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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| WAVES | -29.22% | -80.91% | -28.2% | -51% |
| S&P | +17.53% | +93.66% | +14.13% | +224% |
Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, created by entrepreneur Sasha Ivanov in 2016. It provides backend support for Web 3.0 services and is designed to raise security, reliability, and speed of IT systems. Its purpose-designed tools make it easy and accessible to develop and run dApps, leveraging the properties of blockchain systems for security, auditability, verifiability, and trustless execution of transactions and business logic. Waves has released numerous successful blockchain-based solutions and has developed into a constantly-growing platform with a broad infrastructure.
So far, this cryptocurrency ecosystem has evaded the fate of one of its top rivals.
This Ethereum-compatible altcoin is giving back the gains it posted in recent weeks.
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