WAVES price swells to new all-time highs, nearing $4B market cap By Cointelegraph



WAVES price swells to new all-time highs, nearing $4B market cap

Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape.

One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted blockchain protocol that has seen significant growth in 2021 thanks to recent strides in decentralized finance (DeFi), nonfungible tokens (NFT) and real-world adoption.

WAVES/USDT 4-hour chart. Source: TradingView
WAVES long-term sentiment (light blue) vs. Tweet volume (dotted blue). Source: The Tie