network: News of Waves (WAVES) - July 2024 Price Update - 7.23% Breakout Crypto News and Analysis

Student, Crypto Enthusiast

Explore the Core.

Waves is a blockchain network designed to support the adoption of Web3 technologies. It provides a user-friendly interface for building smart assets (customized tokens). It has a native exchange that supports the trading of these customized tokens. Moreover, it has low transaction fee compared to other platforms. The Waves blockchain is designed to enable users to create and launch custom crypto tokens as simply as possible, even without prior knowledge. The WAVES token is used for transactions and as collateral for custom tokens.

Spot the Main Event:

The Waves Blockchain founder recently participated in an AMA session highlighting the progress made by the Waves team and the numerous updates still to come to the Waves Ecosystem. He highlighted several points of development in the network, including the launch of the Units network ( an L2 aimed at scalimg the Waves network), the ongoing TVL campaign as well as the proposal to increase the waves token inflation, to facilitate buying back XTN faster. All these factors have contributed to investors action, evident in the amount of liquidity flow into the ecosystem and the increase in interactions and transaction volume

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.