Beginning from early December 2017, the cryptocurrency Waves (WAVES) has finally created higher tides, which allowed the ecosystem to break out from the stable $3s, $4s, and $5s. As of December 13th, each WAVE could be brought or sold for around $14-something. What is all the hype?
One possible explanation is the upcoming events for December and the time following, which undoubtedly could bring in mass volumes of interest from the crypto and external communities alike. Some things to watch close for are the Waves Client Public Beta which is released today, and $Waves-NG protocol that would be released in less than two WOOKS from now.
WAVES should not be viewed as a competing platform to Ethereum. Instead, it could be just an additional platform to allow variation in the ecosystems that could be used for creating DAPPS and decentralized smart contracts. Undoubtedly, there are many developers and interest groups, who prefer to use Waves and Ethereum almost simultaneously based on varying functions. For instance, those who are patiently waiting for Ethereum to turn to PoS, could for now switch their interest to Waves as Waves is already using the PoS protocol! Those who feel limitations of the less-known Waves platform, could consequently switch their interest to Ethereum, which some could find better developed and known at the time being.
In any case, WAVES is only just now awakening from its stable marketcap, and its future could be bright if the new December and 2018 updates as well as the awaited $Waves-NG protocol could become a promising upgrade addition to the platform and cause mainstream adaption by interest groups from all categories worldwide who are looking for a well-established platform to begin or compliment their cryptocurrency journey!