Waves Adds 34% in 2 Days on Positive News

Waves has increased by 34% in the last two days, after announcing an updated version of the Waves Wallet mobile app.

Waves, the 28thlargest cryptocurrency by market cap according to Coinmarketcap data, has been among the biggest gainers on Tuesday and Wednesday, as it has added 34% in the last 36 hours.

Waves was trading at $1.50 on Tuesday and is currently fluctuating around $2.01 as of 10:21 UTC, after hitting the daily peak at $2.24. On Tuesday, Waves touched a daily and two-month high at $2.34.

The price surge was driven by the recent news that Waves Platform, a blockchain-based ecosystem, updated its Waves Wallet application for mobile phones and could be downloaded through Google Play and App Store.

Source: Twitter

Waves founder and CEO Sasha Ivanov commented:

"We believe our app provides a step forward for the crypto and blockchain community, a better experience for iOS and Android users than they can get elsewhere."

"The new mobile app incorporates the most popular features of the desktop Waves Client going far beyond the functionality of the wallet. At the moment no other platform offers anything like that."

The new app encrypts all the traffic of data, which ensures a high degree of security. The private keys do not reach the web and never leave the mobile device. Also, there are several more security features, such as Face ID, fingerprint scanning, and touch ID.

Also, Waves is about to announce its own token standard – something similar to Ethereum’s ERC 20 standard. This will allow users to apply Waves’ blockchain platform to create smart assets. Waves has already presented the concept of their smart assets, which can act like security tokens or utility tokens. The launch of this standard is expected to happen next week.