This article was last updated on August 8, 2022
The current state of the crypto market is quite scary for some. It got many investors to look into selling their assets in panic. However, there are investors who know this is only a temporary situation. These same investors are also looking into Waves price predictions and want to know whether or not WAVES will reach $100.
That’s because they want to know what to expect in the future from Waves. This is exactly what we will be covering in this article, including more information about the Waves network and network.
If you are new to the crypto space, we highly suggest checking out our dedicated article for crypto beginners. Once you read it, you will have a great foundation and an easier time navigating through the crypt space.
With that being said, let’s get right into it.
Over the past week, the price of Waves (WAVES) remained around $6.28. The circulation supply is 108 million tokens. The market cap went up to $683 million.
Table of contents
What Is Waves?
Waves is a crypto network that is looking to help utilize dApps and smart contracts. Because of that, many refer to its blockchain as a multi-purpose one.
Initially, back in 2016, Waves was on a mission to help improve other blockchains through transaction speed, ideas for utility, and ease-of-use. Since then, the platform went through a complete transformation.
It has now added multiple spin-off features, helping build over the original idea and design.
The main customers of Waves are business clients looking to use blockchain services or improve their own blockchains.
This was nothing hard to do for the platform due to launching other appealing products such as Gravity. Gravity is a cross-chain oracle network which has been gaining a lot of attention lately.
Aside from that, they also have the DeFi-focused platform called Neutrino and their own DEX called Waves DEX.
Most notably, ever since the news that Waves would be interoperable with Ethereum, it gained massive attention.
This allowed them to launch their native tokens – WAVES – as an ERC-20 standard asset.
Will WAVES Reach $100?
Waves is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network once the market stabilizes. That’s why so many believe the price will not only reach $100 but go beyond and reach its past glory.
However, let’s think about it for a moment. The current price of Waves is around $5, which is far away from its previous all-time high of $54.61. This means it will need a 20x increase in order to reach a price evaluation of $100. With a current market cap of $572 million, this will result in a new market cap of more than $11.4 billion.
This is perfectly doable once the market stabilizes and crypto sees more adoption. However, this will not happen anytime soon. It will probably happen in the distant future (more towards the end of the decade).
First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish.
So when is Waves going to reach $100? It will take at least five more years, or even six if we are being conservative.
WAVES Price Prediction For 2022 – 2030
Waves’ future price is difficult to predict as it is reliant on a number of factors, including the performance of the Waves network, global economic conditions, and the price of other cryptocurrencies. However, if Waves continues to grow as a network at its current rate, it is possible that the price evaluation for WAVES could easily go back to its past prime and probably around the price mark of $10 by the end of 2022 or 2023.
This would be a significant increase from its current price of around $5, but would still be way below its all-time high of $54.61, reached in March 2022. While Waves’s future price is impossible to predict with certainty, we are eager to share with you our analytical forecast.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the interesting part.
2022
Some of the financial industry’s top names have lent their weight to Waves’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Waves’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and break through the $10 mark yet again, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect WAVES to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $2-$3.
2023
Many analysts have made Waves price predictions for 2023, and the general consensus is that the price of Waves will continue to rise. This is based on a number of factors, including the increasing use of Waves’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Waves will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Waves to reach $14.15-$16.22 by the end of 2023.
2024
If the growth for Waves continues, we can easily see it getting massive adoption. Our price prediction for 2024 is as conservative as possible in order to not misguide you.
We believe that by the end of 2024, the price of Waves will reach at least $18. If we let ourselves be a bit more speculative, we’d raise it to $20, bringing it closer and closer to its previous peak.
2025
According to many Waves enthusiasts and their price predictions, WAVES prices may rise dramatically in the trading range between $23.82 and $25.61.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, WAVES price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Waves network can significantly expand and develop. In that case, prices may even go as high as $30, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If a Waves competitor arises, things can definitely go south for Waves. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Waves dropping by 50-70%, meaning it will go for about $12-$15.
2026
Keeping our conservative approach, we won’t try to make ridiculous price predictions for Waves. Although many believe that by 2026 the price of WAVES will be at least $35.85, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Waves will be evaluated at anywhere between $32.22 and $33.90.
2027
As the years go by and Waves continues its expansion and proves its utility we can easily see it going for as much as $40. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that WAVES will be evaluated at around $35 – $39.15. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028
In 2028, if Waves comes out with new projects and experiences further adoption, we can see it potentially going out from the 30s and reaching a price of $42.11 – $44.65. However, this is mostly optimistic.
On the lower end, we can see WAVES being worth around $15 while, on average, remaining at around $43.
2029
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Waves will be moving at around $55 to $59.57 easily, although we can also see it reaching the $70 mark.
2030
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about eight years into the future.
Some experts have forecast that Waves’s price could reach up to $80 by 2030. This would be a significant increase from its current price of around $5. However, it is important to remember that Waves is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Waves, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Waves certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Waves, if that happens, we can easily make a price forecast that WAVES can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $5. On a brighter note, this is highly unlikely, even though not impossible.
Our Opinion On Waves (WAVES) Price Predictions
Given the Waves price today, we can make lots of speculations. However, when doing a price prediction or looking at one, you must stay completely aware that most of the time it is completely off.
Although we kept a conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Waves is certainly a great project with huge potential, which makes us believe that it will survive throughout the years. Not only that, but if we see it live through, it is most likely going to be a project that the majority of blockchain networks adopt due to Waves’ utility.
Overall, although we believe Waves will certainly be bullish and we believe in our speculations, we can never be certain.
Waves (WAVES) Price Prediction 2022-2030 – Table
WAVES Price Prediction | Minimum Price | Average Price | Maximum Price |
---|---|---|---|
2022 Price Prediction | $9.89 | $10 | $10.25 |
2023 Price Prediction | $14.15 | $15.91 | $16.22 |
2024 Price Prediction | $17.66 | $18 | $20 |
2025 Price Prediction | $23.82 | $25.61 | $30 |
2026 Price Prediction | $32.22 | $32.96 | $33.90 |
2027 Price Prediction | $35 | $39.15 | $40 |
2028 Price Prediction | $42.11 | $42.95 | $44.65 |
2029 Price Prediction | $55 | $59.57 | $70 |
2030 Price Prediction | $71.15 | $74.41 | $80 |
Conclusion
Taking all of the above into consideration, it would appear that WAVES is a very promising investment. The price predictions for WAVES are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that WAVES will reach the predicted price points. However, if you are looking to invest in cryptocurrency, WAVES is definitely worth considering.
There aren’t too many unique projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Waves. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Waves anytime soon, huge companies are already working hand in hand with Waves to better their operations.
We will keep an eye on the development of Waves and how it performs. Its potential, in tandem with our price predictions, makes us keen to see what lies in the future for Waves.
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