This Crypto With A Ukrainian Founder Is The Top Gainer Today, Outperforming Bitcoin, Ethereum, Dogecoin

Waves (WAVES), a cryptocurrency founded by Ukrainian-born scientist Alexander Ivanov — also known as Sasha Ivanov — spiked 41.5% to $17.23, according to CoinMarketCap data.

See Also: How To Buy (WAVES) Waves?

Why Is It Moving? Waves was buoyant alongside other major coins at press time as the global cryptocurrency market cap spiked 11.35% to $1.9 trillion. 

This month, Waves said that the total value locked in the 1.0 version of its network stood at $2 billion and 80% of the tokens were locked in staking. At press time, the TVL stood at $1.56 billion, as per data from DeFi Llama.

The project announced Waves 2.0, which it said was the “ultimate platform for developers, creators, and millions of users.” Waves said it is building a multi-nuclei structure. The project said that the development of its highly scalable and Ethereum Virtual Machine (EVM) compatible network will begin this spring. 

EVM is a computation engine that behaves like a decentralized computer. It underpins smart contract deployment on Ethereum .

“While the next version of the protocol is underway, the Waves Community will continue to enjoy new infrastructure integrations and DeFi features, including DAOs, next-gen DeFi protocols, launchpads, and flagship NFT marketplaces,” the project said.

Waves Chatter: On Monday, Ivanov underscored his Ukrainian roots on Twitter and called for peace.

The Waves founder also tweeted that when the dust has settled in 20-30 years' time, “we’ll have a global [DAO] to govern humanity.”

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