Wave, Is the investment value still intact after delisting from the exchange?

Recent notable changes have occurred in the global cryptocurrency market. Once a high-profile altcoin, WAVES(WAVES) is experiencing a reshuffling of its market position following delisting decisions by major exchanges. Amid these issues, many investors are contemplating the technical value and recovery prospects of WAVES after its coin delisting.

WAVES Is Not Just a Simple Cryptocurrency

WAVES was launched in 2016, led by Russian physicist Sasha Ivanov, raising approximately $16 million through an ICO. Unlike Bitcoin, which focuses solely on store of value, WAVES functions as an all-in-one blockchain platform supporting digital asset issuance, trading, transfer, and dApp(DApp) development.

A core feature of WAVES is its user-friendliness. Unlike other platforms requiring complex coding knowledge, WAVES is designed for anyone to easily create their own digital assets. When creating, issuing, or trading tokens, WAVES coins are used as transaction fees, and the platform also has a built-in decentralized exchange(DEX).

WAVES(WAVES) Basic Information

• Launch Year: April 2016
• Current Price: $0.67 (December 2025)
• 24-Hour Change: -0.16%
• Market Cap: $67.13M
• Circulating Supply: 100,000,000
• All-Time High: $61.30

Actual Causes of Exchange Delisting

Analyzing the background of certain exchanges’ coin delisting decisions reveals several clear factors.

1. Continuous Decline in Trading Activity As the crypto market matures, exchanges tend to clean up coins with low liquidity and trading volume. WAVES, unable to maintain initial interest, saw its trading volume gradually decrease, which was a significant factor behind the delisting decision.

2. Weakening Project Development Momentum WAVES previously had notable collaborations, such as developing a platform for Russia’s central depository and partnering with well-known franchises. However, currently, development progress is considered slower than expected.

3. Network Stability Controversy In November 2022, a significant incident occurred where the stablecoin USDN(Neutrino USD) linked to WAVES failed to maintain its 1-dollar peg. This severely damaged trust in network stability, prompting many platforms to issue warnings about investment risks.

Is WAVES’s Technical Edge Still Valid?

The technological foundation of WAVES still contains intriguing aspects.

The platform adopts a modified proof-of-stake(PoS) consensus mechanism called WavesNG, based on Bitcoin-NG technology proposed by Professor Emin Gün Sirer at Cornell University. The key advantage of this tech is significantly increasing transaction processing speed. As an open-source project, it offers high transparency and ease of community verification.

Additionally, WAVES actively integrates next-generation blockchain technologies such as DeFi protocols, cross-chain solutions, and oracle networks. Through its own NUTRINO platform, it issues stablecoins and provides decentralized finance services, expanding cooperation with various projects.

Price Scenario Outlook Post-2025

Industry analysts have mixed outlooks. Generally, short-term sentiment leans neutral to bearish.

Some scenarios proposed include:

• Short-term in 2025: $1 to $6.57
• 2025: potential rebound to $2.50
• Long-term by 2030: growth potential to $5 or higher

The long-term price trajectory will largely depend on the pace of technological development, the ecosystem’s DeFi position, and the practical utilization of cross-chain solutions.

Is Now a Good Investment Opportunity or a Risk?

Interestingly, some analyses suggest WAVES’s current price may be technically oversold. This could present a meaningful entry point for investors seeking undervalued assets.

In February 2025, WAVES surged by 21% in a single day, classified as a Russia-themed coin, influenced by geopolitical developments. Future international political changes could lead to even greater volatility.

However, despite these positive signals, practical constraints remain. WAVES still carries higher inherent risks compared to major coins like Bitcoin and Ethereum as an altcoin. Sudden events such as coin delisting could occur, and market trust recovery may take considerable time.

Where Can You Trade WAVES?

Despite delisting, WAVES continues to be actively traded on various platforms:

• Decentralized Exchanges: Direct trading on DEX platforms like Uniswap without relying on centralized exchanges
• Domestic Exchanges: Listed on major local centralized exchanges with high liquidity
• International Exchanges: Supported by major global platforms as well

Final Advice

In the volatile crypto market, WAVES currently carries significant uncertainty. At the same time, opportunities exist.

Before investing, it is essential to closely monitor the latest development trends of the WAVES project, accurately assess your investment goals and risk tolerance, diversify your portfolio to mitigate risks, and always keep in mind that it is a high-volatility asset. Proceed cautiously.