Waves Price Jumps Nearly 26% Thanks to Upcoming Release of 'Major Update’

The price of Waves (WAVES) has surged by nearly 26% this weekend, thanks to the upcoming release of a “major update” that’s set to let developers launch decentralized applications (dapps) and non-fungible tokens (NFTs) on its blockchain.

According to a recently published Medium article, the team behind Waves is set to release the Node 1.0 update in a few days. With it will come a new programming language called RIDE, which is set to enable the implementation of decentralized applications on the Waves blockchain.

The Medium post describes RIDE as follows:

RIDE was written specifically for execution in a blockchain environment and designed for building applications that will form the next generation of the internet.

The programing language is also set to introduce the ability to perform mathematical calculations using the blockchain. Per Waves’ team, one of the cases for this could be the launch of algorithmic stablecoins.

Moreover, the update will start letting users of Waves’ decentralized cryptocurrency exchange (DEX) start paying for trading fees with coins other than the WAVES token. Initially, other options appear to be bitcoin or ether. Read More at CryptoGlobe...

#WAVES #TA #Bullish

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