Waves Price Struggles Amid Long-Term Downtrend
The Waves platform has faced significant challenges since its launch in 2016 as a custom token and decentralized app (dApp) platform. Despite an initial price drop of over 97% from its all-time high, the project has continued to develop infrastructure for mainstream adoption.
The DeFi protocols within the Waves ecosystem have been exploring the integration of Artificial Intelligence technology to compete with other similar platforms on other chains.
The current price of WAVES is $0.2112, which is slightly above the Bollinger Band middle line at $0.2063. The key resistance level is $0.2772, and a daily close above this level could confirm a bullish breakout.
Coinpedia predicts that WAVES may reach a maximum of $0.54 in 2026, with potential lows and averages ranging from $0.120 to $0.5479. By 2030, the price may peak at $7.86.