Talking about the capabilities of the platforms with the inclusion of security, scalability, developer friendliness and usability per se, nothing so far competes with according to a developer and memester with twitter handle The Waves Guy.

He pointed to how, Waves has some adoption problems but that’s solely because people hate getting out of their comfort zone. ETH is kind of becoming the SAP of blockchain. Everyone hates is but it’s so widespread that they have to use it.

Also said, scales without cheating. Writing dApps is simple and above all predictable. It’s cheap and user friendly. Most people don’t realize that there are actually very few layer 1 solutions that are not ETH forks and can compete with or even outcompete ETH.

I mean ETH has huge scalability problems. ADA still doesn’t have smart contracts. AVAX is nice but already had minting and inflation bugs. SOL is not really decentralized. There are platform X and Y but this isn’t about your bags.

In summary, Waves is objectively underappreciated. He believes, Waves keeps pumping, its ecosystem is thriving and some people are actually going to miss the train.

He also stated, Dumps can’t hurt Waves hodlers. We will always come back.

Recently it was expressed “Waves Node 1.3 Jumeirah is rolling out on the Testnet. Gasless cross-dApp calls, a leasing function and more functionality in Ride v5, script complexity increased to 10,000 and other improvements are at your disposal! Waves is introducing a new DeFi era.”

For clarity, Waves Tech is a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, the embodiment of technological freedom for blockchain-based finance.

Sasha Ivanov expressed, If you think that Waves lags behind in terms of market cap and such remember that we’re moving forward by launching actual products. In two proverbial weeks cross-Dapp calls live on mainnet, flash loans and stuff, total TVL will explode.

Further stated, in about a month liquidity pools on waves exchange, will boost USDN, locking even more value into it. Around June – final piece of DeFi puzzle, lending protocol launch. Thus, Will lock even more value. Stay tuned and keep the faith. Waves is the blockchain for the people.

It just looks like Waves advocates are very confident about the potential of their blockchain, projects and exchange.  They are counting on a DeFi explosion in their ecosystem. They are expecting passive income with high APY, payouts every 24 hours, with zero staking fees. Also, they claim Waves is the greenest chain on the block.