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WAVES Token Grow By More Than 90%

31 May 2022 14:16, UTC
Anna Martynova

The token price has jumped over 90% in the last 24 hours. This surge helped the token trade at $8.73 at the time of writing. WAVES trading volume jumped by as much as 730% in 24 hours to $3.7 bln.

According to Defilama, WAVES total value locked (TVL) has jumped a whopping 27% in the last 24 hours. At the time of writing, its TVL is $1.13 bln. It is the 10th largest network by TVL.

The price of the Vires Finance token has increased by 8% in the last 24 hours. At the time of writing, the token is trading at an average of $60. The price spike is backed by Waves announcement of Neutrino USD (USDN) revival plan. On April 2, 2022, the USDN fell. The protocol mentioned that the freefall was registered due to the massive selling of the tokens in the USDN liquidity pool on Curve Finance.

Image: Medium