Who remembers what happened to Waves and Luna in 2022?
They pumped hard right in the middle of Bitcoin’s bear market.
And Bitcoin itself was only halfway through its downtrend.
I don’t get excited at all when I see random altcoins pumping like this.
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📰 Inside Waves: Data Edition
📊 Feature 23: Market Reaction (Feb 17–23)
Approval → Activation
🔹 @puzzle_network txs peaked at 6,035
🔹 WAVES utilization at @puzzle_lend: 92.8–94.3%
🔹 XTN: 0.045 → 0.078 $WAVES (+73%)
📈 Signal of the Week
Capital repositioned ahead of activation (reward 6→60; buyback 2→20)
🧠 Behavior Insight
Borrowing demand rose, utilization neared capacity.
Flow suggests steady XTN accumulation
📦 Market State: ⚡️ Pre-Activation Repricing
🔮 Next Week Watch
XTN/WAVES dynamics & buyback efficiency post-activation.
The new Waves DAO treasury structure:
🔷 4 $WAVES per block goes to core team Waves development funding
🔷 16 $WAVES are reserved for #Waves developers grants to be distrubuted through Waves DAO governance
It's a great moment to start building on Waves!
