The price of Waves (WAVES), a blockchain platform centered around a multi-currency wallet that features a decentralized exchange (DEX), is up big after the project launched a major update for its mobile wallet.


According to the recent announcement, the Waves mobile app now includes a crypto wallet, the Waves DEX and fiat gateway, in addition to a number of security features including face ID, touch ID and fingerprint scanning.

As a result, the price of WAVES surged from $1.40 to nearly $2.40 before settling at roughly $2.14, representing a jump of more than 50% since the announcement.

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WAVES now holds a $213.5 million market cap, making it the 27th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

The updated mobile app can be downloaded directly from the Apple App Store or from Google Play.

More: Waves Mobile Wallet: Global Update
Related: Waves Launches Blockchain Smart Assets on Its Testnet

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.