WavesEnterprise Price

WavesEnterprise is a cryptocurrency designed for enterprise and public sector applications. It serves as the native token of the WavesEnterprise platform, which extends Waves technology to meet the needs of businesses and governments. Key features of WEST include: 1. Consensus token: WEST is used as a consensus token on the main chain, incentivizing network nodes to maintain the blockchain. 2. Transaction medium: It facilitates transactions between network participants. 3. Enterprise focus: WavesEnterprise caters specifically to enterprise and public sector use cases, offering solutions for large-scale organizations. 4. Waves ecosystem: WEST operates on the Waves platform, benefiting from its established infrastructure. As of 2025-08-02, WEST is ranked #2472 by market capitalization. Its current price is $0.007768, with a 24-hour trading volume of $68.94K. The circulating supply is 225M WEST WEST, and the total supply is 400,000,000 WEST. WavesEnterprise has seen significant price movements recently, with a 24-hour change of -0.24%. The all-time high for WEST was $0.8376 on October 8, 2021, while its all-time low was $0.003553 on January 4, 2024. The project aims to bridge the gap between blockchain technology and enterprise needs, offering a specialized platform for business and government applications. WavesEnterprise (WEST) cryptocurrency, launched in 2019, continues to evolve and adapt to the growing demands of enterprise blockchain solutions.

WavesEnterprise was created on June 6, 2019. It was launched as the native token of the Waves Enterprise platform, which is an extension of Waves technology focused on meeting the needs of enterprises and the public sector. WEST serves as a consensus token on the main chain, providing economic incentives for network nodes to maintain the chain and facilitating transactions between network participants. Since its launch, WavesEnterprise has played a crucial role in the Waves Enterprise ecosystem, supporting various enterprise-grade blockchain solutions and decentralized applications.

The founders of WavesEnterprise are Alexander Ivanov and Sasha Ivanov. They established the Waves platform in 2016, which later expanded to include WavesEnterprise as an enterprise-focused blockchain solution. Alexander Ivanov serves as the CEO and lead architect, while Sasha Ivanov contributes as a key technical advisor. The WavesEnterprise project was officially launched in June 2019, building upon the core Waves technology to meet the specific needs of businesses and government organizations. Since its inception, the founding team has focused on developing WavesEnterprise as a scalable and secure blockchain platform for enterprise applications, with features like smart contracts, data privacy, and regulatory compliance.

WavesEnterprise operates on a blockchain platform designed for enterprise and public sector use. Here's how it works: 1. Consensus Mechanism: WEST serves as the native token for consensus on the main chain, incentivizing network nodes to maintain and secure the blockchain. 2. Transaction Medium: It facilitates transactions between network participants, acting as a digital currency within the ecosystem. 3. Smart Contracts: The platform supports smart contracts, enabling automated, trustless execution of business logic and agreements. 4. Staking: Users can stake WEST tokens to participate in network governance and earn rewards. 5. Enterprise Solutions: WavesEnterprise provides tailored blockchain solutions for businesses, including data management, supply chain tracking, and secure document exchange. 6. Interoperability: The platform aims to bridge private and public blockchains, allowing for seamless data and asset transfer. 7. Scalability: WavesEnterprise is designed to handle high transaction volumes, making it suitable for large-scale enterprise applications. As of 2025-08-02, WEST is trading at $0.007768 with a market cap of $1.74M. The circulating supply is 225M WEST, and it has seen a -0.24% change in the last 24 hours.

WavesEnterprise utilizes a hybrid blockchain architecture that combines features of public and private networks. Its core components include: 1. Main chain: A public blockchain based on the Waves protocol, using Leased Proof-of-Stake (LPoS) consensus. 2. Private sidechains: Permissioned networks that can be customized for enterprise needs. 3. Anchoring mechanism: Ensures data integrity by recording sidechain block hashes on the main chain. 4. Smart contracts: Supports Turing-complete smart contracts written in RIDE language. 5. Node types: Includes mining nodes, validating nodes, and client nodes with different roles. 6. Cryptographic algorithms: Uses Curve25519 for digital signatures and SHA-256 for hashing. 7. Data storage: Combines on-chain and off-chain storage solutions for scalability. 8. Interoperability: Features cross-chain atomic swaps and data gateways. This architecture allows WavesEnterprise to offer enterprise-grade security and privacy while maintaining transparency and decentralization where needed. The platform's native token WEST plays a crucial role in network governance, transaction fees, and incentivizing node operators.

The future of WavesEnterprise (WEST) looks promising. The project has a clear roadmap focused on expanding enterprise adoption and enhancing its blockchain platform. Key milestones for 2025-2027 include: 2025: Launching improved smart contract functionality and expanding partnerships with major corporations. 2026: Implementing cross-chain interoperability features and releasing new developer tools. 2027: Rolling out advanced privacy and scalability solutions for enterprise users. Long-term goals through 2030 involve further decentralizing the network, exploring new use cases in sectors like supply chain and healthcare, and potentially introducing a governance token. The WEST team is committed to continuous innovation and enterprise-grade development. With its current market cap of $1.74M and growing adoption, WavesEnterprise is well-positioned to become a leading blockchain solution for businesses in the coming years. However, as with any cryptocurrency, price volatility is expected, and the project's success will depend on market conditions and execution of its roadmap.