Well Waves market cap is almost $300 million compared to Blocknet of $10 million or something. And Waves doesn't have a truly decentralised trading platform, it's a colored coin approach done before by Bitshares. Blocknet does true cross chain atomic transfers.

The only reason why it's so cheap is because the project suffered an EPIC FUD beatdown post ICO and people mistakenly thought it's a scam. Except turned out it's legit, as proven by all the github code and working software.

Litecoin dev Charlie tweeted about Blocknet BTC to LTC atomic swaps.

Just wait until the user friendly interface is launched, right now it's command line and tricky to configure... reminds me of early Monero in terms of they focused on tech first and making it easier to use second.