It pushed into top 20, it has secured $120 million in funding for integration of its Vostok private blockchain into government an institutional IT systems.
If we look at the project's roadmap, getting into top 10 next years seems challenging, but not unrealistic.
What are the chances for them to make it?
The ranking of a coin in terms of market cap is not an indication of how useful is that coin and it does not give us any information about that coin at all, do not obsess over it, if you believe in waves and their project then hold your coins or buy more of them, if you get profits with it then who cares what position waves is holding or which coins are above it.