on a more positive note:

from the site blocktivity.info

"one way to consider a blockchain project is through its market cap. Another way, closer to the real value, is observing the activity on the blockchain. Lots of FUD and HYPE are responsible for "misplaced" capital in the cryptocurrency space. Here, we are observing which project is actually being used by people, which is in our opinion, the best predictive indicator of value you can have".

with this criteria waves is 12th of 28 major active blockchains, and present a good chance of large adoption.

since the beginning of may, several transactions reaching 10M usd have been realized, in contrast with precedent month.