Waves, a cryptocurrency founded by Ukrainian-born scientist Alexander Ivanov — also known as Sasha Ivanov — spiked about 41%, according to CoinMarketCap data. Ivanov raised $17 million for the project in 2016. Waves, a crowdfunding platform on Blockchain, allows its users to raise money in a decentralized and secure way. This month, Waves said that the total value locked in the 1.0 version of its network stood at $2 billion and 80% of the tokens were locked in staking. The project announced Waves 2.0, which it said was the “ultimate platform for developers, creators, and millions of users.” Waves said it is building a multi-nuclei structure and that the development of its highly scalable Ethereum Virtual Machine-compatible network will begin this spring. EVM is a computation engine that behaves like a decentralized computer. It underpins smart contract deployment on Ethereum. “While the next version of the protocol is underway, the Waves Community will continue to enjoy new infrastructure integrations and DeFi features, including DAOs, next-gen DeFi protocols, launchpads, and flagship NFT marketplaces,” the project said.