However, Spartan’s Tan disagrees. “One could argue that the Waves 2.0 announcement on Feb. 11 triggered the rally, but I think this is unlikely. The rally only started happening in the last week of Feb (unless the markets are so inefficient and slow to price in the announcement),” Tan quipped, drawing attention to the dour market response to the similar announcements made by other blockchains in the past.
Source: https://www.coindesk.com/markets/2022/03/24/waves-coin-breaks-into-top-50-rankings-with-240-monthly-gain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines