Waves is just in a lull, because of NEO as was mentioned. It has many sucessful ICOs already, and the development is active, it's so new and the dex isn't even at 1.0 yet, so as long as it's over 100k it's still doing good. Seems everyone is trying to copy Eth, neo is just the china version, but every day I see a new ico for a new type of eth, based on eth blockchan. Waves is on it's own, totally unique with many features eth doesn't. Stratis doesn't really have anyone using their product, do they? A lot of promises and potential. Strong development, I think it's one to hold and buy the dips, it already tested it's high around 400k and by the end of the year it should be back there. Next year I could see it at 0.01.
Why is one coin so dependent on others, especially all these ICOs? Should not the more ICOs happen the better, as like what happened with ETH when all the ETH ICO did? Also, WAVES is not 1.0 but don't forget Bitcoin is also only at 0.14.2. So really, there is no such thing as a 1.0 crypto and we cannot use that to measure maturity. This is all still strong speculation. Only time will tell.