We are learning that the Google Wave program will be ending as early as next year, mainly due to lack of user adoption.
Not surprising as there are so many other social media platforms.
Google will wipe out Wave as early as next year.

The statement released from Google:

Google Wave is one of several eye-catching innovations hatched by Google over the years, which have failed to make a meaningful contribution to a company that still relies heavily on its core online advertising business.

Google Wave, which stirred a great deal of interest at its unveiling just last year, was designed to aggregate users’ communication in a central location open to a number of participants. Google Senior Vice President of Operations Urs Hölzle said in a statement that despite garnering “numerous loyal fans, Wave has not seen the user adoption we would have liked.”