The WaveGenesis theory proposes prime numbers as dynamic constructs represented by interactions of Morlet wavelets in a lattice.For semiprimes n = p * q, the signal encodes waves of p and q, allowing separation through frequency analysis.The theory extends to dynamic graphs where primes are connected nodes, and two-dimensional wavelets model the lattice surface.Primes are stable attractors in a dynamic system, aligning with systems theory and geometric frameworks.The paper rigorously proves prime composition with waves through theorems and computational validations.The wave model involves two waves for the periodicity of primes and utilizes wave superposition for factorization.Geometric representations in a two-dimensional lattice and dynamic graphs illustrate the wave theory of primes.Temporal evolution transforms the lattice into a dynamic system where primes are stable states.The theory aligns with Unified Number Theory and provides theorems on wave collision, prime composition, and wave separation in semiprimes.Conjectures on graph connectivity, prime density, and spectral separation in semiprimes further explore the wave-based prime theory.