Yep. Almost every seedling will give you a little stress with wavy leaves in the beginning. It's more common than not in my experience. What causes it, could just be a trait in seedlings development. It could be a pH it doesn't agree with. It could be environmental. It could be a oxygen issue at the roots.
I see a touch of over water, which is super common with seedlings for so many growers. Keep that soil fluffy and on the dry side. Otherwise, it's likely nothing to worry about and as the plant matures it will go away.