Maker Dao, the decentralized finance (DeFi) platform known for its native token MKR, has been an essential player in the cryptocurrency ecosystem. Recently, the token experienced significant fluctuations, dipping below $2,000 after reaching an all-time high of over $6,300 in May 2021.

Various DeFi protocols generated large amounts of revenue in with many established protocols making revenue figures close to their 2021 highs.

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Former MakerDAO team member Sean Brennan has been appointed to lead BioDAO's AI agent business.

MakerDAO's December achievements include a record $1.67 million in single-day fees, helping push earnings to an unprecedented $40.86 million.

Amid the declining market demand for MKR tokens, the growing user base over the MakerDAO network hints at a potential recovery in 2025.

Maker's demand zone lies at the $1,440-$1,480 price levels, where 2,530 addresses purchased the token.

MakerDAO recorded an all-time high in fees and revenue this month, as per DeFiLlama. The DeFi protocol hit day-highs of $1.67 million in fees and $1.18 million in revenue on December 9.

Sky Protocol, formerly MakerDAO, achieved peak monthly fees in December. The lending protocol expanded through its Spark sub-DAO, aiming to regain its previous position among top lenders.

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Maker (MKR) is drawing significant attention from investors as Ethereum (ETH) shows strong growth, setting the stage for a potential rally in MKR. Following a breakout from a long-term downtrend, MKR is positioning itself for a possible climb toward $5,000 by 2025.

Maker targets $5,000 as Ethereum soars, breaking downtrends with bullish signals and strong holder confidence.

Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.

TL;DR Sky accelerates the migration from Maker to SKY as part of its rebranding to consolidate the new token and eliminate confusion. SubDAOs, referred to as “Stars,” will be introduced to provide operational flexibility and autonomy within the ecosystem.

Sky, previously known as Maker, is fast-tracking the transition from MKR to SKY tokens as part of its ongoing rebrand, which began in August. The post Sky (Formerly Maker) Accelerates MKR to SKY Migration Post-Rebrand to Remove Confusions appeared first on Cryptonews.

MKR, the native token of MakerDAO, has recently shown mixed signals in its price charts, leaving investors wondering if a significant rally is on the horizon. After breaking out of a descending channel, MKR's price has struggled to gain upward momentum.

Rune Christensen, the co-founder of Sky, says the ultimate goal is to turn MKR into a wrapper that represents 24,000 SKY.

Mixed signals have been prevalent across MKR's price charts lately.

Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.

The next few days and weeks could be key for APE's price action.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

Bitcoin-backed stablecoin USDa currently ranks second among the largest CDP projects, trailing only behind MakerDAO's DAI. The stablecoin issued by Avalon Labs has a total value locked (TVL) of $729 million and a borrow-supply ratio of 48%.

Get ready for the Wise Monkey (MONKY) airdrop! If you hold FLOKI, TOKEN, or APE tokens, you could receive free MONKY tokens.

ApeCoin has broken out of its descending triangle pattern with an RSI of 65.94 and trades at $1.86, showing bullish technical signals despite mixed on-chain metrics and declining address activity.

On-chain data reflects mixed signals as traders cautiously navigate APE's evolving market dynamics.

Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT's native token, which would be released in the short term.

XRP's price action over the next few days and weeks will be pretty key.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

APE's breakout to $1.86 signals bullish momentum, with key resistance at $2.30 ahead.

Yuga Labs acquires Tokenproof's tech team, reshaping the NFT landscape and boosting ApeCoin (APE) performance. Will APE surpass its $2.16 ATH?

ApeCoin price rose for eight consecutive days, reaching a high of $2.166, its highest level since March 2024.

Maker (MKR) could soar by 35% to reach the $3,200 level if it closes a daily candle above the $2,230 level.

The MONKY airdrop has created a buzz among FLOKI and APE communities, presenting an opportunity to increase visibility for these tokens.

Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings.

Binance has revealed plans to support the upcoming Wise Monkey airdrop, which looks to reward holders of ApeCoin and Floki.

Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance's commitment to rewarding loyal communities while supporting new projects in the crypto space.

Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.

Maker rebounds strongly, surging 3.67% daily, with bullish momentum targeting $2200 resistance levels.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.

Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.

Should you diversify into MKR now that MakerDAO is demonstrating healthy activity and growth? Here's what our findings reveal.

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

The Maker (MKR) token has seen a notable surge in whale activity, with large transactions jumping by a staggering 1,400%. Despite this increase in large-scale transactions, technical indicators and on-chain metrics are sending mixed signals about the future direction of MKR's price.

HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.

Crypto exchange behemoth Binance revealed an important update on tokens HBAR, APE, OM, RAY, FDUSD, TAO, and TURBO on Wednesday. Notably, the exchange revealed new listings and enhanced trade offerings for the mentioned tokens, expanding market support.

Will APE extend its rally despite an impending token unlock?