MakerDAO outperforms broader market as decentralized stablecoin demand remains robust.
What's Happening:
MKR rises 0.76% to $1,814, bucking the bearish trend
DAI stablecoin maintains peg stability during market volatility
Endgame roadmap continues development with SubDAO launches
RWA (Real World Assets) integration expanding protocol revenue
Why It Matters: Maker's positive performance during Extreme Fear demonstrates the value of protocol revenue and real yield. As DAI usage grows across DeFi, MKR captures value through stability fees. The RWA strategy diversifies revenue beyond crypto-native sources.
Technical View: $MKR holding above $1,800 is constructive. Support at $1,780 has held multiple tests, with $1,830 as immediate resistance. Volume remains steady, suggesting accumulation during the broader market weakness.
🎯 Key Levels:
Support: $1,781 | Resistance: $1,830
24h Range: $1,781 - $1,830
💡 Real yield protocols win when narratives fail - MKR prints fees regardless of Fear & Greed
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Maker #MKR #DAI #DeFi #RealYield
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.