$MKR rises 0.8% to $1,813 — the sole major token in positive territory amid market-wide carnage.
What's Happening:
Price Action: Maker gains 0.8% while everything else drops 5-12% — stunning outperformance.
DAI Stability: DAI stablecoin maintains peg perfectly during volatility — protocol working as designed.
RWA Revenue: Real World Asset yields continue flowing — Treasury bills don't care about crypto prices.
Governance: MKR buybacks from surplus buffer provide bid support.
Why It Matters:
Maker's RWA pivot is paying dividends — literally. T-bill yields flow into protocol revenue regardless of crypto sentiment. When markets panic, stablecoin demand increases, benefiting DAI. MKR is becoming a yield play, not a speculation play.
Technical View:
$1,700 is support — the recent consolidation floor. MKR holding above while others crash signals institutional accumulation. Resistance at $2,000. Relative strength chart shows dramatic outperformance.
🎯 Key Levels:
Support: $1,700 | Resistance: $2,000
24h Range: $1,780.60 - $1,830.00
💡 "Treasury yields don't check crypto charts. Maker found yield outside the casino — and it's paying off."
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Maker #MKR #DeFi #RWA #CryptoNews
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.