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BTC price is back in its range, potentially given opportunities for UNI, ARB, AAVE and MKR to move higher.

MakerDAO witnesses massive amounts of interest in DAI due to whale behavior. The revenue generated by the protocol sees growth due to the success of RWAs.

In a recent tweet by renowned chain analyst Ember Yu, venture capital firm a16z made a significant transfer of 6,432 MKR tokens to Coinbase.

MakerDAO benefits from LSD sectors as dominance of wstETH on the protocol begins to rise. MKR sees growth as price and velocity begin to surge.

BeInCrypto looks at five altcoins that increased the most in this week's crypto market, specifically from June 30 to July 7.

MKR could be considered as one of the best performing cryptocurrencies especially considering its performance in the last seven days. Additionally, whales were seen buying the token too, which negated any chances of a price correction in the near future.

Veteran DeFi altcoin MKR, a core native cryptocurrency of the MakerDAO ecosystem, is among the best performers in the last month. Regulatory pressure and market uncertainty failed to stop its marvelous 95% rally in the last four weeks.

Amid the bullish momentum, some assets have towered over others as they look to recoup previous losses.

Amid the bullish momentum, some assets have towered over others as they look to recoup previous losses.

Bitcoin Cash and Litecoin continue to lose momentum, as both are down by over 3% for a second consecutive day.

The past few days have favored altcoins with incredible gains. Among the soaring coins is MakerDAO's governance token Maker (MKR).

Over the course of seven days, Maker (MKR) has experienced remarkable growth, showcasing its potential as a lucrative investment opportunity. According to data from CoinMarketCap, MKR has recorded a significant gain of 30% in this timeframe, sparking much interest and optimism among its numerous traders and holders.

Bitcoin's narrow range trading may end soon and if an upside breakout happens. Meanwhile, LTC, XMR, AAVE and MKR are showing strength.

After replacing MakerDAO as the leading DeFi protocol in January, Lido's TVL has since grown tremendously.

MakerDAO, a prominent decentralized finance (DeFi) platform, has made significant developments to reduce its reliance on USD Coin (USDC) as collateral for its stablecoin, DAI. The protocol has diversified its collateral by incorporating Real World Assets (RWA), such as short-term bonds, which now constitute a substantial portion of DAI collateral.

MakerDAO has decreased its dependence on USDC as collateral, shifting focus to Real World Assets (RWA) and experiencing notable growth driven by wstETH.

MakerDAO has decreased its dependence on USDC as collateral, shifting focus to Real World Assets (RWA) and experiencing notable growth driven by wstETH.

MakerDAO's DAI has swapped out a lot of USDC in its stablecoin reserves for U.S. Treasurys as its collateral changes shape.

MakerDAO has purchased additional U.S. Treasury bonds worth $700 million. The decentralized finance (DeFi) protocol houses the DAI stablecoin. Meanwhile, the latest purchase saw DAO's total treasury bond balance hitting $1.2 billion. The move comes after the MakerDAO neighborhood voted to expand its United States Treasury bond value to $1.

MakerDAO, the DeFi protocol behind decentralized stablecoin DAI, has completed the acquisition of an additional $700 million worth of US treasuries.

MakerDAO announced on Wednesday a significant addition of $700 million in U.S. Treasury bonds to its holdings, which took its total bond holdings to $1.2 billion, a move aimed at backing DAI with real-world assets. MakerDAO is a Defi lending protocol and the company behind the DAI (CRYPTO: DAI) stablecoin.

MakerDAO has purchased a second batch of U.S. Treasury Bonds worth a whopping $700 million. The purchase of part of the DeFi lending protocol's attempts to diversify the assets backing its DAI stablecoin.

MakerDAO, the organization behind the DAI stablecoin, has purchased $700 million worth of U.S. Treasury bonds, bringing the DAO's total Treasury bond holdings to $1.2 billion. The MakerDAO community had already held the preliminary vote to increase its U.S. Treasury bond holdings from $500 million to $1.25 billion in March.

MakerDAO, the DeFi protocol whose team is responsible for the creation of the DAI stablecoin, recently announced the completion of its acquisition of an extra $700 million worth of US Treasurys.