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.

Cryptocurrencies remained on edge last week as Bitcoin struggled to move above the key resistance at $100,000.

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

Have you been thinking about how to make the most of the cryptocurrency market in the long run? While short-term gains might look tempting, building wealth through cryptocurrencies is all about picking projects with solid foundations and potential to grow steadily over time.

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.

Last week, the MultiversX Foundation announced the launch of the Growth Games, with $1.5 million in grants for crypto developers building on top of the MultiversX (EGLD). From artificial intelligence (AI) to decentralized finance (DeFi) infrastructure and education, developers can apply for a promising 2025.

TL;DR Asset tokenization is revolutionizing the connection between blockchain and traditional finance. Chromia, MakerDAO, and Avalanche stand out for their innovation, addressing scalability, transparency, and efficiency in tokenization. These initiatives could redefine markets by 2025, making assets more accessible, secure, and efficient.

The MultiversX Foundation has recently announced Growth Games, a revolutionary program that aims to redefine the technological landscape. With an annual allocation of 1.5 million dollars, this initiative aims to stimulate innovation, collaboration, and growth in strategic sectors such as blockchain, artificial intelligence (AI), and education.

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.

Donald Trump's victory in the U.S. presidential election appears to be the primary driver behind DeFi protocols' notable outperformance.

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.

TL;DR ENS has partnered with Linea to develop Namechain, a Layer 2 network using Linea's zkEVM technology, as part of the broader ENSv2 upgrade. Namechain will shift primary .eth domain activities to Layer 2, enhancing transaction throughput and reducing costs while maintaining integration with Ethereum's Layer 1.

Ethereum Name Service (ENS) will use Linea's Type 2 zkEVM technology to launch its own Layer 2 network, dubbed "Namechain." The post ENS Taps Linea Tech Stack to Launch its Layer 2 Network ‘Namechain' appeared first on Cryptonews.

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

Ethereum Name Service will use Linea's technology to develop its own Layer 2 network called Namechain.

Ethereum ENS Labs has picked Consensys' Linea's technology to develop its upcoming Layer-2 network project

Most cryptocurrencies have retraced to support levels after an impressive rally in early December, creating potential buying opportunities for investors. Among dozens of promising projects, three prominent analysts are “keeping an eye” on MultiversX (EGLD) charts this week.

Together, they're bringing something new to gamers. The launch of the Niji Warrior ID Card in Ubisoft's Captain Laserhawk Universe is the result.

Ethereum Name Service and Ubisoft have inked a partnership to boost Captain Laserhawk: A Blood Dragon Remix universe.

Ubisoft has collaborated with Ethereum Name Service (ENS) to integrate blockchain-based identities into the Captain Laserhawk Universe. This collaboration provides players with personalized, blockchain-based identities within the game.

ENS (Ethereum Name Service) has rolled out a cool new feature called domain renting, and it's live on the Ethereum mainnet. This update opens the door to some exciting opportunities for domain owners and renters alike.

Ethereum Name Service (ENS) has emerged as an essential tool in the Ethereum ecosystem, simplifying the use of decentralized applications (dApps) by converting complex Ethereum addresses into easy-to-read, human-readable names. This service has attracted significant interest from both developers and investors, with the ENS token (ENS) playing a vital role in its growth.

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%.

MultiversX (EGLD), formerly known as Elrond, is rapidly solidifying its position as one of the most technologically advanced blockchain platforms.

Ethereum Name Service (ENS) has seen a dramatic surge in recent days, with the token gaining an impressive 110% over the past ten days. The rally has allowed ENS to break past significant resistance levels, including the local highs at $34.6, which was flipped to support last week.

The Awesome Oscillator was higher than it had been throughout 2024, showing extremely bullish momentum.

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

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Cardano (ADA) and MultiversX (EGLD) communities and investors are looking forward to a potential collaboration hinted at by their leadership. On November 30, IOHK CEO Charles Hoskinson and MultiversX Foundation CEO Beniamin Mincu agreed upon a goodwill meeting this week.

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

With Bitcoin crossing above $91,000, crypto investors' rising risk appetites tease a bull run in altcoins. Amid the increasing demand, many have hit a new 52-week high, with the reversal rally gaining momentum.

Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges.

A cryptocurrency whale has locked in an impressive $968K profit after the Ethereum Name Service (ENS) token surged by 55% in a single day. The whale, a long-term holder of $ENS, had been inactive for several months but seized the opportunity to capitalize on the recent pump, making a significant deposit of 50,000 $ENS tokens to Binance, valued at $1.66 million.

Ethereum Name Service (ENS) emerged as the top-performing cryptocurrency in the past 24 hours, climbing by an impressive 45%. This surge pushed ENS to price levels unseen since January 2022, while its market capitalization surpassed the $1 billion mark for the first time in nearly five months.

Ethereum Name Service has surged to hit a two-year-high. ENS hiked by 41.49% over the past 24 hours.

Story Highlights The ENS price soars ~45% and reclaims the $35 mark. Technical indicator EMA 50/200-day experience a Golden Cross in the daily time frame. Sustained bullish action could push the price toward the $40 mark this week. With a 314.

Coinbase CEO Brian Armstrong's endorsement of ENS as an essential component of the “Internet of Money”.

ENS, the native token of Ethereum Name Service, a decentralized naming system, has seen a sharp price increase, surging by 37% in the past 24 hours. This performance makes it the top gainer among the top 100 cryptocurrencies.