- On-chain data shows 92.86K active addresses, highlighting ongoing accumulation by investors.
- MKR’s price prediction for 2025 ranges from $500 to $10,000, driven by post-BTC halving hype.
- By 2035, MKR could trade between $40,000 and $80,000, reflecting DeFi’s long-term adoption growth.
Maker (MKR) Overview
| Cryptocurrency | Maker |
| Ticker | MKR |
| Current Price | $929.18 |
| Price Change (30D) | -42.74% |
| Price Change (1Y) | -52.59% |
| Market Cap | $818.18 Million |
| Circulating Supply | 880.52K |
| All-Time High | $6,339.02 |
| All-Time Low | $21.06 |
| Total Supply | 907.44K |
What is Maker (MKR)?
Maker (MKR) is the governance token of the Maker Protocol, a leading decentralized finance (DeFi) platform that enables users to mint Dai (DAI)—a stablecoin pegged to the U.S. dollar—by locking up crypto assets as collateral. Operating on Ethereum, the Maker Protocol functions through smart contracts known as Maker Vaults, allowing users to generate Dai while ensuring a fully decentralized financial system.
Unlike other cryptocurrencies, MKR holders wield significant influence over the protocol’s future. They can vote on critical decisions, such as which assets can be used as collateral, changes to the Dai Savings Rate, and risk management parameters like debt ceilings, stability fees, and liquidation ratios.
Founded in 2014 by Rune Christensen, the Maker ecosystem has evolved from a Single-Collateral Dai (Sai) system to a Multi-Collateral Dai (MCD) system, where multiple Ethereum-based assets can be deposited to generate Dai.
This shift has significantly expanded Maker’s reach, solidifying its role as a pioneering force in DeFi. As Maker continues to grow, its influence on the crypto market strengthens. But what does this mean for MKR’s price? Learn more in this CryptoTale’s price prediction article.
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Maker Price History
The price trajectory of Maker (MKR) highlights the cyclical nature of the cryptocurrency market, defined by phases of accumulation, explosive growth, and subsequent corrections. According to the monthly analysis, the token’s journey began with an extended accumulation phase that lasted several years, trading in a narrow range.
However, this consolidation created the foundation for the 2021 bull run, where MKR soared by over 3,000%, reaching its all-time high of $6,339.02. Yet, as with most cryptocurrencies, the euphoria was followed by a steep correction. MKR lost over 92% of its value, finding critical support within the $660–$506 range.
This range proved significant as it acted as a floor, preventing further declines and enabling a rebound to $4,070.02, a lower high that marked a key resistance level. The inability to break past this resistance triggered another retracement phase, pulling the token back toward the previously tested support zone of $660–$506.
MKR currently hovers above this support zone but faces increasing bearish sentiment, raising the possibility of revisiting the critical support levels. Nevertheless, a breach below this support could expose the token to a dramatic decline toward its all-time low around the $21 mark, a price last seen in 2017.
On the other hand, a shift in sentiment toward bullishness could flip the narrative, driving MKR toward the 38.2% Fibonacci retracement level at $2,447.83, which serves as immediate resistance. A successful breakout above this level could signal renewed bullish momentum, pushing MKR to the 50% retracement level at $3,196.41, with the $4,070 resistance zone as a crucial test of the token’s strength. In a highly bullish scenario, MKR could surpass this level and aim for new highs, reaffirming its role as a major player in the DeFi ecosystem.
On-Chain Metrics Signals MKR Accumulation
The recent on-chain activity surrounding the MKR token suggests renewed interest from bullish investors, possibly indicating ‘buying the dip,’ a signal of an imminent uptrend. The charts show that the total number of addresses with balance has steadily increased, reaching 92.86K addresses and maintaining this growth trajectory.
Over the past 30 days, the average number of active addresses has stood at 92.82K, with a 30-day low of 92.7 K. This trend signifies that long-term holders and new entrants are accumulating MKR, even during periods of market volatility. The consistent rise in address count reflects confidence in the Maker Protocol’s utility and potential for future growth.
The daily active addresses (DAA) have shown notable spikes in activity, particularly during recent price corrections. However, over the past 7 days, active addresses have increased by 71.91%, signaling heightened engagement among existing holders. This surge aligns with a 40.51% increase in new addresses, indicating fresh interest and the onboarding of new participants into the network.
Additionally, a sustained 156.44% rise in zero-balance addresses becoming active again reflects the reactivation of previously dormant wallets, a strong bullish indicator typically observed during accumulation phases. This data suggests that savvy investors capitalize on lower prices to position themselves for future gains.
Yearly Highs and Lows of Maker
| Year | Maker Price | |
| High | Low | |
| 2024 | $4,070.02 | $1,007.50 |
| 2023 | $1,758.45 | $495.46 |
| 2022 | $2,594.74 | $506.69 |
| 2021 | $6,339.02 | $571.35 |
| 2020 | $865.00 | $189.69 |
| 2019 | $802.47 | $350.46 |
| 2018 | $1,763.64 | $292.53 |
| 2017 | $1,741.58 | $21.06 |
Maker Technical Analysis
The MACD for Maker (MKR) shows bearish momentum, with the MACD line at -27.76 below the signal line at 128.06 and the histogram bars increasing in size in the negative territory. This indicates that sellers remain in control, reinforcing the token’s recent downtrend. The declining MACD histogram highlights weakening bullish momentum, suggesting further downward pressure unless a reversal occurs.
On the other hand, the Relative Strength Index is at 42.76, indicating that MKR is nearing oversold territory. Historically, RSI levels below 40 often correlate with accumulation phases and precede upward price movements. While still above the critical 30-level that denotes extreme oversold conditions, the RSI reflects reduced buying pressure but also hints at the possibility of a rebound if sentiment shifts.
Such a scenario could trigger renewed interest from buyers, driving a recovery toward the 38.2% Fibonacci retracement level at $2,445.75. However, failure to hold the support zone could result in further declines, aligning with bearish MACD signals.
Maker (MKR) Price Forecast Based on Fair Value Gap
The chart reveals two critical Fair Value Gaps (FVGs) that could influence Maker (MKR)’s price trajectory. The first FVG is between $1,463 and $1,1580, while the second lies between $221 and $24 near the all-time low. These gaps highlight imbalances in price action where liquidity is likely concentrated, making them key areas for potential retracements or price reactions.
MKR is currently trading at $954.45, just below the upper FVG zone. Historically, price tends revisit these zones to fill liquidity gaps before establishing a stronger directional move. If bullish sentiment builds, MKR could target the first FVG zone, aiming to fill the gap and test the 23.6% Fibonacci level, which aligns with the upper boundary of this zone.
A successful reclaim of this level could propel the price toward the 38.2% Fibonacci level at $2,445.75. However, if bearish momentum persists and MKR breaks below its critical support zone between $660 and $506, it could begin descending toward the lower FVG. Near the all-time low, this zone represents a last-resort area of liquidity that could act as a major support.
Maker (MKR) Price Forecast Based on MA Ribbon Analysis
The Moving Average Ribbon on the chart indicates a bearish sentiment for MKR as the token trades significantly below its key moving averages. The 20-week MA currently stands at $1,862.27, while the 50-week MA is positioned lower at $1,779.66, reflecting a gradual decline in mid-term price momentum.
MKR’s current price of $954.47 is trading well below these critical moving averages, confirming a bearish trend and underscoring the challenges for immediate recovery. The gap between the 20-week and 50-week MAs highlights sustained downward momentum, with the price failing to find support near these levels.
For MKR, reclaiming the 20-week MA has been an early signal of trend reversal, while crossing above the 50-week MA typically confirms a stronger bullish recovery. However, as the price remains significantly below both, bearish sentiment continues to dominate, and further declines toward the $660–$506 support zone are possible.
Maker (MKR) Price Forecast Based on Fib Analysis
Currently, the MKR token is trading below the 23.6% Fibonacci level at $1,519.05, which serves as its first major resistance. Historically, failing to reclaim this level often signals prolonged bearish momentum. If MKR begins to recover, the 38.2% Fibonacci level at $2,445.75 is the next significant resistance, aligning with prior consolidation zones.
Breaking above this level could indicate a more potent bullish shift, potentially targeting the 50% retracement at $3,194.73. Beyond this, the 61.8% level at $3,943.71 serves as a critical resistance zone, as it has historically marked the turning point in strong retracements. If bullish momentum continues, the 78.6% level at $5,010.05 would act as a higher resistance, representing a near-complete recovery from the recent downturn.
A full recovery to the 100% retracement level at its all-time high would confirm a complete reversal and the return of strong bullish sentiment. Conversely, if bearish sentiment persists, MKR could revisit its $660–$506 support zone. Failure to hold this support could lead to a retest of its all-time low near $21.10.
Maker (MKR) Price Prediction 2025
Per CryptoTale’s projections, MKR could surge to $500–$10,000 as post-BTC halving hype drives the crypto market to new all-time highs. Enhanced DeFi adoption and Maker’s community governance strength could push prices beyond their previous ATH.
Maker (MKR) Price Prediction 2026
Following the euphoria of 2025, MKR may enter a correction phase, falling to $1,500–$5,000. Overvaluation, profit-taking, and bearish sentiment post-peak phase could drive significant price declines despite steady Maker Protocol utility and Dai’s ongoing adoption.
Maker (MKR) Price Prediction 2027
Our forecast shows MKR might experience a prolonged bear market, dropping to $800–$3,500. This phase represents the trough of the crypto cycle, with the token trading near key support zones before recovery begins.
Maker (MKR) Price Prediction 2028
CryptoTale predicts MKR will rebound, reaching $5,500–$15,000, fueled by renewed market optimism, as BTC’s upcoming halving sparks positive sentiment. Increasing DeFi activity and accumulation by long-term holders could drive a gradual recovery toward pre-correction levels.
Maker (MKR) Price Prediction 2029
MKR could rally to $10,500–$25,000 during the next market expansion phase following BTC’s halving. Improved liquidity, new Maker Protocol developments, and broader DeFi ecosystem growth might enable MKR to retest new territories.
Maker (MKR) Price Prediction 2030
After the bullish momentum of 2029, MKR might retrace to $7,000–$20,000 as profit-taking and overvaluation weigh on the market. Despite corrections, Maker’s consistent utility and community support could prevent deeper declines.
Maker (MKR) Price Prediction 2031
MKR may drop to $4,500–$15,500 during a prolonged bear market, reflecting the market’s cyclical nature. However, continued Maker Protocol and DeFi market maturity development may stabilize MKR’s decline and set up a recovery phase.
Maker (MKR) Price Prediction 2032
CryptoTale’s projections suggest MKR could recover to $14,000–$30,000 as market optimism rises ahead of the sixth BTC halving. Enhanced on-chain activity and growing interest in decentralized governance might drive renewed investor confidence in Maker.
Maker (MKR) Price Prediction 2033
MKR might experience substantial growth, rising to $20,000–$40,000 as the next crypto market expansion cycle takes off. Increased DeFi adoption, Dai’s growing utility, and Maker Protocol innovations could push the token toward fresh highs.
Maker (MKR) Price Prediction 2034
Per projections, MKR may hit $27,000–55,000, supported by institutional interest in DeFi, robust governance participation, and Dai’s role as a leading stablecoin. The post-halving bull run could push the token to challenge or explore new highs.
Maker (MKR) Price Prediction 2035
By 2035, MKR may trade between $40,000 and $80,000, benefiting from long-term DeFi adoption, new Maker upgrades, and a mature crypto market ecosystem. Sustained bullish sentiment and a stronger governance model could solidify MKR’s role as a leading token.
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FAQs
What is MKR?
MKR is the governance token of the Maker Protocol, a DeFi platform enabling users to mint Dai (a USD-pegged stablecoin) by locking up crypto assets as collateral. It empowers holders to make decisions about the protocol’s future.
How can I purchase MKR?
By trading fiat or other cryptocurrencies, you can purchase MKR on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. Ensure the exchange supports your region and verify your account before trading.
Is investing in MKR a wise decision?
Investing in MKR depends on your risk tolerance and market outlook. MKR’s value is tied to Maker Protocol’s success, DeFi growth, and market trends. Conduct thorough research and assess its potential in your portfolio.
What’s the best way to securely store MKR?
The safest way to store MKR is in a hardware wallet like Ledger or Trezor. Alternatively, use a reputable software wallet with private key control, such as MetaMask or Trust Wallet.
Who is the founder of MKR?
Rune Christensen founded MKR in 2014. He established MakerDAO, which evolved into the Maker Protocol, one of the pioneering projects in decentralized finance (DeFi).
Which year was MKR launched?
MKR token was officially launched on the Ethereum blockchain in 2017 alongside the Dai stablecoin.
What is MKR’s circulating supply?
The circulating supply of MKR is approximately 880.55K, with a total supply of 907.47K tokens. This controlled supply contributes to its value.
Will MKR surpass its all-time high?
If market conditions align with strong DeFi adoption, bullish sentiment, and Maker Protocol innovation, MKR could surpass its all-time high of $6,339.02 during future crypto cycles.
What is MKR’s lowest price?
MKR’s lowest recorded price is $21.06, achieved in its early days.
What will the price of MKR be in 2025?
According to CryptoTale’s projection, MKR could range between $500 and $10,000, driven by the hype surrounding the post-BTC halving and DeFi expansion.
What will the price of MKR be in 2028?
By 2028, MKR could range from $5,500–$15,000, fueled by renewed optimism from BTC’s halving and broader DeFi market recovery.
What will the price of MKR be in 2030?
In 2030, MKR could range between $7,000 and $20,000, supported by robust DeFi adoption, Maker Protocol innovations, and institutional interest.
What will the price of MKR be in 2032?
MKR is projected to trade between $14,000 and $30,000, driven by optimism about BTC’s halving and increasing DeFi adoption.
What will the price of MKR be in 2035?
By 2035, MKR’s price could range from $40,000 to $80,000, reflecting long-term DeFi adoption, sustained market maturity, and Maker Protocol developments.
