Maker (MKR) spiked 36.8% over the past month, from $913.12 to $1,249.32. The surge in Maker’s (MKR) price can be attributed to the transition of its Spark protocol to a more advanced tokenomic model, as outlined in the governance proposal called the “Smart Burn Engine Launch.”
Spark has surpassed its previous milestone, with daily fees exceeding $315,000. Meanwhile, Maker (MKR) has witnessed a notable accumulation in Coinbase wallets, primarily driven by a significant fee spike.
With Spark, users gain direct access to the platform’s interface, facilitating seamless interaction with Maker’s (MKR) liquidity. This integration forms a holistic DeFi solution within the Maker (MKR) ecosystem.
Moreover, Maker (MKR) has emphasized that Spark is just one of the many enhancements brought by the Endgame Era, offering a revolutionary solution that emerges from integrating the DeFi product and Maker’s (MKR) ecosystem.
Due to these developments, experts say Maker (MKR) can soar by 13.9% in the coming weeks, from $1249.32 to $1,423.11.
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