Maker (MKR) Soars 15.32% in 24 Hours Amid Volatile Market Conditions

On AUG 31 2025, MKR rose by 15.32% within 24 hours to reach $1565.3, MKR dropped by 178.35% within 7 days, dropped by 2059.2% within 1 month, and rose by 519.44% within 1 year.

The 24-hour surge indicates a strong short-term buying momentum, contrasting with the broader negative trends observed in the 7-day and 30-day timeframes. The price movement is part of a highly volatile pattern that has defined MKR’s performance over the past year. While the one-year gain of over 500% suggests a long-term bullish sentiment among investors, the recent volatility highlights the unpredictable nature of the token’s market behavior.

The recent price jump coincided with elevated trading activity, driven by renewed interest in decentralized finance (DeFi) protocols and broader macroeconomic expectations. Despite the sharp correction in the short and medium term, the underlying fundamentals of the MakerDAO platform remain largely unchanged. Analysts project that sustained adoption of the stablecoin collateral system and improvements in governance structures could provide a foundation for future price stabilization.

Technical indicators show a mixed picture. The RSI has shown signs of divergence, suggesting potential overbought conditions, while the MACD line recently crossed above the signal line, indicating a bullish crossover. However, given the magnitude of recent declines, these indicators may be less predictive in the near term. Traders and investors are advised to remain cautious and assess the broader market context before making decisions.

A proposed backtesting