Record Revenues and Fees on MakerDAO Network: Implications for MKR

MakerDAO Revenues, Fees Hit Fresh Records – Good News for MKR?

In a recent development, MakerDAO’s monthly fees and revenues have reached record highs. This significant growth could potentially be good news for the altcoin, MKR.

According to DeFiLlama, monthly fees on the network have surpassed $40 million, while monthly revenues have exceeded $26 million. These figures suggest that the usage of the MakerDAO network has seen a substantial increase in December.

While this recent growth may not necessarily translate to an immediate price surge for MKR, it does provide a positive outlook for the cryptocurrency’s future performance.

Source: ambcrypto.com