SKY Price Prediction 2025-2031: Will SKY reach $1?

Key takeaways

• By the end of 2025, SKY (formerly MKR) is projected to trade between $0.07 and $0.08.
• SKY (SKY) price prediction for 2028 suggests the token could reach a maximum value of $0.20.
• In 2031, the token is expected to range between $0.27 and $0.37, with an average value of $0.31.

Maker (MKR) is one of the most extensive decentralized applications (dApps) on the Ethereum blockchain. Maker technology was designed by a disparate group of developers and is governed by MakerDAO.

On August 27, 2024, MakerDAO rebranded to Sky as part of its Endgame Plan to simplify its brand, increase accessibility, and foster decentralized growth.

The rebranding includes the transition of governance token MKR to SKY, Maker SubDAOs to “Sky Stars, and the stablecoin DAI to USDS. Users could perform a token swap from DAI to USDS at a 1:1 ratio and from MKR to SKY at a rate of 1 MKR to 24,000 SKY up until September 18, 2025.

After the rebranding, SKY reached an all-time high of $0.1014 in December 2024. The coin’s recent performance has dipped by over 35% from its ATH, leaving investors asking: What does the future hold for SKY? How high will SKY go in 2026?

Let’s get into the SKY price analysis and prediction for 2025 to 2031.

Overview

SKY price prediction: Technical analysis

Sky price analysis:

Key Takeaways 

• SKY is currently trading in a low-volume range between $0.055 and $0.062, with a neutral bias.
• The daily structure shows volatility compression, but momentum remains bearish.
• The 4-hour indicators reveal short-term stabilization.

Sky (SKY) 1-day price analysis

As of October 22, SKY is trading around $0.058, marginally down by 0.14%, extending its pattern of low volatility and compressed candles that have persisted for several sessions. SKY appears closer to the lower Bollinger band at $0.05451, confirming the ongoing distribution.

The MACD remains in negative territory, maintaining a weak bearish bias, while the histogram bars flatten out, indicating a clear signal that momentum has stalled. Meanwhile, the OBV at -140.35M indicates consistent outflows, reflecting subdued buying interest and lack of participation from larger holders.

If SKY manages a daily close above $0.063, it could trigger a short-term upside retracement toward $0.068–$0.071, but failure to reclaim the mid-band ($0.063) may lead to further drift toward $0.0545, and eventually $0.052 if selling volume intensifies.

SKY 4-hour chart analysis

On the 4-hour chart, SKY trades at $0.0588, showing a fractional 0.43% uptick. The Alligator indicator lines remain tightly coiled between $0.0590 – $0.0593, confirming price compression and a neutral to slightly bearish tone. This flattening of moving averages indicates the market’s equilibrium, meaning neither bears nor bulls are dominant, but the trend remains fragile.

The RSI reads 46.85, resting below the 50-neutral mark, highlighting a lack of bullish conviction. Meanwhile, the PVT (Price Volume Trend) at 2.95M shows minimal accumulation and no substantial increase in buying volume. Although the short-term selling pressure has weakened, the lack of follow-through volume suggests the price will continue to drift sideways within a narrow band.

If buyers manage to push and sustain above $0.0595, a small bounce toward $0.061–$0.062 could occur. However, rejection near the Alligator lines could force another dip to $0.056–$0.057 before any attempt at reversal.

SKY technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA) 

What to expect from Sky (SKY)

SKY is consolidating quietly near $0.058 in a classic low-volatility squeeze. The pair shows early signs of base-building but lacks conviction for a breakout to the upside. Holders can expect continued sideways movement between $0.055–$0.062 in the near term, with a likely retest of $0.054 before any decisive breakout attempt.

A daily close above $0.063 would shift short-term sentiment bullish; otherwise, SKY remains range-bound and directionless.

Is SKY a good crypto investment?

Sky (SKY) may prove to be a solid long-term investment for those who believe in decentralized finance (DeFi) and stablecoins, as it underpins the USDS stablecoin ecosystem. Its governance model, revenue generation through fee burns, and strong track record make it a compelling choice. However, regulatory risks, market volatility, and competition from other DeFi projects remain concerns. While SKY has potential for growth, its performance depends on Sky’s ability to innovate and maintain USDS’s dominance in the stablecoin market. Investors should consider both its strengths and risks before making an investment.

Will SKY reach $1?

Reaching $1 would require nearly a 10x increase beyond the coin’s all-time high. While such growth isn’t impossible, especially if the project gains adoption, sees strong developer activity, or benefits from favorable market cycles, it would likely depend on broader market recovery and sustained investor interest.

Does SKY (formerly MKR) have a good long-term future?

Yes, it has solid DeFi roots and utility, but long-term success depends on adoption and market conditions.

Recent news/opinion on SKY

• SKY’s total supply crosses 9 billion, the highest level obtained since April 2022.

SKY price prediction November 2025

SKY’s price prediction for November 2025 suggests a potential low of $0.05, an average of $0.062 and a high of $0.076. 

Sky price prediction 2025

The price of SKY is predicted to reach a maximum value of $0.08 in 2025. Traders can anticipate a minimum price of $0.03 and an average trading price of $0.06.

Sky price predictions 2026–2031

 SKY price prediction 2026

The SKY price prediction for 2026 is a maximum of $0.11. The minimum price the coin will reach by the end of 2026 will be $0.065, while its average trading price is expected to be $0.08.

SKY price prediction 2027

The SKY token price prediction for 2027 is a maximum price of $0.16 with a minimum price of $0.11. We also expect the coin’s average trading price to be $0.14.

SKY Price Prediction 2028

The SKY price prediction for 2028 is a maximum price of $0.20. The minimum price of the coin by 2028 will be $0.15; the average trading price is forecasted to be $0.18.

SKY price prediction 2029

The SKY price prediction for 2029 is a maximum price of $0.26 with an average trading price of $0.22. The coin will have the lowest price at $0.17.

SKY price prediction 2030

The SKY cryptocurrency prediction for 2030 is a maximum price of $0.31. The coin’s lowest price is $0.22, with an average trading price of $0.25.

SKY price prediction 2031

The SKY price prediction for 2031 is a maximum trading price of $0.37, with an average forecast price of $0.31. The minimum price of the coin will be $0.27.

Sky market price prediction: Analysts’ SKY price forecast

Cryptopolitan’s SKY price prediction

Cryptopolitan’s overall price prediction for SKY suggests a conservative outlook for the cryptocurrency in the near term. For the end of 2025, the forecasted range is between $0.06 and $0.07. Over the next few years, Sky is projected to experience substantial appreciation, with prices anticipated to rise from a minimum of $0.32 to a maximum of $0.45 by 2031. 

SKY historic price sentiment

• Sky (formerly MakerDAO) was established in 2015 and rebranded to its current name and ticker in August 2024.
• Following the rebranding, SKY surged to $0.1 in December 2024 but lost ground in the first few weeks of 2025. By February 3rd, the coin had dipped to $0.0358.
• The bulls re-entered mid-February, and SKY held a steady uptrend until July 28, almost recapturing $0.01. Momentum faded afterward, such that the coin closed September at $0.06.
• In October, Sky (SKY) is trading around $0.57 to $0.61.