The MKR cryptocurrency has seen 185% year-to-date growth thanks to the successful implementation of incentives aimed at increasing the supply of the Dai stablecoin. The growth in activity of the MakerDAO network and the transition to a hybrid stablecoin support mechanism after the crisis in May 2022 became the main catalysts for the growth in the value of MKR. The currency has outperformed Bitcoin and Ether year-to-date, reaching $1,500 on October 1st.