The $BERA token underlying the speedy new Berachain blockchain is surging harder than Solana today even amidst a wider market downturn that has seen crypto's $2.98 trillion market shed 1.4% in the last 24 hours. Bitcoin ($BTC) and Ethereum ($ETH) lead the downturn, with respective overnight losses of 1% and 1.5%.
Proof of liquidity is live as reward vaults are released for Berachain, causing BERA to break into the top 100 crypto tokens by market cap.
A proof-of-liquidity mechanism redistributes blockchain incentives, prioritizing liquidity over validator-centric models through a dual-token system. The post Berachain's ‘Proof of Liquidity' Goes Live Today, Governance Proceeds to Phase 1 appeared first on Cryptonews.
Berachain activated its long-anticipated Proof of Liquidity (PoL) system on March 24, a new incentive framework to redefine block rewards distribution. The network's native token, BERA, was up 16% over the past 24 hours and trading at $7.89 as of press time.
Berachain's token continued its strong rally on Monday, reaching its highest level since March 3 as its decentralized finance assets gained momentum. Berachain (BERA) price jumped to a high of $7.
TL;DR Innovative PoL Launch: Berachain introduces its Proof-of-Liquidity system, kickstarting Phase 1 of on-chain governance with decentralized BGT distribution. Dual Advantage: Unlike traditional PoS, users stake assets in DeFi liquidity pools to secure the network while keeping funds actively usable.
Berachain is rolling out the next phase of its proof-of-liquidity system, expanding governance and emissions beyond its native BEX pools. Up until now, only Berachain's (BERA) native exchange, BEX, was used to distribute rewards.
Berachain allows users to stake assets in DeFi liquidity pools to earn BGT tokens, a key aspect of its onchain governance.
Jupiter repurchases 16.86M JUP tokens worth $9.32M in buyback.
Jupiter (JUP) has recently registered some minor gains rising by 3.50% in the last day. However, earlier market losses mean the altcoin experienced a 1.38% decline in the past seven days.
Jupiter faces a possible decline as the flag pattern signals downward pressure toward $0.41.
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The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.
Berachain's unique Proof-of-Liquidity mechanism will officially go live on March 24, expanding reward distribution beyond BEX pools to other apps and vaults.
Berachain (BERA) is currently trading around $6.05, with a market cap sitting near $653 million, after pulling back from a recent high of $7.08 reached on March 17.
Made in USA cryptos to watch this week include XRP, Pi Network (PI), Story (IP), Jupiter (JUP), and Aerodrome Finance (AERO). XRP is leading in market cap, while PI is coming off one of the largest token launches in recent history.
Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.
The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.
BERA witnessed massive liquidity inflows but remains sluggish.
JUP price hovers near a critical level, signaling potential movement. Market participants should watch for confirmation signals.
Unichain and Berachain, which debuted last month, led blockchain growth over the past month, followed by Iota.
Uniswap L2 Unichain's DEX volume has been the third-highest in the industry in the past 30 days, according to Nansen data.
Here is how some of your favorite assets concluded the week.
Berachain (BERA) has suffered a steep decline over the past week, shedding 30% of its value as bearish sentiment plagues the general market.
Jupiter has created history with its mind blowing hold over the world. The financial system was revolutionized when Jupiter started climbing the ladder.
Infrared Finance, a decentralized finance (DeFi) infrastructure platform backed by Binance Labs, announced on Tuesday that it has successfully raised $14 million in a Series A funding round. The investment led by Framework Ventures saw participation from Citizen X, Halo Capital, No Limit Holdings, NGC Ventures, and Selini Capital.
Crypto prices have made solid gains today, March 5, 2025. The total crypto market cap is back above $3 trillion and Bitcoin reclaimed $90,000 briefly before retreating to around $89,000.
Berachain (BERA) is hovering near $6.68 after a sharp bounce, but will it break above $7 or face another drop?
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Here is how some of your favorite assets concluded the week.
Berachain price retraced 8% to $8 on March 1, after booking 35% gains in the last three days of February. The impressive rally came amid a broader market downturn, making BERA one of the best-performing assets of the week.
Bitcoin's (BTC) decline is showing no signs of slowing down, with the price down over 6% in the past 24 hours. The flagship currency briefly dipped under the $80,000 level as bears eye $73,000.
Jupiter raked in $10.88M in daily fees, outperforming Uniswap, PancakeSwap, and Hyperliquid, and trailing only Tether's $18.19M revenue.
Jupiter Exchange is using the fee generated by the protocol to buy back JUP tokens amidst sharp price declines.
Jupiter has officially begun its first JUP token buyback, with on-chain data confirming that 4.88 million JUP worth $3.33 million have already been repurchased. The Feb.
Layer-1 blockchain Berachain has seen its total value locked (TVL) rise to over $3.26 billion, making it the sixth-largest decentralized finance (DeFi) network.
Berachain, an EVM-identical Layer 1 blockchain, has achieved a major milestone just 20 days after its mainnet launch.
The crypto market has resumed its downtrend, shedding $40 billion in market capitalization over the past 24 hours.
After a superb performance pushing it above Arbitrum and Base, the bullish Berachain momentum seems to be cooling off, with its token, BERA, dropping to $6.90 after hitting $9.10 on February 21. Berachain blockchain has been riding high, with its total value locked (TVL) soaring past $3.
Layer-1 blockchain Berachain's total value locked has surged to $3.26 billion, surpassing Arbitrum and Base to become the sixth-largest DeFi network.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
Antoine Mingo, the original artist for Pudgy Penguins, has founded his own NFT collection on Berachain—this time with creative freedom.
How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.
The Solana-based DEX, Jupiter, marks a small intraday recovery while the monthly returns are down at 27%. Despite the intense bearish pressure, an analyst expects this recovery to scale to $1.
Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.
If you've been waiting for an easy way to get your paws on this popular token, the wait is over. Now, users can trade $DOG directly on Solana's leading DEX aggregator, giving them better prices, deep liquidity, and fast transactions.
The price of Jupiter Token (JUP) has recovered by 4% today after falling as low as $0.6743 in the past 24 hours, with the exchange token suffering a 12% seven-day drop amid fallout from the LIBRA controversy. The post Jupiter Token Plunges 12% as LIBRA Controversy Rocks the Solana Ecosystem appeared first on Cryptonews.
The launch of the LIBRA token has sparked controversy in the Solana ecosystem, seeing Meteora co-founder Ben Chow resign and Jupiter launch an investigation.