Berachain's BERA token has surged 37% in seven days following its Proof of Liquidity system launch, with technical patterns suggesting a potential rise to new all-time highs around $12.37.
Berachain (BERA), the innovative EVM-compatible Layer 1 blockchain, has officially launched its mainnet, drawing massive attention from the crypto world. Within its first 30 days, the Berachain network amassed $3.2 billion in total value locked (TVL), onboarding over 230 decentralized apps (dApps) across DeFi, GameFi, RWA, and more.
Berachain has gained over 35% in the past week, regaining strength after a consolidation phase. Trading at $7.89 as of press time, Berachain (BERA) is nearing a crucial resistance level of $8.34.
After a period of selling, market participants are starting to buy again.
The Berachain Network has ignited a wave of excitement with the launch of its Proof of Liquidity (PoL) system, propelling the BeraChain price to an intraday high of $8.25. Trading at $8.04 at press time, BeraChain crypto has witnessed an impressive 38.
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.
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.
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.
BERA witnessed massive liquidity inflows but remains sluggish.
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.
Berachain (BERA) has suffered a steep decline over the past week, shedding 30% of its value as bearish sentiment plagues the general market.
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?
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.
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.
Antoine Mingo, the original artist for Pudgy Penguins, has founded his own NFT collection on Berachain—this time with creative freedom.
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.
Cryptocurrency prices had another boring week, as Bitcoin remained in a consolidation phase, while the fear and greed index moved to the fear zone of 35. Most coins attempted to bounce back after crashing hard last week.
The crypto market has added $77 billion in value over the past day. This signals a potential shift toward bullish momentum as investors increase their trading activity.
Newly launched altcoins often receive a lot of hype, resulting in their initial price jumps. However, historical data reveals that most of these face a sell-off right after that, continuing for weeks or even months.
Trading activity across the crypto market has once again slowed over the past 24 hours. This has contributed to a significant decline in the total market capitalization, which has dropped by over $50 billion.
The dynamic realm of cryptocurrencies is preparing for yet another alarming event that could bring considerable downside pressure to BERA, SEI, AVAX, APT, SAND, STRK, ATH, and XCN tokens. Notably, recent market data flags that the abovementioned assets are preparing for massive token unlocks totaling a staggering $325 million.
Crypto prices crashed on Wednesday morning as traders waited for the upcoming US inflation data. Bitcoin crashed below the key support at $95,000, while the market cap of all crypto coins fell to $3.15 trillion. This report provides the forecasts for top cryptocurrencies like BNB, Hedera Hashgraph (HBAR), and Jupiter (JUP).
The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.
The crypto market has experienced a decline in activity over the past 24 hours, with trading volumes and investor interest showing signs of a slowdown.
Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility.
Last Monday, the cryptocurrency market saw its biggest crash ever, wiping out over $2 billion worth of investments. Following this, many altcoins fell sharply from their recent highs, leading major investors to buy them up, which could trigger a strong recovery rally.
The cryptocurrency market has been in a downturn this week, with many digital assets facing continued price declines. Today is no different, with the global crypto market cap down by 2% over the past 24 hours.
The price of Berachain (BERA) has risen by as much as 71% overnight, with the new proof-of-liquidity network aiming to become a rival to Solana and Ethereum. The post Berachain's BERA Airdrop Surges 71% – Can it Overtake Solana? appeared first on Cryptonews.
It seems we've entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale's Solana ($SOL) ETF, which it had rejected last year after calling the asset a security.
Berachain, a layer-1 blockchain known for its EVM-identical compatibility and innovative proof-of-liquidity (PoL) consensus model, is making strides in the blockchain space.