Berachain Outpaces Base and Arbitrum in TVL, Achieving an Impressive $3.2 Billion
*** Berachain's Soaring Success *****
🎉 Boom! Berachain's TVL skyrockets to a whopping $3.24 billion, propelling it to the sixth spot in the crypto arena, vaulting over Base ($3.21 billion) and Arbitrum ($2.91 billion).
⏳ Over the last week, Berachain has witnessed a 20% surge, while its peers have mainly encountered a downward spiral.
🌐 Berachain currently empowers 33 protocols, with the leading platform, Infrared Finance's LST, raking in $1.51 billion, followed closely by the DEX Kodiak at $1.11 billion and the yield aggregator, Concrete, at $803 million.
📊 The native cryptocurrency of Berachain, BERA, is trading at a handsome $6.94, securing the 115th spot on the market cap charts, boasting a mighty $748.6 million in value. Its fully diluted valuation (FDV) stands tall at $3.48 billion.
🛠️ Berachain is a versatile, EVM-compatible Layer 1 blockchain that operates on the Proof-of-Liquidity consensus mechanism, a Delegated Proof-of-Stake variant. The network relies on three key assets: BERA for gas fees, BGT for governance, and HONEY as a stablecoin.
💰 In April 2023, Berachain developers secured a substantial $42 million, followed by another $100 million the next year.
🗓️ Notably, the mainnet launch and BERA airdrop went down on February 6.
💡 Fun Fact: Berachain's recent developments and dynamic market trends reflect its commitment to constantly push the boundaries of blockchain technology.
Recent Developments
- Bectra Upgrade (June 2025): Similar to Ethereum's Pectra, the Bectra upgrade has made Berachain the first non-Ethereum Layer-1 blockchain to fully integrate Ethereum’s execution-layer features. Although it didn't adopt Ethereum's consensus-layer changes, it still maintains compatibility with the Ethereum Virtual Machine (EVM), facilitating seamless migration for over 200 existing applications.
- Improved Wallet & Smart Account Features: Bectra's upgrade has enabled users to leverage smart accounts, simplifying transactions and enhancing security. With this feature, users can handle batch transactions, set spending limits, pay gas with Berachain's native stablecoin, HONEY, and make recurring payments without resorting to custom contracts or third-party solutions.
New Features
- Streamlined User Experience: The integration of advanced wallet features via smart accounts lets users manage transactions with improved ease and efficiency.
- Boost in Developer Accessibility: With full EVM compatibility, developers can deploy and migrate dApps without refactoring code, fostering rapid growth within the Berachain ecosystem.
- Stablecoin Integration: The ability to pay gas fees with HONEY proves beneficial for users, potentially driving increased adoption of Berachain's native stablecoin.
Growth Trends and Market Outlook
- Adoption & Partnerships: Berachain's robust technological foundation and strategic collaborations with fintech companies fuel anticipation for widespread adoption of its platform.
- Token Utility & Supply: BERA serves not only for transactions but also as the backbone of dApp support. With a circulating supply of nearly 108 million out of a maximum of 500.5 million, there's ample potential for future token issuance and market expansion.
- Price Volatility: Although a May 2025 crash caused BERA's price to plummet by 70% and its market cap to crater, many analysts remain optimistic that it could bounce back to price targets of $60–$100 in 2025, as long as adoption and partnerships continue to flourish.
- Network Resilience & Scalability: The recent upgrades are expected to enhance Berachain's scalability, security, and resilience, making it an attractive option for developers and traders alike.
- Leveraging the Bectra Upgrade and the improved wallet features, Berachain's commitment to technology is demonstrated in integrating Ethereum's execution-layer features, fostering a smooth migration for over 200 existing applications, and simplifying transactions with smart accounts for users.
- Anticipating growth in the finance and investment sectors, the adoption and partnerships with fintech companies will further increase the utility of Berachain's token, BERA, as it serves as both a transactional tool and the backbone of dApp support, while its strategic investments and upgrades aim to maintain the network's resilience, scalability, and attractiveness for developers and traders alike.