Berachain Overtakes Arbitrum and Base with $3.2B TVL Surge
Berachain Tops Base & Arbitrum—Can It Compete With Ethereum & Solana? Berachain Hits $3.2B in TVL, Beating Base and Arbitrum — Can It Take on Ethereum and Solana?Berachain Jumps to Sixth Place in DeFi WorldBig news in crypto! Berachain has locked in over $3.247 billion, passing popular networks like Arbitrum and Base. This makes it the sixth-largest network in decentralized finance (DeFi), according to DefiLlama. As of February 24, Berachain’s $BERA token is priced at $6.69, with a market value of $721 million and a fully diluted valuation (FDV) of $3.351 billion.In simple terms, TVL (Total Value Locked) shows how much money is safely stored in a blockchain’s smart contracts. The bigger the TVL, the more people trust the network. Berachain’s growing TVL means more users, more activity, and more buzz!Berachain Stacking Up Against the CompetitionWith its TVL surging past $3.26 billion, Berachain has overtaken some big names in the DeFi world. It now holds 2.98% of the entire DeFi market, ranking as the sixth-largest network. Arbitrum, which has a TVL of $2.9 billion, and Base, with $3.24 billion, now trail behind Berachain.Infrared Finance, a liquid staking platform, leads with $1.52 billion locked in. Next is Kodiak, a decentralized exchange (DEX), with $1.12 billion, followed by Concrete, a yield farming protocol, holding nearly $800 million. Still, the giants remains Ethereum and Solana.Can Berachain Go Head-to-Head With Ethereum and Solana?Ethereum and Solana are still the giants. Ethereum leads with a whopping $58.258 billion locked in, owning 53.4% of the DeFi market. Solana holds second place with $8.041 billion.But Berachain has a secret weapon — its proof-of-liquidity system. Vance Spencer, co-founder of Framework Ventures, thinks Berachain could be a big Ethereum rival. “When you stake $BERA, the money stays in the system, making everything stronger,” he said.The Berachain Airdrop That Got Everyone TalkingOne reason for Berachain’s recent buzz? Its huge airdrop. On February 6, the Bera Foundation handed out 80 million $BERA tokens to lucky users — worth a jaw-dropping $632 million. This berachain airdrop is one of the biggest in crypto history and got tons of people excited. This massive bera airdrop not only boosted community engagement but also strengthened the network’s liquidity.The timing of the Berachain airdrop listing date couldn’t have been better, aligning perfectly with the surge in TVL. Furthermore, $BERA has been listed on major exchanges like Binance and MEXC, increasing its accessibility and market traction.What’s Next? Berachain Price Prediction and Future GrowthSo, what’s in store for Berachain? If the current growth keeps up, $BERA could see big price jumps. Experts predict it could trade between $8.34 and $39.55 in 2025, with an average price of $22.21. That’s pretty exciting for investors!Berachain’s rise shows it’s not just another blockchain. With strong community support, huge moves like its bera airdrop, and growing interest, it could seriously shake things up in the DeFi world.