Berachain's BERA Token Continues to Buck Market Trends with a Strong 37% Price Surge

Berachain's BERA token continues to buck market trends with a strong 37% price surge over the past seven days.

Layer-1 blockchain project Berachain (BEAR) has continued to buck market trends with a strong 37% price surge over the past seven days.

At press time, BERA is trading at approximately $8.04, pushing its market capitalization to $864 million and securing a spot in the top 100 cryptocurrencies.

This price action comes just 20 days after Berachain launched its mainnet in February. During this short period, the project has already achieved several milestones in its ecosystem development.

BERA’s 24-hour trading volume is over $207 million, placing it second on the weekly top gainers list. This increased trading activity is due to several key developments in the ecosystem.

Proof of Liquidity System

The most recent catalyst for BERA’s price move is the launch of its Proof of Liquidity (PoL) system. This innovative approach differs from traditional Proof of Stake mechanisms.

In Berachain’s PoL system, users are encouraged to stake in DeFi liquidity pools to earn BGT, the network’s governance token. Validators, who secure the network, stake BERA tokens to propose blocks.

The PoL launch has introduced 37 whitelisted reward vaults. These vaults initially focus on decentralized exchange liquidity pools such as BEX, Kodiak, and Beradrome.

Each vault has been vetted for economic value, security, and alignment with the Berachain ecosystem. The system pairs major tokens to maximize liquidity depth.

Technical Analysis

Technical analysis of BERA’s price chart reveals several bullish indicators. The Relative Strength Index (RSI) remains above the overbought range on the daily timeframe.

The 14-day Exponential Moving Average (EMA) has been providing consistent support for BERA’s price, suggesting a positive outlook for the token in the near term.

Chart analysts have also observed that BERA’s 50-day and 200-day EMAs are approaching a Golden Cross, a technical pattern that often signals sustained bullish momentum.

On shorter timeframes, BERA recently broke out from an ascending parallel channel that had contained upward movement since March 11. This breakout suggests that the price increase is not merely corrective but potentially the start of a new rally.

If market conditions favor bulls, BERA could target its immediate resistance level at $9.35. Maintaining the price above this threshold could pave the way toward a higher target of $12.37, which would represent a new all-time high.

Alternatively, bearish reversal could pull BERA toward support at $7.15. More intense selling pressure might push the price down to $5.

The Berachain mainnet first launched in February with a $1.17 billion airdrop to early participants. That initial phase was limited to BEX, the native decentralized exchange.

Governance is a key component of the PoL system. BGT holders now have influence over the network’s direction, which helps decentralize control and lets the community guide incentive flows.

Looking ahead, Berachain plans to expand beyond DEXes into real-world assets and gaming. A second batch of vaults is scheduled for review by March 27, which will continue to develop the ecosystem.