In a stunning introduction to the blockchain world, Berachain has attracted the attention of DeFi aficionados, gaining a total value locked (TVL) of $1.817 billion on its first day of operating. This swift rise has not only established Berachain as a meaningful DeFi player but has also vaulted it into the top 10 blockchains by TVL, along with over $50 million in DEX volume. Despite being a new player, Berachain is thriving in the crowded blockchain landscape. The platform has quickly established itself as a go-to location for decentralized finance (DeFi) applications. Indeed, in the few months since it launched,
The post Berachain Makes a Strong Debut, Surpassing $1.8 Billion TVL and Garnering Strong Interest from DeFi Protocols appeared first on The Merkle News.
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Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.
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This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions about Berachain, including what it is, why you should care, and what you should be paying attention […]
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Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.
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It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.
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