Bera token

Best Crypto to Buy Now? Berachain Price Prediction – $BERA Pumps 16%

Last Updated: February 20, 2025By

The tentative recovery in the broader crypto market has triggered a massive uptrend in the price of low-cap altcoins like Berachain. 

After experiencing repeated downward movement over the past 30 days, dropping nearly 27% of its value, BERA has now shown promising signs of recovery.

The Layer-1 crypto is up 16% from yesterday’s low, hitting $6.65 and pushing its market cap past $715 million. While it still trades 55% below its February 6 ATH of $14.99, CoinmarketCap shows that the community sentiment around the token remains extremely bullish. 

Will BERA surpass the $10 mark in the coming days or even retest its current all-time high before the end of the month?

What is Berachain?

Berachain markets itself as an EVM-identical Layer-1 chain that aligns security and liquidity through proof-of-liquidity consensus mechanism. Founded by pseudonymous devs, Berachain’s key selling point is its compatibility with the Ethereum blockchain. 

This means developers can port their Ethereum-based decentralized applications to the chain without having to modify them. Besides, any form of modification or upgrade executed on the Ethereum network would also be replicated on Berachain.

Its Proof of Liquidity consensus mechanism—which is considered an upgraded version of Ethereum’s Proof of Stake consensus mechanism—preserves liquidity by diverting a substantial portion of revenues and profits back to network participants.  

Berachain network

After raising upwards of $100 million through a series B funding round last year, Berachain eventually landed on mainnet on February 6, 2025, with nearly 80 million BERA tokens airdropped to eligible participants, especially projects and communities that have been building on the network during its experimentation stages.

Being the core currency of the ecosystem, BERA serves as the medium through which users pay for transaction fees within the network. More so, it serves as a staking coin to enhance the security of the ecosystem. 

BERA Price History

Following the Berachain mainnet launch, BERA took off and was immediately listed on tier-1 CEXs, including Binance, Coinbase, and Bybit. 

These listing events, coupled with other notable factors like strong community backing and considerable developer activity within the blockchain, triggered the early price surge seen with BERA, propelling its price to a peak of $15 within a few hours. Its market cap—at that time—also rocketed past the $1 billion threshold.

However, this price pump was followed by a significant pullback, caused by profit-taking from whales and the extreme volatility in the broader market. At the time of writing, the Layer-1 crypto is trading at $6.65.

Why Is The BERA Price Bouncing?

Besides the slight recovery in the broader market, there are several other factors fueling the upward trend in the BERA price. One of them is the recent action of a whale who bought 255,257 BERA tokens at an average price of $6, according to Onchain Lens.

Another reason is the massive growth in Berachain’s TVL. At press time, the Layer-1 chain has flipped Arbitrum to become the 7th largest blockchain by TVL. 

The ecosystem has also seen over  $67M average daily volume for the past 3 days ($203M this week), igniting the bullish grip. 

Can The Bulls Sustain The Bullish Momentum? 

The BERA/USD 45-minute chart exhibits a strong uptrend, with the price currently trading at $6.53. Immediate support lies at $6.50, with deeper levels at $6.37 and $6.12. If bullish momentum sustains above the $6.12 level, which aligns with the 50-day MA, Berachain’s price could consolidate before another upward push. 

Bera price

However, a break below $6.12 might signal weakening momentum, potentially inviting further declines toward $5.84.

On the resistance side, BERA/USD faces its first challenge at $6.78, near the recent intra-day high. A decisive breakout beyond this could pave the way for a surge towards $6.87, with further bullish movement, possibly testing $7.00. If rejection occurs at resistance, price action may turn volatile, leading to a period of consolidation or retracement. 

BERA Price Prediction 

Short-Term

The buying pressure around BERA is dwindling, allowing the bulls to sweep through liquidity before another bullish move. If BERA/USD holds above the key support zones, the token can break above its recent peak and target the $7.00 level. 

This can only be possible if BERA sees increased buying pressure. If buyers continue to push prices higher, BERA could enter price discovery mode, setting new highs. However, a failure to hold above key support levels may lead to a temporary retracement before another attempt at higher resistance.

Long-Term

Berachain was one of the most utilized testnets in blockchain history, recording over 300,000 users and 1 million transactions processed in its first 48 hours. Over 270 projects were also built on the Layer-1 ecosystem prior to its mainnet debut, a sign of strong developer interest in the blockchain. 

If the mass adoption continues, Berachain could maintain its early momentum to establish itself as a major player in the DeFi landscape. However, to achieve this, it is important that the project sustain its ecosystem expansion, build partnerships, and grow its community. 

If this happens, Berachain is more likely to attract more users, potentially pushing the BERA price to new heights. Our estimate is that the token will trade around $50 to $60 in the next five years. 

Best Wallet – A Versatile Wallet For Storing High-Potential, Utility-Driven Cryptos For The Long-Term

With the broader market growing increasingly volatile, investors are looking for safe havens in low-cap, utility-driven cryptos since they have the potential to deliver not just short but also long-term returns.

However, there’s no better way to store these long-term assets than using top-tier wallet solutions with military-graded security features.  Among all options available right now, one that seems to have built a flawless reputation when it comes to security is Best Wallet.

Best wallet app

Thanks to its integration of Fireblocks and other industry-standard security measures like multi-factor authentication, biometric verification, and much more, this versatile wallet app ensures that user funds are safe at all times. 

More so, unlike centralized wallets that require users to trust a party, Best Wallet ensures that users maintain full control over their assets, further strengthening their privacy and security. 

At its core, Best Wallet offers a range of services that go beyond crypto storage. It has integrated scores of on-ramp and off-ramp service providers to make it possible for users to buy and sell thousands of crypto coins without leaving the app. 

Valuable functionalities such as portfolio management, staking possibilities, cross-chain swaps, and iGaming resources are also available, making it the perfect pick for all things crypto. 

Also, setting itself apart from competitors, Best Wallet has been consistently executing the plans highlighted in its roadmap, which is why it has continued to earn commendations from users and experts alike. 

One of the most recent additions to the wallet is the “Upcoming Tokens” feature, which connects presale hunters with promising early-stage opportunities. Designed with user convenience in mind, BERA holders can take advantage of this tool to diversify their investments and make the most of newer market opportunities. 

Currently, Best Wallet supports three chains—Ethereum, Binance Smart Chain, and Polygon, with plans to add more soon. That makes it a comprehensive gateway for users to access a host of decentralized applications and use cases. 

With its native token—Best Wallet Token (BEST)—all the features mentioned above are enhanced. Basically, the multi-utility crypto will unlock higher-yield staking facilities, reduce transaction fees, and provide exclusive access to more early-stage projects. 

Moreover, BEST will serve as a DAO token, providing a platform for holders to contribute to the future success of the ecosystem. 

The wallet itself and its native token has been generating buzz among YouTubers like Conor Kenny, who recently recommended it to his 284k subscribers. 

Over $10 million has already been raised in the BEST presale so far, indicating strong demand from the investing community. 

Download Best Wallet | Visit Best Wallet Token Presale

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About the Author: Max Stevenson

Max stevenson