Berachain's native token, BERA, surged over 150% on February 11, marking its most significant single-day gain in months. This rally follows the project's strategic pivot towards a new model, "Bera Builds Businesses," which aims to support revenue-generating applications to create sustainable demand for BERA. The shift away from heavy token incentives to projects capable of producing real cash flow has changed the narrative for Berachain.
The expiration of a controversial refund clause tied to Brevan Howard’s Nova Digital fund on February 6 also contributed to the positive sentiment. This clause allowed the investor to request a $25 million refund if performance conditions were unmet, and its removal is seen as a structural positive. Additionally, a large token unlock event passed without triggering heavy selling, fueling a "relief rally." On-chain data shows increased trading volume and open interest, with short covering potentially amplifying the upward momentum. Despite these gains, Berachain still faces challenges in proving its business-focused strategy can generate sustained demand.
Berachain's BERA Token Soars 150% Amid Strategic Shift
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