Berachain, once a prominent player in the crypto space, has seen its Total Value Locked (TVL) plummet from $3 billion to approximately $184 million. Despite hosting a high-profile event at Token2049 in Singapore in 2024, the platform now generates only a few thousand dollars in daily revenue. Binance CEO CZ highlighted the importance of substance over marketing, stating that while marketing is crucial, it must be backed by products that users find valuable. He urged the industry to focus on genuine builders who create impactful products.