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Dogecoin’s Price Surge Signals Bullish Trends and Investor Confidence

Dogecoin shows strong upward trends beyond resistance levels. Technical analysis reveals positive indicators for a bullish price phase. Continue Reading: Dogecoin’s Price Surge Signals Bullish Trends and Investor Confidence The post Dogecoin’s Price Surge Signals Bullish Trends and Investor Confidence appeared first on COINTURK NEWS . Decrypt

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Berachain Surges to the 5th Largest DeFi Chain by TVL: A Record-Breaking Rise

In a stunning display of growth, Berachain has propelled itself into the top five decentralized finance (DeFi) chains by total value locked (TVL), now at nearly $7 billion but was at a modest $2.3 billion one month ago. This meteoric rise saw Berachain surpass established networks such as Base, Arbitrum, and Sui—networks not known for their lack of adoption or confidence—positioning Berachain as a pretty formidable player in the DeFi ecosystem. The Key Drivers Behind Berachain’s Explosive Growth Berachain’s DeFi TVL growth is not merely a byproduct of the general direction of the market; it is driven by the strong adoption of the platform by DeFi projects that themselves are experiencing significant growth. It seems fair to say that, during this past month, Berachain has been the platform of choice for certain DeFi projects, leading to a commendable boost in our DeFi TVL metrics. For instance, one of Berachain’s primary decentralized finance platforms, Dolomite_io, saw its total value locked soar by 200%, which further cements Berachain’s status as a leading DeFi chain. Meanwhile, the platform KodiakFi nearly doubled its own total value locked, which again drives the expansion of Berachain’s DeFi ecosystem. But the really remarkable performance came from InfraredFinance, which rocketed to an impressive $2 billion in total value locked, which now accounts for nearly 29% of Berachain’s overall DeFi total value locked. Berachain becomes the 5th largest chain by TVL In just a month, @Berachain DeFi TVL surged from $2.3B to nearly $7B, surpassing Base, Arbitrum, and Sui. @Dolomite_io TVL jumped 200%, @KodiakFi nearly doubled, and @InfraredFinance reached $2B, now accounting for 29% of… https://t.co/M9bq0TKsNR pic.twitter.com/n0wpVvsAwW — CryptoRank.io (@CryptoRank_io) March 9, 2025 One critical factor contributing to Berachain’s success is its high scalability and performance, which permits projects to thrive on the chain. With a well-designed ecosystem and strong developer incentives, Berachain attracts an increasing number of projects, allowing them to scale efficiently and with low transaction costs and delays. Berachain’s low fees and fast transaction speeds make it particularly suitable for dApps needing high throughput. Berachain’s Growth Compared to Other Chains Berachain’s rapid rise in the rankings is impressive for both the immense volume of TVL it has snared and the sheer swiftness of its growth. In the past 30 days, it has not only gained new users but also been engaging them in a series of transactions that demonstrates a newfound frequency (if not yet an actual utility). For better or worse, Berachain has placed itself among the DeFi chains that are at least a little bit active, even if many of its counterparts in the same situation are riddled with red flags. Berachain is such a consistent performer that it practically defines the term fast-growing. Nansen’s recent data put it in the top three of the fastest-growing chains over the past 30 days, along with: 1. 1Inch BSC 2. Pendle Finance 3. Berachain 1. Unichain: The major winner without question, Unichain, witnessed a gigantic growth in the number of active addresses and a steep increase in transactions, giving clear signs of an enormous increase in user growth and engagement. 2. Berachain: With an increase in active addresses and more transactions, Berachain illustrated much more than its previous status, demonstrating a clearly rapidly expanding presence in the DeFi sector. 3. Iota: Not quite as explosive as Unichain or Berachain, Iota still put on a good show as far as solid user growth and engagement goes, again really only showing presence in the DeFi space. Iota illustrated somewhat of a resurgence with an increase in the number of active addresses and a nice rise in the number of transactions. The top 3 fastest-growing chains on Nansen over the past 30 days: @unichain : +21,713% active addresses, +350% transactions @berachain : +453% active addresses, +421% transactions @iota : +126% active addresses, +138% transactions pic.twitter.com/wLQRN4fLjO — Nansen (@nansen_ai) March 10, 2025 Berachain’s success in making a name for itself as a serious contender in the DeFi space is reflected in these numbers, which demonstrate engagement and activity on its network. The growth and adoption seen by Berachain are also a part of the larger transition to new, innovative blockchain platforms that promise speed and scale for DeFi applications. What’s Next for Berachain? Berachain’s future seems pretty bright, given the burgeoning user base and the DeFi protocols that keep building on it. The platform’s Total Value Locked is likely to keep going up at an impressive pace, especially as new projects and liquidity providers are attracted to its efficient infrastructure and developer-friendly tools. With top-tier protocols like Infrared Finance now contributing a substantial portion of its Total Value Locked, Berachain could become an even more dominant force in decentralized finance. The platform is still developing and gaining traction. As it does, Berachain could see some further innovations to make it a better tool for developers. The way it is set up right now reminds me of some projects from 2017 that attempted to improve Ethereum. It seems to have a lot of promise. I think the biggest risk for Berachain is that it could end up being like those other projects, and as they did, fade into somewhat of a historical footnote. Decentralized finance’s exponentially growing world has seen Berachain ascend to the 5th place in total value locked (TVL), and that’s no small thing. Its fast growth and high performance over the past month, even weeks, absolutely underscores its rising prominence in the DeFi space. And its future? Berachain is looking like a potential mega boon in the next iteration of DeFi. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: peshkov/ 123RF // Image Effects by Colorcinch Decrypt