Berachain (BERA) Soars 85% as Airdrop Claim Goes Live

Berachain announced the launch of its Ethereum Virtual Machine (EVM) compatible layer-1 mainnet on February 6th, 2025. The launch coincides with the distribution of nearly 80 million BERA tokens to eligible users, an airdrop valued at approximately $632 million.

Coingecko data shows the newly launched BERA token trades at approximately $14.35 at the time of writing, an 85% increase from its pre-launch price of $8. Market analysts speculate the network’s total market capitalization will reach $4 billion after its mainnet launch, though they anticipate significant volatility in the first 24 hours of trading.

Berachain Airdrop Event and Claim

Berachain’s airdrop eligibility targets a wide range of ecosystem contributors, from Testnet users who will receive 8,250,000 tokens (1.65%)  to users contributing positively to Berachain discussions on X to receive 1,250,000 (0.25%). Moreover, Holders of various Berachain ecosystem NFTs will receive 1,250,000 tokens (0.25%).

A Binance HODLers airdrop retroactively rewarded BNB holders on Binance with 10,000,000 tokens (2%). Strategic partners contributing to Berachain’s infrastructure will receive 2,000,000 tokens (0.4%). Finally, holders of Bong Bears NFTs and subsequent rebases (Bond, Boo, Baby, Band, Bit Bears) who bridged their NFTs to Berachain to receive 34,500,000 tokens (6.9%).

Notably, claims to these tokens can be made using popular Ethereum Virtual Machine (EVM) compatible wallets like MetaMask and OKX Wallet. The official Berachain airdrop checker verifies allocation details.

The BERA token will function as the network’s native gas token, facilitating transaction fee payments, and as a staking token, contributing to the overall security of the Berachain network. The substantial airdrop initiative distributing nearly 80 million BERA tokens fueled this surge.

Top Exchanges to List BERA Upon Launch

Berachain’s remarkable pre-launch liquidity pool deposits exceeding $3 billion in less than a week decisively overturned skepticism, demonstrating substantial market confidence.

Binance offered an exclusive BERA airdrop to users who participated in its Simple Earn program between January 22nd and 26th, 2025.

Furthermore, Binance will list BERA for trading on February 6th, 2025, providing trading pairs against BTC, USDT, USDC, BNB, and FDUSD. This listing significantly expands BERA’s accessibility and liquidity within the broader cryptocurrency market.

The token will also be listed on the leading South Korean exchanges, Bithumb and Upbit. Bithumb’s listing will initially support only Korean won trading pairs, with a five-minute restriction on buy and sell orders implemented at launch.

Bithumb’s initial limit orders for BERA are restricted to 10-100% of the standard price, with full trading commencing after the first transaction, enabling automated orders. Meanwhile, Upbit’s BERA offering contrasts by providing more trading pairs, including Korean won, Bitcoin, and Tether.

However, Upbit’s launch time remains flexible, contingent upon sufficient liquidity. The exchange proactively acknowledges potential schedule adjustments, highlighting the need for adequate liquidity to ensure stable trading conditions and a smoother token launch.

Introduction to Berachain

Berachain is a fast, Ethereum-compatible blockchain. It uses a new consensus method, Proof-of-Liquidity (PoL), to improve trading and network security. PoL focuses rewards on improving liquidity, making the network more stable and user-friendly.

Developers can easily use existing tools such as Geth, Reth, Erigon, and Nethermind, because it’s fully compatible with the Ethereum Virtual Machine (EVM). The Berachain ecosystem is becoming a strong choice for developers and users.