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Berachain has successfully launched its MainNet, enabling the $NECT token and marking a significant milestone for the platform. The launch has been well-received, with early indicators showing strong performance in the NFT market, surpassing both Solana and Abstract NFTs in trading volume within the first 24 hours. The platform has also recorded a total value locked (TVL) of $1.817 billion, positioning it as the eighth largest blockchain by TVL. Currently, 95% of all Bera NFT trading volume is occurring on the Magic Eden marketplace, with several mints quickly selling out and trading above their initial prices. Berachain now lists 11 protocols and boasts a market capitalization to TVL ratio of 0.46, the lowest among the top 10 chains.
A look at the first day of @berachain, by the numbers: Since launch, Berachain has grown to $1.817b TVL, with 11 protocols listed. Berachain's TVL growth places it as the 8th largest chain by TVL, with a Mcap/TVL ratio of 0.46, the lowest in the top 10. Berachain DEXs have had… https://t.co/5UHtTXJqnR
Day 1 on Berachain is a wrap 🐻⛓️ 95% of all Bera NFT trading volume is on Magic Eden. https://t.co/mKTQtCDA3u
Solid start for NFTs on Berachain. More volume than Solana and Abstract NFTs in the last 24 hours. First few mints have done well, all minted out fast and are above mint price. Bullas in the the top 7 in global NFT volume and sitting at 2x mint price (after touching 70 $BERA).… https://t.co/9t3RYCJaug
