Berachain, a new EVM-compatible blockchain with its unique consensus mechanism and ecosystem incentive, saw its network fee revenue grow by more than 450% in the last 7 days.
According to Nansen’s data, total fees on the chain increased by 446% to $42,160. This is a definite indicator of explosive demand for block space and heightened protocol usage on the chain.
The growth wasn’t limited to revenue alone. Active addresses increased by 52%, reaching 140,790, while total transactions climbed 15%, totaling 9.59 million. These performance indicators suggest heightened user engagement and expanding protocol usage.
The surge in Berachain’s network activity was driven primarily by MEV-related operations, which accounted for 34.97% of total fees. The Berachain core protocol itself contributed 18.64%, reflecting strong foundational usage.
Native decentralized exchange BEX trailed closely with 17.38%, followed by Wizzwoods and Kodiak Finance with 17.01% and 12%, respectively. These leading players reflect the broad spectrum of active users driving Berachain’s recent expansion.
Berachain’s native token, BERA, is the utility token of its ecosystem, allowing for transactions, paying for gas fees, and supporting engagement in network governance.
On April 5, 2025, BERA is at around $5.63, which is a 29.10% loss in the last 7 days. BERA’s all-time high was on February 6, 2025, at $14.99, and its current price is 62.44% lower from the all-time high.
Its 24-hour trading volume is around $108 million, and its market capitalization is around $606 million.
Despite the decline, the recent weekly peak indicates new momentum and increasing interest in the Berachain ecosystem.
