CandleFocus

Berachain airdrop odds are rising on Polymarket

Berachain, a layer-1 network focused on Decentralized Finance (DeFi), is expected to launch its token airdrop in 2024, according to a poll conducted by Polymarket, where users predicted the recent Scroll (SCR) and Swell airdrops accurately. The probability of the airdrop happening this year has increased from 42% to 67%, as indicated by the poll. Berachain has raised substantial funds from investors like Polychain, Hack, Framework Ventures, and Brevan Howard Digital assets, with a valuation of $1 billion. The network has made progress, launching its testnet and partnering with Binance. However, it faces challenges in a competitive market dominated by Ethereum, Solana, Base, Tron, and Injective.

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