i analyzed where $Bera, which launched at $20, stands now and why it’s at these levels.. according to edgen multti-agent readout, looking at berachain’s proof-of-liquidity (pol) backing and the pol v2 update in july ’25; - 33% of protocol “bribe” revenues flow to programmed bera buybackks and staker yields; in other words, activity in the eco system is converted directly into token demand. - the price picture is calm but constructive: around $1.79, with ~$232.5m market cap and $916.2m fdv; −2.34% over 24h, −6.30% over 7d. - edgen reads this as “consolidation.” on the technical side, rsi(14) ~42.6 neutral, macd histogram has turned positive, and the bb(20) band $1.67–$2.09 is narrowing; that leaves room for “expansion.” - on-chain health isn’t bad: tvl ~$434m, daily actives in the ~15–26k range. liquidity is balanced too; about $12.9m on cexs and ~$5.7m on dexs (roughly 30% dex share). edgen on-chain monnitor classifies this participation as “stable.” to me, capital alignment stands out: - a total $142m raise (polychain, brevan howard, etc.) and greenlane’s $110m bera treasury initiative look both demand-dampening and like top-tier validation. the supplly frame is simplee- 512.5m total, 130m circulating (~25.4%). fdv/mc ~3.94x; the february 2026 scheduled unlock is a visible event the market can price in beforehand. $edgen tokenomics dashboard flags that date as a “high-visibility liquidity window.” if you ask my view, #berachain matches institutional participation and persistent user activity with its innovative pol cash flow. if pol-derived revenue components keep compounding and integrations scale, the setup stays attractive; otherwise, i think the feb ’26 liquidity process could be a significant period for bera. not investment advice. do your own research. $bera | based on edgen analysis. #Bera $Eth @EdgenTech