The native token of Berachain, BERA, rose over 150% on February 11, which was its steepest single-day gain in months. This price rally followed weeks of sustained activity as the project had spent most of 2025 under pressure from a declining price, fears of token releases, and investor uncertainty.
The immediate reason for the rise appears to be the foundation's strategic shift to a new model called 'Bera Builds Businesses'.
Berachain's return fears and revenue targets changed
An initiative announced in January aims to support three to five revenue-generating applications, with the goal of creating sustainable demand for BERAs.
Instead of relying on large token rewards, the network is now focusing on projects that can generate real cash flow.
This shift in direction changed the tone of the discussion.
During 2025, Berachain struggled as TVL (total value locked) collapsed from early season peaks and the token price fell over 90% from its high. Critics questioned whether a reward-based growth model could endure in a prolonged bear market.
During this month, another major uncertainty factor also dissipated.
A controversial repayment clause related to Brevan Howard's Nova Digital fund expired on February 6, 2026. According to the clause, the investor could demand a repayment of $25 million if performance-related conditions were not met.
With the deadline passed, traders seem to view this risk removal as structurally positive.
At the same time, a major token release event went through without significant selling pressure. This outcome fueled what analysts refer to as a 'relief rally.'
Chain and derivatives data show an increase in trading volume and open interest.
Liquidation maps indicate a buildup of short positions above key resistance levels, suggesting that the closing of shorts may have reinforced a bullish sentiment.
However, risks still remain.
Berachain still faces token distribution pressures and must prove that its business-driven strategy can generate sustained demand.
Currently, the market seems to reward clarity and the removal of uncertainty after a long period of silence.
