Berachain Ecosystem Leader Infrared Finance Multi-Platform Launch Liquid Staking New Force

The IR token will be listed on December 21 on four major exchanges: Binance, Bitget, Aster, and Gate for perpetual contracts. Binance's listing time is 10:30 UTC, and Bitget will open trading as early as 05:00. Despite a drop of 16% to $0.19 on that day, the 24-hour trading volume reached $64 million, with a market capitalization stable at $40 million, showing ongoing market interest in the Berachain ecosystem.

Infrared Finance is Berachain's liquid staking protocol, focusing on the PoL liquidity proof mechanism, having completed over $18 million in financing. Its uniqueness lies in combining staking rewards with liquidity mining to create dual revenue sources for Berachain validators and users.

Berachain Narrative Analysis: Although the Berachain mainnet has not yet launched, its innovative PoL consensus and high-performance EVM have attracted significant attention. Infrared serves as a core liquidity infrastructure, similar to Lido's position in Ethereum, with a clear first-mover advantage. Once the mainnet is launched, staking demand is expected to explode.

The current decline may stem from market caution towards projects without a launched mainnet, but the high trading volume indicates that institutions are actively accumulating. Compared to Lido's early valuation, Infrared's $40 million FDV is significantly undervalued.

The Berachain mainnet is expected to go live in Q1 2025. Before that, the IR price may remain volatile. The technical indicators show that $0.15 - $0.18 is a strong support zone; the RSI has rebounded from the oversold area, and the MACD is about to golden cross. It is recommended to accumulate in batches at the current price levels, aiming for $0.5 - $0.8 after the mainnet launch. Long-term holders can stake to earn protocol rewards. Keep an eye on the growth of Berachain testnet TVL and partner announcements.