Berachain has undergone a significant change, with over $1.1 billion in net capital outflow and TVL dropping by more than 70%, raising serious questions about the protocol's future and user confidence.
Recent chain analysis has placed Berachain at the center of the cryptocurrency world, but for concerning reasons. Initially praised for its momentum during the testing phase, the platform now shows a rapid decline, with both data and user sentiment reflecting a loss of trust.
Capital outflow reaches $1.2 billion as TVL drops over 70%
Data from Artemis shows the scale of capital leaving Berachain. Within three months, the platform recorded $1.69 billion in inflows, but $2.89 billion in outflows, resulting in a net capital outflow of over $1.2 billion. This makes Berachain the leading chain in terms of net capital outflow during this period.

As these indicators deteriorate, the Berachain community's prospects have significantly worsened. Many have begun questioning whether the platform's initial promise can withstand continuous capital withdrawal and declining spirit.
"Berachain is quickly becoming a ghost chain. With over $1.1 billion in net capital outflow in the past 3 months and token price dropping 82% from its peak. There was a lot of vibrancy during the Testnet phase and now all the 'power users' have left to hunt for the next airdrop," cryptocurrency analyst Rick said.
This widely shared post reflects a clear shift in community mood. The initial excitement from the testing phase has faded, with key participants moving to competing projects.
Criticism now includes marketing tactics and the broader sustainability of the platform. Ultimately, the community conversation has shifted from optimism to skepticism.
Meanwhile, the TVL dashboard from defillama reports a TVL drop of over 70% from its peak. This significant decline reflects not just a reduction in liquidity but also a loss of trust from users and developers. The combined data shows continuous withdrawal, immediately raising concerns about Berachain's short-term stability.

What awaits Berachain?
Based on chain data and TVL analysis, the situation is clear: Berachain's technology remains, but perceptions of value and growth are changing rapidly. Developers and community managers must respond transparently and act quickly to stabilize sentiment.
If negative sentiment continues, Berachain may solidify its reputation as a "ghost chain." For project leaders and loyal users, decisive engagement is essential to limit further losses and maintain relevance in the developing DeFi ecosystem.
In summary, Berachain's recent trajectory is a clear reminder that for new blockchain platforms, community loss of trust can occur faster than liquidity depletion. The chain is facing a critical moment as data and social sentiment indicate urgent challenges ahead.