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- đ„ This layer 1 is crushing it đȘ
đ„ This layer 1 is crushing it đȘ
PLUS: Pokemon cards are making a comeback onchain
Todayâs edition is brought to you by Consensus Toronto (May 14-16) - the crypto conference where shit gets done.

GM. This is Milk Road, the newsletter that knows how to have a good time. đ»
(Youâll get it when you read the first story.)
Hereâs what we got for you today:
âïž The rise of Berachain
âïž Use case of the week
đïž The Milk Road Show: 10 Bullish Takeaways from DAS (And Why Now Is the Time to Buy) w/ Yano
đȘ Inflation data comes in higher than expected

THE RISE OF BERACHAIN đ»
I was pumped to make actual connections at the conference. But Raul? He was just there for the parties.
And the wildest one we ended up at? It was thrown by Berachain - a new layer 1 that runs on Proof-of-Liquidity (PoL).
(I wonât bore you with the details of PoL so just click on that link if you wanna nerd it out.)
Now fast forward to Feb 6th, 2025, when Berachain launched:
Its mainnet
Its primary token $BERA.X ( âČ 7.05% )
I didn't bother paying attention at the time because I wrote them off as just a bunch of party animals (like Raul).
But with $BERA up 37% in the last 14 days, I had to check if thereâs actual metrics backing it up.
To my surprise, I found quite a few charts that were worth sharing. đ
1/ Berachain had the highest net inflows in the past 30 days (out of all chains!)
And if you want to look at year-to-date (YTD) flows, it sits at #2 just behind Base.
2/ Its DEX trading volume hit an all-time-high (ATH) yesterday
$172M might not be a mind-blowing number, but itâs a good sign that itâs trending upwards.
3/ It ranks #6 across all chains in terms of TVL!
Itâs been live for less than 2 months and itâs already overtaken heavyweights like Base & Arbitrum.
Now, the charts above, paired with $BERA's recent price action, have definitely got me off my seat. But I wouldnât crown it the ânext big thingâ just yet.
Blockchains often see a spike in activity right after their mainnet launchesâthanks to a flood of new apps (DEXs, lending protocols, etc.) handing out airdrops and/or other incentives to attract users.
We saw the same thing with Blast last yearâeveryone piled in for the potential airdrops and now, theyâre nowhere to be seen.
Not saying Berachain will follow the same path⊠but itâs definitely something to keep in mind.
That being said, there are two big takeaways from this story:
Always be skeptical of hype
Raul definitely knows how to have a good time đ»
Want to put a face to the people behind this newsletter? Nowâs your chance.
Weâre hosting a Milk Road Community Meetup during Consensus Toronto (May 14-16).
The reason we chose Consensus Toronto (and not some other conference) is because itâs where shit gets done:
#1 destination for dealflow (VCs, start-ups and even institutions - everyoneâs going to be here)
Crazy list of speakers (From Kevin OâLeary to Justin Sun)
Endless side events (including the Milk Road meetup)
None of the fluff, just pure business. đ€

USE CASE OF THE WEEK đ
Alright, this is my last story with all of you before Chevy returns. So, letâs end it with something nice and easy.
Letâs dive into something Tyler (our GM) knows all too well: Having a bunch of Pokemon cards but no friends to trade with.
The solution to this problem? Courtyard.
And judging by the numbers, their business seems to be booming đ
Hereâs how Courtyard works:
You own a Pokemon card
You mint it onchain and send it to Courtyard
Courtyard stores the physical card in a secure vault.
As long as you hold the NFT, you own the card.
Once you sell the NFT? The new owner gets the rights to the cardâbut doesnât receive the physical copy.
Hereâs where it gets really cool: If you want the actual card in your hands, you can burn the NFT and have it shipped straight to your door.
And just like that, Courtyard isnât just making Pokemon card trading globalâitâs making it more trustless.
Because right now, if youâre buying a card online, you have to trust:
That the seller actually owns the card and isnât scamming you
That the condition is what they claim (because no one wants to pay for "mint" and get something thatâs barely held together with tape)
With Courtyard, all these issues are fixed:
The NFT itself is proof of ownership. Plain and simple.
The NFT verifies the cardâs condition so what you see is what you get.
You can also check the full history of the card (âwhy has it been traded 10 times in a year? That seems sus.â)
And right now, Courtyard is only doing this with Pokemon, baseball, and basketball cardsâbut this model could easily be extended to other stuff like:
Luxury watches
Rare pieces of art
Precious metals like gold & silver
This trend is definitely picking up but weâre yet to see it explode.
But one thing is for sure: Blockchain tech is accelerating how we trade RWAs (whether itâs a $5 Pokemon card or a $5 billion money market fund).

Book a call, get a slot, and learn from CoinAvenueCapital. Thatâs all you gotta do to learn from the guys who caught $PEPE on day 1 (P.S. thereâs only 11 spots left, so hurry and book a call).*
SEC drops charges against Crypto(dot)com. Are we finally entering a new era where the government isnât out to kill crypto? Feels weird⊠but Iâm not complaining.
Inflation is back on the rise. Februaryâs Core PCE data has come in higher than expected. Macro conditions still arenât giving us the green light just yet.
Tether just minted $1B USDT on Tron. Tron has been somewhat of a leader when it comes to stablecoins and now, theyâre just doubling down on it.
No more signing every transaction on Jupiter! Their latest update cuts out extra clicks per trade. Itâs just a small tweak, but a big win for UX.
Wanna grab a coffee with Milk Road? Weâre hosting a meetup at ETH Bucharest where you can hang with fellow crypto enthusiasts!
*this is sponsored content.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.