Merlin Chain price

in TRY
₺4.3254
+₺168.70 (+3,916.53%)
TRYTRY
Market cap
₺3.13B #192
Circulating supply
725M / 2.1B
All-time high
₺71.1968
24h volume
₺407.95M
4.1 / 5

About Merlin Chain

Layer 2
CertiK
Last audit: --

Merlin Chain’s price performance

3 months
+22.16%
₺3.5406
30 days
+12.36%
₺3.8494
7 days
+24.58%
₺3.4718
Today
+0.41%
₺4.3074

Merlin Chain on socials

Merlin Chain
Merlin Chain
GMerlin! 🧙‍♂️ 🌕 Mission: Bitcoin Layer 2 📍 Location: The Moon 🪐 Objective: Bring BTC to life beyond Earth The world’s most magical Layer 2 has landed. Next stop? Interstellar BTCfi. 🚀 Powered by #Bitcoin. Built by @MerlinLayer2.
1.08K
12
Merlin Chain
Merlin Chain
GMerlin! The wizards are cooking again 🧙‍♂️🍲
3.41K
14
Merlin Chain
Merlin Chain
🚨 Happening in less than 30 minutes! Stay tuned with @OnChainRev and @BitmapTech for great alphas and news.
OnChain Revolution Podcast
OnChain Revolution Podcast
🚨 Don’t sleep on Merlin Monday, you absolute degen. The wizards are cooking again 🧙‍♂️🔥 Here’s what’s on the scroll this week: 🧙‍♂️V0.3 Wizard AI is here—V0.4 about to go god mode 🪄New listings coming? You better position NOW 🔮BTC staking meta might melt faces in 2H 2025 Tap in or get left behind. @MerlinLayer2 #Bitcoin #MerlinChain
5.4K
44

Guides

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Predict Merlin Chain’s prices
How much will Merlin Chain be worth over the next few years? Check out the community's thoughts and make your predictions.
View Merlin Chain’s price history
Track your Merlin Chain’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

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Merlin Chain FAQ

Currently, one Merlin Chain is worth ₺4.3254. For answers and insight into Merlin Chain's price action, you're in the right place. Explore the latest Merlin Chain charts and trade responsibly with OKX TR.
Cryptocurrencies, such as Merlin Chain, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Merlin Chain have been created as well.
Check out our Merlin Chain price prediction page to forecast future prices and determine your price targets.

Dive deeper into Merlin Chain

Merlin Chain represents a Layer 2 network developed to extend the capabilities of Bitcoin by incorporating advanced technologies such as ZK-Rollup, decentralized oracle networks, Data Availability, and BTC fraud proof modules. This platform is dedicated to boosting Bitcoin’s utility and interaction by enhancing assets, protocols, and products originally established on Bitcoin’s Layer 1.

Merlin Chain uses zero-knowledge proofs to verify commitments on the Bitcoin blockchain, facilitating a mechanism where disputes are resolved securely and transparently. This approach not only strengthens the security but also increases the efficiency of the network, making it a reliable environment for its users.

The vision of Merlin Chain is to bridge the innovations of Bitcoin from Layer 1 to Layer 2. This encompasses backing a variety of Bitcoin Layer 1 assets, developing decentralized applications that embody the ’fully on-chain’ ethos of Bitcoin. Additionally, it focuses on a community-driven approach to asset launches and is working towards compatibility with Ethereum Virtual Machine (EVM) to broaden Bitcoin’s application scope.

Launched in February 2024, Merlin Chain has quickly established itself as a leading Layer 2 network with over $3.6 billion Total value locked (TVL) and a diverse range of DApps spanning DeFi, gaming, and social platforms. The network also introduces $MERL, a native token integral to governing and securing the ecosystem, marking a significant step in its evolution.

How does Merlin work?

Merlin Chain leverages advanced blockchain technologies, rooted in Polygon’s ZK technology, to enhance Bitcoin’s functionality and scalability. This Layer 2 solution integrates a decentralized oracle network for data availability, supported by Celestia, and utilizes Lumoz’s decentralized computing for zero-knowledge proof (ZKP) computations. Merlin’s architecture allows for the processing of transactions via ZK Rollups, offering benefits such as heightened security by inheriting Bitcoin’s robust consensus mechanism while improving scalability through batch processing on Layer 2. The system supports EVM-compatible smart contracts, enhancing interoperability with existing blockchain ecosystems.

Additionally, Merlin Chain optimizes transaction costs by employing ZK proofs and zkSNARKs to minimize data storage on Layer 1, leading to lower fees and higher throughput. The zkProver component within Merlin executes complex mathematical operations, ensuring all transactions are verified under stringent security standards before being confirmed on the network, promoting a secure, efficient, and economically scalable blockchain environment.

MERL Prices and Tokenomics

Merlin Chain’s native token is MERL, a BRC-20 token with a fixed supply of 2.1 billion units, underpinning the network’s transactional and governance activities. As a vital cog in the ecosystem, $MERL grants holders participatory power in crucial network decisions and development through a structured governance model.

Engagement in the Merlin ecosystem is multifaceted—holders can stake MERL to bolster the security layer or use the token for transactional purposes across the network. Moreover, MERL facilitates a delegated staking system, empowering token holders to contribute to the network’s operational efficiency. Within the ecosystem, MERL also serves as a key liquidity provider and a form of collateral, ensuring the seamless execution of transactions and supporting the network’s various financial mechanisms.

Token allocation for $MERL is meticulously planned. This involves a phased release strategy designed to maintain a steady flow into the market, fostering growth while managing inflation. The allocation caters to diverse ecosystem needs—from developmental funds to community incentives—encouraging long-term engagement and stability. By integrating these strategic tokenomics with user-centric features, Merlin Chain is geared toward fostering a sustainable and participatory blockchain environment.

Merlin Highlights

  • EVM Compatibility & Efficiency: Merlin Chain excels in providing low transaction fees and enhanced scalability, compatible with Ethereum Virtual Machines (EVMs) for fast and efficient transaction processing.
  • BTC Protocol Support: Supports a range of Bitcoin protocols including BRC20 and BRC420, along with innovative solutions like Bitmap, Atomicals, Pipe, and Stamp, broadening its reach across Bitcoin’s Layer 2.
  • ZK Rollup Implementation: Incorporates ZK-Rollup technology, advancing the efficiency and scalability of the network, with sequencer nodes orchestrating data transfer through decentralized Oracles to promote transparency and bolster security.
  • Layer 2 Native Innovations: Upholds a dedication to equitable launches and community-led developments, ensuring Merlin Chain is at the forefront of introducing native, user-focused solutions on Bitcoin’s Layer 2.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
₺3.13B #192
Circulating supply
725M / 2.1B
All-time high
₺71.1968
24h volume
₺407.95M
4.1 / 5
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