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Merlin Chain (MERL) is ranked #409 by market capitalisation, at $65.7M. Circulating supply: 2.1B MERL, out of a maximum supply of 2.1B. The price is 97.8% below its all-time high of $1.45, set on April 19, 2024. Categories: Smart Contract Platform, BNB Chain Ecosystem, Ethereum Ecosystem, Layer 2 (L2).
Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain. Its primary objective is to empower the native assets, protocols, and application ecosystem of Bitcoin Layer 1, facilitating ongoing innovation and maximizing asset potential on Layer 2 networks.
Project description: CoinGecko (in English).