Merlin Chain is a Bitcoin Layer 2 network integrating features like ZK-Rollup, decentralized oracles, and on-chain BTC fraud proof modules. It aims to empower Bitcoin’s assets, protocols, and products on Layer 1, making Bitcoin more dynamic. Utilizing zero-knowledge proofs and Bitcoin’s consensus mechanism; it ensures security and efficiency within its ecosystem. Merlin Chain expands Bitcoin’s innovation to Layer 2, supporting diverse assets, dApps, and community-driven launches, ultimately enhancing Bitcoin’s potential.

How does Merlin Chain work?

Merlin Chain operates as a Layer 2 solution for Bitcoin, leveraging zero-knowledge proofs (ZKPs) submitted to the Bitcoin network for verification. These ZKPs ensure the security and integrity of transactions and commitments on the Merlin Chain.

In case of disputes or fraudulent activities, challengers can present fraud proofs utilizing Bitcoin’s robust consensus mechanism to resolve issues. This setup creates a secure, practical, and economically efficient environment for users within the Merlin Chain ecosystem.

Merlin layer 2 on Bitcoin

Merlin Chain works by integrating Layer 2 functionalities with Bitcoin’s Layer 1, enabling enhanced support for Bitcoin assets and protocols while maintaining security and efficiency.

Merlin Chain Funding and Investors Information

Merlin Chain has secured funding co-led by Spartan Group and Hailstone Labs, with significant contributions from Amber Group, Presto Labs, and IOBC Ventures. This investment heralds a crucial milestone in Merlin Chain’s journey, solidifying its position at the forefront of the Bitcoin ecosystem’s evolution.

Merlin Chain Investors

Having launched its mainnet successfully, Merlin Chain has rapidly garnered industry traction, facilitating over 9 million transactions and hosting more than 70 live projects with a Total Value Locked (TVL) exceeding $4 billion.

With the support of esteemed backers like Spartan Group, Merlin Chain aims to go deeper into BTC staking and institutional management, enhancing Bitcoin’s status as a pivotal “storage of value.”

Founder Jeff has strategically secured funding from top-tier institutions, ensuring both security and technological advancement. The establishment of the Merlin Security Council underscores the platform’s commitment to safety and growth, attracting white-hat hackers and innovative DApps.

How to Buy MERL Token?

MERL tokens, the native cryptocurrency of Merlin Chain, are actively traded on various centralized cryptocurrency exchanges. Among these, OKX stands out as a prominent platform for buying and trading MERL tokens.

Additionally, other popular options for MERL trading include Bybit and Gate.io. These exchanges provide users with convenient access to MERL tokens, facilitating liquidity and enabling investors to participate in the Merlin Chain ecosystem.

About MERL Token

Metric Value
Token Name MERL
Market Cap $275.07M
Self-reported
Circulating Supply
245.7M MERL
Total Supply 2.1B MERL
Max. Supply 2.1B MERL
Fully Diluted Market Cap $2.27B

MERL Token Price Prediction 2024, 2025 to 2030

MERL Token Price Prediction for 2024

When Maximum Price Minimum Price
April 2024 $1.744 $0.90
May 2024 $1.461 $0.80
June 2024 $1.679 $1.483
July 2024 $1.797 $1.497
August 2024 $1.815 $1.512
September 2024 $1.833 $1.527
October 2024 $1.851 $1.543
November 2024 $1.870 $1.558
December 2024 $1.889 $1.574

In April 2024, the MERL Token is projected to reach a maximum price of $1.744 and a minimum price of $0.90. Throughout the following months, the token’s value is expected to gradually drop in May and then go up from June 2024, with the maximum price rising gradually to $1.870 in November and $1.889 in December. Similarly, the MERL token’s minimum price is anticipated to increase to $1.558 in November and $1.574 in December 2024. MERL minimum price prediction for 2024 is $0.80.

MERL Token Price Prediction for 2025

When Maximum Price Minimum Price
January 2025 $3.399 $2.741
February 2025 $3.434 $2.453
March 2025 $3.468 $2.797
April 2025 $2.774 $1.982
May 2025 $3.016 $2.432
June 2025 $3.619 $2.585
July 2025 $3.548 $2.861
August 2025 $4.257 $3.041
September 2025 $4.300 $3.468
October 2025 $3.909 $2.792
November 2025 $3.987 $3.215
December 2025 $4.027 $2.876

In January 2025, MERL Token is expected to range from $3.399 to $2.741. February is anticipated to see prices between $3.434 and $2.453. March’s forecast suggests a range of $3.468 to $2.797.

April’s prices might dip to $2.774 to $1.982, while May could recover to $3.016 to $2.432. June may see a surge to $3.619 to $2.585. July and August are expected to peak at $3.548 to $2.861 and $4.257 to $3.041, respectively.

September is projected to continue the climb, hitting $4.300 to $3.468. October is expected to stabilize around $3.909 to $2.792. November might see a slight increase to $3.987 to $3.215, while December could fluctuate from $4.027 to $2.876.

MERL Token Price Prediction for 2026

When Maximum Price Minimum Price
January 2026 $4.067 $3.280
February 2026 $3.204 $2.364
March 2026 $2.958 $2.386
April 2026 $3.254 $2.324
May 2026 $6.182 $4.986
June 2026 $4.756 $3.397
July 2026 $3.930 $3.170
August 2026 $3.047 $2.176
September 2026 $3.808 $3.071
October 2026 $4.761 $3.400
November 2026 $5.237 $4.223
December 2026 $5.865 $4.189

MERL Token Price Prediction for 2027

When Maximum Price Minimum Price
January 2027 $7.038 $5.676
February 2027 $6.334 $4.524
March 2027 $5.758 $4.644
April 2027 $6.334 $4.524
May 2027 $6.968 $5.619
June 2027 $5.360 $3.828
July 2027 $4.288 $3.458
August 2027 $3.324 $2.374
September 2027 $4.155 $3.351
October 2027 $5.194 $3.710
November 2027 $5.713 $4.607
December 2027 $6.398 $4.570

MERL Token Price Prediction for 2028, 2029 to 2030

When Maximum Price Minimum Price
January 2028 $12.157 $9.804
February 2028 $10.941 $7.815
March 2028 $9.947 $8.021
April 2028 $8.455 $6.039
May 2028 $7.102 $5.727
June 2028 $6.456 $4.612
July 2028 $8.070 $6.508
August 2028 $10.411 $7.436
September 2028 $13.013 $10.495
October 2028 $11.830 $8.450
November 2028 $13.013 $10.495
December 2028 $14.575 $10.411
January 2029 $13.013 $10.495
February 2029 $15.310 $10.936
March 2029 $19.137 $15.433
April 2029 $22.783 $16.273
May 2029 $24.764 $19.971
June 2029 $29.716 $21.226
July 2029 $28.301 $22.824
August 2029 $23.584 $16.846
September 2029 $23.820 $19.210
October 2029 $29.775 $21.268
November 2029 $30.073 $24.253
December 2029 $30.374 $21.696
January 2030 $30.073 $24.253
February 2030 $31.374 $21.996
March 2030 $28.927 $23.329
April 2030 $26.298 $18.784
May 2030 $26.561 $21.420
June 2030 $26.298 $18.784
July 2030 $28.927 $23.329
August 2030 $29.217 $20.869
September 2030 $31.557 $25.449
October 2030 $31.873 $22.766
November 2030 $30.355 $24.480
December 2030 $27.596 $19.711

In the years ahead, MERL Token is projected to witness dynamic fluctuations in its value, reflecting the ever-changing landscape of the cryptocurrency market. By 2028, analysts foresee the token reaching its peak at $14.575, signaling a significant surge in value, while also bracing for potential downturns, with prices plummeting to a low of $4.612.

Moving into 2029, optimism reigns as MERL Token is expected to continue its upward trajectory, hitting highs of $30.374, though not without occasional corrections, with values dipping to a low of $10.495.

Looking ahead to 2030, the token’s potential remains robust, with forecasts indicating a maximum price of $31.873, accompanied by periodic declines to as low as $18.784.

MERL Token Price Prediction in INR

Year Maximum MERL Price (INR) Minimum MERL Price (INR)
2026 ₹488.89 ₹193.72
2027 ₹586.67 ₹197.89
2028 ₹1,214.94 ₹384.45
2029 ₹2,531.92 ₹874.84
2030 ₹2,656.87 ₹1,565.80

In the coming years, MERL Token in INR is anticipated to experience significant fluctuations in its value.

By 2026, the token is expected to reach a peak of ₹488.89, representing a substantial increase, while also potentially seeing lows of ₹193.72. As we move into 2027, optimism prevails with MERL Token projected to surge to ₹586.67 at its highest, though not without the possibility of occasional downturns, dropping to as low as ₹197.89.

Looking further ahead to 2028, expectations are high as the token is forecasted to reach a maximum price of ₹1,214.94, accompanied by periodic declines to around ₹384.45 at its lowest. The upward trend is anticipated to continue into 2029, with MERL Token potentially peaking at ₹2,531.92 and experiencing temporary dips to ₹874.84. By 2030, the token’s value is expected to maintain its upward trajectory, with a projected maximum of ₹2,656.87 and occasional declines to ₹1,565.80.

Merlin Chain Airdrop: Eligibility Criteria How to Claim?

Eligible investors can claim their MERLIN chain airdrop from https://airdrop.merlinchain.io/.

20% of $MERL tokens will be distributed to users who have staked in Merlin’s Seal. This distribution will occur monthly, with the allocation divided as follows: 50%, 25%, 12.5%, 6.25%, 3.125%, and 3.125% in successive months.

You can refer to the official announcement here

Do not fall for any scam links.

FAQS

Who is the Founder of Merlin Chain?

Jeff is the founder of Merlin chain.

What is the Price Prediction of MERL for 2025?

In 2025, the price of MERL Token is expected to rise to a maximum of $4.300 and may potentially decrease to a minimum of $1.982.

What is the Price Prediction of MERL Token for 2030?

The MERL token is anticipated to rise as high as$31.873 in 2030.

What is the Marketcap of MERL Token?

The current Marketcap of MERL stands at $275.07M.

What is the Fully diluted market cap of MERL?

The Fully diluted market cap (FDV) of MERL is $2.39B.

Where can you Trade MERL Token?

The platforms where MERL tokens can be traded include OKX, Bybit, and Gate.io.

Also Read

Should You Invest in Merlin Chain (MERL) token?

Merlin Chain has launched its token amidst the buzz surrounding Bitcoin’s halving event and the growing interest in Runestone and DEFI within the Bitcoin ecosystem. With the surge in gas fees due to heightened activity, there’s a potential niche for a layer 2 solution on Bitcoin, positioning Merlin Chain favorably in the current market climate.

However, I recommend caution rather than an all-in approach with MERL investment. Currently, the Fully Diluted Valuation (FDV) of Merlin Chain stands at a substantial $2.27 billion USD as of April 21, 2024. Without knowledge of the valuation at which initial investors participated, it’s challenging to assess whether investing at this $2 billion valuation is prudent.

Personally, I am refraining from investing in Merlin Chain at its current valuation. I prefer to wait until the FDV falls below $1 billion before considering an investment. For more impatient investors, a staggered approach—such as Dollar Cost Averaging (DCA)—could be considered: start with small amounts and increase over time.

In my view, there are likely more appealing investment opportunities in the market currently compared to Merlin Chain. Therefore, careful consideration and patience are advised when evaluating investment decisions in this space.