what's Merlin Chain?
Merlin Chain is a Bitcoin Layer 2 solution designed to enhance Bitcoin's utility by enabling seamless integration of native Layer 1 assets, users, and protocols into a scalable environment. It achieves EVM compatibility, allowing developers to build decentralized applications (dApps) that leverage Bitcoin's security while benefiting from Ethereum Virtual Machine (EVM) tools and liquidity. The platform focuses on unlocking Bitcoin's potential through innovations like wrapped assets, staking mechanisms, and cross-chain interoperability. Key features include support for Bitcoin-native assets such as BRC-20 tokens and Ordinals, with modules for secure storage and liquidity provision. Merlin Chain facilitates BTC staking via integrations with protocols like Babylon, enabling liquid restaking tokens (LRTs) and diversified yields. It also supports phantom assets for permissionless interchange across chains like Bitcoin L1, Ethereum, and Solana, promoting efficient liquidity and multi-chain utilities without additional bridging assets. The ecosystem emphasizes community-driven growth through incentive programs, such as on-chain summer events with $MERL rewards, and partnerships for gaming, DeFi, and institutional finance. Governance and staking via Merlin's Seal allow users to participate in network security and earn rewards from ecosystem revenues.
Merlin Chain reached $1B TVL (BRC-20/Rune), 500K DAUs (Hyperion AI), $500M cross-chain volume (AggLayer).
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merlin-chain
ethereum
binance-smart-chain
Processed $500 million in cross-chain volume via AggLayer integration.
Running an exchange withdrawal campaign for $MERL token (Season 1 ongoing as of December 26, 2025)
Perpetual futures trading (MERL-PERP) launches on Coinbase on December 18, 2025, at 9:30 am UTC or after, subject to liquidity conditions.
Achieves #2 ranking among weekly top crypto gainers as of December 15, 2025, per CoinMarketCap, improving from 4th place on December 5.
$MERL token unlock of $16.11M is scheduled for next week, ranking 7th largest among upcoming weekly unlocks.
Ranks 4th among weekly top gainers with +18.30% price increase.
$MERL ranks among the top coins by LunarCrush AltRank for social momentum, mindshare, engagement, and community activity.
First day rewards distributed for $MERL 6-month fixed staking program, which allows instant release of staked tokens and rewards after the individual 6-month period.
$MERL achieves 206% price growth during Autumn 2025, placing 7th among the top performing crypto projects for the season.
More than 123 BTC are staked in Phase 2 BTC Staking Vault program.
$MERL falls 24.41% on Thursday November 27, listed as one of the biggest 24H losers in crypto.
$MERL increases nearly 100% in a single day and breaks through previous highs.
Token unlock worth $12.94M occurs next week for $MERL.
Upgrade completion confirmed for November 9, 2025, 12:00 PM UTC, implementing ZK verification architecture anchored to Bitcoin Mainnet with network automatically resuming normal operations.
Mainnet undergoes comprehensive ZK infrastructure, Sequencer, and validator node upgrade on November 7, 2025, at 12:00 PM UTC with 24-48 hours downtime suspending all transaction submissions. Bybit confirms support for the network upgrade.
Announces collaboration with MossAI, an AI-powered crypto assistant, and launches giveaway of 10 Moss OG Pass NFTs ending in 72 hours.
Bridge between Merlin Network and BSC/ETH networks is now available.
A significant price difference exists between PancakeSwap and centralized exchanges for MERL. Traders are warned to exercise caution when trading due to this price discrepancy.
MERL token buybacks are ongoing. Alpha Airdrop program has finished.
Market making firm Cicada joins the BTCfi Investment Program as a partner.
Binance Alpha distributes second wave airdrop of 125 MERL tokens to users with 240+ Alpha Points on first-come basis. Trading competition launches with 1,494,000 MERL reward pool, counting only cumulative purchases.
Expands to Sui Network with Axelar-powered cross-chain capabilities and MMT Finance liquidity pools.
Contract Address on Ethereum: 0x17e1709CDC1f253013a1B8B75B75fa00eFA7CCe2, Token Address: 0x2F913C820ed3bEb3a67391a6eFF64E70c4B20b19