Merlin Chain

Merlin Chain (MERL)

Full information about Merlin Chain (MERL). Current Merlin Chain price in PHP, MERL open/close rates, Merlin Chain history charts, Merlin Chain market capitalization and volume.

1 MERL = 17.35 ₱ Philippine Peso (PHP)
0.3087291 PHP

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 56.204504 PHP

General information
Global rank:275
Name: Merlin Chain Merlin Chain
Symbol:MERL
Current coin price (PHP):17.35 ₱
Last hour:arrow_upward0.330 %
Last 24 hours:arrow_downward-2.32 %
Last 7 days:0.990 %trending_up
Capitalisation (PHP):9 109 781 694.80 ₱
Volume 24h (PHP):754 211 836.26 ₱
Available supply:525 000 000.00 MERL
Total coin supply:-1 MERL
Start date:2024-02-02
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

Merlin Chain/Philippine Peso (MERL/PHP) price chart

Merlin Chain/Philippine Peso (MERL/PHP) capitalisation and volume charts

What is Merlin Chain (MERL)?

Merlin Chain (MERL) is a Bitcoin Layer 2 network that incorporates technologies such as ZK-Rollup, decentralised oracle networks, Data Availability, and on-chain BTC fraud proof mechanisms. Its main goal is to improve the capabilities of Bitcoin's native assets, protocols, and products through its Layer 2 network.

What is Merlin Chain (MERL) used for?

Merlin Chain is used to extend Bitcoin's functionality into Layer 2, supporting various Bitcoin Layer 1 assets and enabling the development of decentralised applications (dApps) with a focus on maintaining the decentralised ethos of Bitcoin. It serves as an EVM-compatible chain for Bitcoin, aimed at unlocking new potential for Bitcoin and Ordinals through enhanced security and practical application in a robust network environment.