| General information | |
|---|---|
| Global rank: | 275 |
| Name: |
Merlin Chain |
| Symbol: | MERL |
| Current coin price (SHP): | 0.232 £ |
| Last hour: | arrow_upward0.330 % |
| Last 24 hours: | arrow_downward-2.32 % |
| Last 7 days: | 0.990 %trending_up |
| Capitalisation (SHP): | 121 604 056.94 £ |
| Volume 24h (SHP): | 10 067 773.54 £ |
| Available supply: | 525 000 000.00 MERL |
| Total coin supply: | -1 MERL |
| Start date: | 2024-02-02 |
Merlin Chain/Saint Helena Pound (MERL/SHP) price chart
Merlin Chain/Saint Helena Pound (MERL/SHP) capitalisation and volume charts
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.
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.