$MERL The price of the MERL token (the native token of Merlin Chain, a Layer 2 solution for Bitcoin) is experiencing strong growth, with an increase of about 60% in the past 24 hours.
1. Recent mainnet upgrade – A direct triggering factor.
2. Partnerships and promotional events from Binance – Increasing liquidity and outreach.
3. Fundamental growth of the Merlin Chain ecosystem – A sustainable platform.
Bullish: MERL is at the intersection of BTC L2 + BTCFi, with strong backers (Spartan Group, OKX Ventures). If it maintains TVL and expands the app (like M-BTC on Sui), the price could exceed ATH 1.55 USD.
