Binance Alpha #Binance has launched Merlin Chain (MERL).
As a leading global cryptocurrency trading platform, Binance's launch of the Alpha section brings significant exposure opportunities for Merlin Chain. Through the airdrop activity of Binance Alpha (eligible users holding 193 Alpha points can claim 1000 MERL tokens), Merlin Chain can quickly attract more users to participate and expand its community scale. According to Binance's announcement, the activity starts on May 20, 2025, at 9:00 UTC, and users must confirm their claim within 24 hours, otherwise it will be considered forfeited.
What does Merlin do?
As an EVM-compatible Bitcoin Layer 2 solution, Merlin Chain focuses on low fees and high scalability, supporting Bitcoin protocols such as BRC20 and BRC420, providing a more efficient trading experience for Bitcoin network users. The ZK-Rollup technology it employs significantly reduces the burden on the Bitcoin mainnet by aggregating a large number of transactions into batches and processing them off-chain, while maintaining the security and low cost of transactions. Additionally, Merlin Chain ensures the transparency and reliability of data management through a decentralized oracle network, further enhancing the competitiveness of its ecosystem.
With the launch of Binance Alpha, Merlin Chain not only gained higher market exposure and technical recognition but also attracted more users through airdrops and trading competitions. Its technological advantages and community-driven model provide a solid foundation for the project's long-term development; however, market fluctuations and user sentiment remind us that the performance of new tokens post-launch still requires close attention. For investors and users focused on the Bitcoin Layer 2 ecosystem, Merlin Chain is a project worth following.