#merl Merlin Chain (MERL) is a Layer-2 solution designed to enhance Bitcoin's scalability, efficiency, and functionality. Its current price is around $0.3291 to $0.34539, with a 24-hour trading volume of $1.64 billion to $2.01 billion. The market capitalization stands at approximately $331.5 million to $407.01 million, with a circulating supply of 978.96 million to 1.02 billion MERL tokens.
*Key Features:*
- *Layer-2 Solution*: Enhances Bitcoin's scalability and efficiency
- *ZK-Rollup Technology*: Batches multiple transactions together for faster processing
- *Decentralized Oracle Networks*: Provides secure and reliable data feeds
- *Governance*: MERL token holders participate in voting on key proposals
*Token Use Cases:*
- *Staking*: Contributes to network security and earns rewards
- *Collator Delegation*: Supports network validators
- *Transaction Fees*: Pays for network transactions
- *Native Liquidity and Collateral*: Facilitates transactions within the ecosystem
*Market Performance:*
- *24-hour Price Change*: -0.93% to +1.41%
- *7-day Price Change*: -2.34% to -8.39%
- *Market Cap Rank*: #135 to 
#204 $MERL