Bored with the Bitcoin ecosystem lately?
Well, here’s some hot news for you—
Let’s talk about Merlin Chain ($MERL), the Bitcoin Layer 2 project that’s making serious waves!
Why is everyone suddenly talking about it?
What’s its current price? And how high could it really go?
Grab your coffee, sit back, and let’s dive in!
What Is Merlin Chain? Magic? Really?
Merlin Chain is a Bitcoin Layer 2 blockchain project designed to solve Bitcoin’s most painful problems—
the slow transaction speed and high fees.
Its goal? Super simple:
Bring Bitcoin into the world of DeFi, NFTs, GameFi, and SocialFi!
In plain English:
Merlin Chain acts like a “magic bridge,”
transforming Bitcoin from just “digital gold”
into a fun and usable playground in the Web3 world.
✨ Who’s Behind It? (Founder & Investors)
- Founder: Jeff Yin, a seasoned Web2 veteran
- Investors: Sequoia Capital, Pantera Capital, OKX Ventures (yes, the giants)
Raised a whopping $44.7 million—talk about serious backing!
🔧 The Core Tech (No Geek Talk, Just the Essentials!
- ZK-Rollup: Super-fast transactions + ultra-low fees
- Off-Chain Data Availability (DA): Relieves pressure from Bitcoin’s mainnet, making it more efficient
- EVM Compatibility: Ethereum developers can easily port dApps to the Bitcoin ecosystem
It also supports Bitcoin-native assets like BRC-20, Ordinals, Bitmap, Atomicals.
And the slogan?
“Make Bitcoin Fun Again!”
Yep, they’re serious about turning Bitcoin into a fun Web3 playground.
✨ Why Is Merlin Chain Grabbing So Much Attention?
✅ Bitcoin Ecosystem’s Game-Changer
- Ultra-fast transactions & low fees via ZK-Rollup
- Extends Bitcoin’s potential by bringing BRC-20 tokens & Ordinals into DeFi & NFTs
- Making Bitcoin fun and highly usable
✅ Developer-Friendly (Why Devs Love It)
- EVM Compatibility makes it easy for Ethereum developers
- Already has over 200 dApps and 1.9 million on-chain addresses—the ecosystem is booming!
✅ Top-Tier Investor Lineup
- Investors like OKX Ventures, Pantera Capital, and Hashed have jumped in
- Raised $44.7 million—high trust, no doubt
✅ Insane Community Power
- Attracting developers & users with its MerlinStarter launchpad and a $210M Ecosystem Grant Program
- On Twitter (X), it’s already built a strong fanbase—often called “Magic on Bitcoin.”
✅ Targeting the Korean Market (Big Time!)
- Recently listed on Coinone (KRW Market)
- Rumors of listings on Upbit and Bithumb are spreading fast among Korean crypto traders.
📈 So… What’s $MERL’s Current Price?
Here’s a quick breakdown (as of July 9, 2025):
- Current Price: ~$0.1081 (around 150 KRW)
- 24h Trading Volume: ~$15.58 million USD
- Market Cap: ~$78.4 million USD
- Circulating Supply: ~34.8% of total supply
- All-Time High: ~$0.25 (in 2024)
- All-Time Low: ~$0.05 (late 2024)
Recently, $MERL was listed on Coinone
and its Total Value Locked (TVL) has soared past $3.6 billion, making it the #1 Bitcoin Layer 2 by TVL.
🚀 Where Could $MERL Go From Here?
📌 Short-Term Outlook (2025)
Target Price: $0.10 ~ $0.30
Bullish Catalysts:
- Possible listings on Upbit and Bithumb—major Korean liquidity inflow
- Bitcoin bull run—if BTC pumps, $MERL could follow
- MerlinStarter IDOs—more dApps, more attention
Risks:
- If Bitcoin enters a bearish phase, $MERL could drop to $0.08.
📌 Mid-to-Long-Term Outlook (2026–2030)
Target Price: $0.50 ~ $2.00 (bullish scenario)
Growth Drivers:
- Expanding Bitcoin Layer 2 market
- TVL growth + improved tech stability
- Potential for 2.3% of Bitcoin’s supply to move to Layer 2 by 2030
✅ So… Should You Actually Buy $MERL?
Honestly? Merlin Chain is one of the strongest Bitcoin Layer 2 projects right now.
- TVL: $3.6 billion
- 200+ dApps
- Backed by some of the biggest VCs in crypto
And with its aggressive push into the Korean market
(Coinone listing + Upbit/Bithumb listing rumors),
it could experience a short-term surge.
But Here’s What You MUST Watch:
- Bitcoin Dependence:
If Bitcoin drops, $MERL likely drops too. - Tech Stability:
ZK-Rollup & DA are still evolving techs—watch their stability carefully.
💡 Pro Tip:
Follow @MerlinLayer2 and @merlin_wiki on X (Twitter)
Check their official website: https://merlinchain.io
→ Staying on top of community sentiment is key to successful investing!
⚠️ Disclaimer:
This post is for informational purposes only. Always do your own research (DYOR) before making any investment decisions.
Crypto is highly risky—invest responsibly!