Merlin Chain (MERL), as a native Bitcoin Layer 2 solution, has locked over $3.5 billion TVL within 30 days of its mainnet launch since its inception. As of 2025, MERL's market capitalization has reached $351,876,935, with a circulating supply of approximately 978,958,758 tokens, and a price hovering around $0.35944. This asset, hailed as "Bitcoin's Fun Layer 2," is playing an increasingly crucial role in empowering Bitcoin's native assets, protocols, and products.
This article will comprehensively analyze MERL's price trends from 2025 to 2030, combining historical patterns, market supply and demand, ecosystem development, and macroeconomic environment to provide investors with professional price predictions and practical investment strategies.
As of October 17, 2025, MERL is trading at $0.35944, with a market capitalization of $351,876,935. The token has shown strong performance in the past 24 hours, with a 21.38% increase. The 7-day trend is also positive, showing a 5.58% gain. More impressively, MERL has experienced a significant 91.44% surge over the past 30 days, indicating growing market interest and adoption.
The current price is considerably higher than its all-time low of $0.0623, recorded on February 3, 2025, but still well below its all-time high of $1.888, reached on April 19, 2024. This suggests potential room for growth if market conditions remain favorable.
MERL's trading volume in the last 24 hours stands at $12,380,897, reflecting active market participation. The token's circulating supply is 978,958,758 MERL, which represents 46.62% of its total supply of 2,100,000,000 MERL.
Click to view the current MERL market price
2025-10-17 Fear and Greed Index: 28 (Fear)
Click to view the current Fear & Greed Index
The crypto market is currently experiencing a fearful sentiment, with the Fear and Greed Index standing at 28. This indicates a cautious mood among investors, potentially presenting buying opportunities for those with a long-term perspective. However, it's crucial to remember that market sentiment can shift rapidly. Traders should exercise caution, conduct thorough research, and consider diversifying their portfolios to mitigate risks in this uncertain environment. As always, it's advisable to stay informed about market trends and global events that may impact cryptocurrency valuations.
The address holdings distribution data for MERL reveals a highly concentrated ownership structure. The top address holds a substantial 34.68% of the total supply, with the top five addresses collectively controlling 66.02% of MERL tokens. This concentration level raises concerns about the token's decentralization and potential market manipulation risks.
Such a concentrated distribution may lead to increased price volatility and susceptibility to large sell-offs if major holders decide to liquidate their positions. The dominance of a few addresses also suggests that MERL's governance and decision-making processes could be heavily influenced by a small number of large token holders, potentially compromising the project's decentralization ethos.
While the presence of a 33.98% distribution among "Others" indicates some level of wider adoption, the overall token distribution structure of MERL appears to be skewed towards a small group of dominant holders. This raises questions about the token's long-term stability and its ability to maintain a balanced market structure.
Click to view the current MERL holdings distribution
Top | Address | Holding Qty | Holding (%) |
---|---|---|---|
1 | 0xa2ff...ad8443 | 693103.78K | 34.68% |
2 | 0x6353...326813 | 303643.79K | 15.19% |
3 | 0x6414...f10d59 | 130148.10K | 6.51% |
4 | 0xdc94...a44536 | 103782.44K | 5.19% |
5 | 0xbd37...4f45ab | 88851.83K | 4.45% |
- | Others | 678937.92K | 33.98% |
年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
---|---|---|---|---|
2025 | 0.42152 | 0.35722 | 0.3465 | 0 |
2026 | 0.47114 | 0.38937 | 0.3115 | 8 |
2027 | 0.58514 | 0.43025 | 0.3442 | 19 |
2028 | 0.66001 | 0.5077 | 0.36047 | 41 |
2029 | 0.85243 | 0.58385 | 0.54882 | 62 |
2030 | 1.03412 | 0.71814 | 0.51706 | 99 |
(1) Long-term Holding Strategy
(2) Active Trading Strategy
(1) Asset Allocation Principles
(2) Risk Hedging Solutions
(3) Secure Storage Solutions
MERL shows promise as a Bitcoin Layer 2 solution with strong initial traction. However, investors should be aware of the high volatility and potential risks associated with emerging blockchain technologies.
✅ Beginners: Start with small positions and focus on education about Layer 2 technologies ✅ Experienced investors: Consider a moderate allocation based on risk tolerance and Bitcoin market outlook ✅ Institutional investors: Evaluate MERL as part of a diversified crypto portfolio, focusing on its potential to enhance Bitcoin's ecosystem
Cryptocurrency investments carry extremely high risks, and this article does not constitute investment advice. Investors should make decisions carefully based on their own risk tolerance and are advised to consult professional financial advisors. Never invest more than you can afford to lose.
Merlin Crypto aims to integrate with Sui in August 2025, expanding cross-chain DeFi opportunities. Its success depends on execution and market competition. Ongoing token unlocks may impact price dynamics.
MERL is the native cryptocurrency of Merlin Chain, enhancing Bitcoin's Layer 2 with scalability and DeFi features. It aims to improve transaction speeds and reduce fees.
Bitcoin is predicted to have the highest price in 2026, potentially reaching several trillion dollars in market cap due to mass adoption and current trends.
MERL is a governance token for the Merlin Chain ecosystem, allowing holders to participate in decision-making and network development.
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