Merlin Chain Price

Track Merlin Chain Price Today, Live MERL Price Chart & Market Cap

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Merlin Chain Price	$ 0.01725
Market Cap	$ 23.33M
Diluted Market Cap	$ 36.22M
24H Volume	$ 5.79M
Vol. / M. Cap Ratio	0.2482
Dominance	0.00%
ATH	$ 1.45(-99%)
ATH Date	Apr 19, 2024
ATL	$ 0.01574
ATL Date	Jun 26, 2026
Cycle Low	$ 0.01574
Cycle High	$ 0.02034
Circ. Supply	1.35B (64%)
Total Supply	2.10B
Max Supply	2.10B
Supply Inflation	86.56% (High)
Volatility	6.98% (High)
Platform	MERL
Release Date
Fear & Greed Index	25 (Extreme Fear)
Sentiment	Bearish
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Merlin Chain price today is $ 0.01725 with a 24-hour trading volume of $ 5.79M market cap of $ 23.33M, and market dominance of 0.00%. MERL price increased 1.18% in the last 24 hours.

Merlin Chain reached its highest price on Apr 19, 2024 when it was trading at its all-time high of $ 1.45, while Merlin Chain's lowest price was recorded on Jun 26, 2026 when it was trading at its all-time low of $ 0.01574. The lowest price since it's ATH was $ 0.01574 (cycle low). The highest MERL price since the last cycle low was $ 0.02034 (cycle high).The Merlin Chain price prediction sentiment is currently bearish, while Fear & Greed Index is showing 25 (Extreme Fear).

Merlin Chain's current circulating supply is 1.35B MERL out of max supply of 2.10B MERL. The current yearly supply inflation rate is 86.56% meaning 627.55M MERL were created in the last year. In terms of market cap, Merlin Chain is currently ranked #13 in the Layer 2 sector.

Highlights

Positive performance compared to token sale price
Has high liquidity based on its market cap
Trading on KuCoin

Risk Analysis

Price dropped significantly over the past year, down -85%
Outperformed by 97% of the top 100 crypto assets in 1 year
Outperformed by Bitcoin and Ethereum
Trading below the 200-day simple moving average
Only 11 green days in the last 30 days (37%)
Down -99% from all-time high
Yearly inflation rate is 86.56%

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Merlin Chain Token Sale

Initial Price	$ 0.0000476
Start Date	Feb 5, 2024
End Date	Apr 26, 2024
ROI [USD]	362.35x
ROI [BTC]	-
ROI [ETH]	-
Type	IDO
Launchpad	People’s Alliance
More Info	Merlin Chain IDO

The price of Merlin Chain in the IDO was $ 0.0000476 and the token sale ended on Apr 26, 2024. Since then, MERL price increased 362.35x against US Dollar, decreased x against Ethereum and decreased x against Bitcoin. To learn more about Merlin Chain IDO click here.

Merlin Chain Performance

Change	1H	24H	7D	1M	3M	6M	YTD	1Y	3Y	5Y	ALL
MERL/USD	-0.12%	1.18%	3.42%	-18.93%	-50.92%	-89.23%	-94.44%	-85.17%	-98.69%	-98.69%	-98.69%
MERL/BTC	0.03%	-1.72%	-2.12%	-21.54%	-42.12%	-85.35%	-92.56%	-73.39%	-99.41%	-99.37%	--
MERL/ETH	0.34%	-2.24%	-4.47%	-27.52%	-39.27%	-83.24%	-91.45%	-71.04%	-98.72%	-98.64%	--
MERL/USDT	-0.12%	1.18%	3.42%	-18.93%	-50.92%	-89.23%	-94.44%	-85.17%	-98.69%	-98.69%	-98.69%

Merlin Chain price in US Dollar has decreased by -18.93% in the last 1 month. MERL is down -27.52% against Ethereum and down -21.54% against Bitcoin in the last 1 month.

Merlin Chain Quarterly Returns

Year	Q1	Q2	Q3	Q4	Total
2024	--	-77.10%	0.89%	-6.43%	-78.39%
2025	-63.97%	-14.51%	249.49%	-2.60%	4.85%
2026	-91.94%	-22.47%	--	--	--
Average	-77.95%	-38.03%	125.19%	-4.52%	-36.77%

The top-performing year for Merlin Chain was 2025 when the price of MERL increased by from $ 0.2840 to $ 0.2977. The worst performing year for Merlin Chain was 2024 when the price decreased by from $ 1.31 to $ 0.2840. The average yearly growth of Merlin Chain over the last 3 years is per year. Usually, Merlin Chain performs best in Q3 with an average of gain and worst in Q1 with loss.

MERL Exchanges

Merlin Chain is being traded on 31 cryptocurrency exchanges, including KuCoin and Kraken. $ 5.79M worth of Merlin Chain changed hands in the last 24 hours. If you wish to purchase MERL, check our guide on how to buy Merlin Chain in 6 steps.

Exchange	Price	Price/Volume		Action
KuCoin	$ 0.01745$ 644.18	$ 0.01745	$ 644.18	Trade Now
Kraken	$ 0.01739$ 3,148.24	$ 0.01739	$ 3,148.24	Trade Now
Bybit	$ 0.01736$ 87,024	$ 0.01736	$ 87,024	Trade Now
OKX	$ 0.01737$ 233,082	$ 0.01737	$ 233,082	Trade Now
Gate	$ 0.01735$ 10,793	$ 0.01735	$ 10,793	Trade Now
Binance Futures	$ 0.01733$ 811,946	$ 0.01733	$ 811,946	Trade Now
MEXC	$ 0.01736$ 57,568	$ 0.01736	$ 57,568	Trade Now
PrimeXBT	$ 0.01734$ 55.39	$ 0.01734	$ 55.39	Trade Now
BitMart	$ 0.01729$ 551,709	$ 0.01729	$ 551,709	Trade Now
Bitget	$ 0.01735$ 18,976	$ 0.01735	$ 18,976	Trade Now

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About Merlin Chain

Merlin Chain is a Bitcoin Layer 2 that integrates the ZK-Rollup network, decentralized oracle network, Data Availability, and on-chain BTC fraud proof modules. Merlin Chain is committed to empowering Bitcoin's native assets, protocols, and products on Layer1 through its Layer 2 network, to Make Bitcoin Fun Again.

Merlin Chain leverages zero-knowledge proofs submitted to Bitcoin for verification of commitments, providing enhanced support to the Bitcoin network. It allows challengers to present fraud proofs on disputed matters, utilizing Bitcoin's robust consensus mechanism to ensure the security of the Merlin Chain network. This ensures a secure, practical, comprehensive, and economically efficient network environment for users within the ecosystem.

Merlin Chain aims to expand the native innovation from Bitcoin Layer 1 to Layer 2. This includes supporting all kinds of Bitcoin Layer 1 assets, building dApps with 'fully on chain' spirit of Bitcoin, and community driven assets launching method. Merlin is trying to build a EVM compatible chain for Bitcoin, to unleash the potential of Bitcoin and Ordinals.

Merlin Chain News

AXS up +34.11%, BTC +0.71%, Axie Infinity is The Coin of The Day - Daily Market Update for Jan 27, 2026

6 months ago | CoinCodex.com

Today's top gainer is Axie Infinity with a +34.11% price increase. Bitcoin up by +0.71% in the last 24 hours. The coin of the day is Axie Infinity. The total market cap increased by +0.67%.

KAIA up +38.29%, BTC +0.17%, Kaia is The Coin of The Day - Daily Market Update for Jan 24, 2026

6 months ago | CoinCodex.com

Today's top gainer is Kaia with a +38.29% price increase. Bitcoin up by +0.17% in the last 24 hours. The coin of the day is Kaia. The total market cap increased by +0.23%.

STG up +20.59%, BTC -0.45%, LayerZero is The Coin of The Day - Daily Market Update for Jan 23, 2026

6 months ago | CoinCodex.com

Today's top gainer is Stargate Finance with a +20.59% price increase. Bitcoin down by -0.45% in the last 24 hours. The coin of the day is LayerZero. The total market cap decreased by -0.57%.

Bitget Tops 42 Months Of Verified and Secure Proof Of Reserves With 127% Total Reserve Ratio For June 2026

a month ago | ChainWirePress Release

Bithumb Announces Crucial MERL Suspension for Major Merlin Chain Network Upgrade

6 months ago | bitcoinworld

BitcoinWorld Bithumb Announces Crucial MERL Suspension for Major Merlin Chain Network Upgrade SEOUL, South Korea – January 20, 2025 – In a move impacting thousands of traders, the prominent South Korean cryptocurrency exchange Bithumb has announced...

BERA up +12.94%, BTC -0.95%, Pendle is The Coin of The Day - Daily Market Update for Jan 20, 2026

6 months ago | CoinCodex.com

Today's top gainer is Berachain with a +12.94% price increase. Bitcoin down by -0.95% in the last 24 hours. The coin of the day is Pendle. The total market cap decreased by -0.32%.

AXS up +37.91%, BTC -0.14%, The Sandbox is The Coin of The Day - Daily Market Update for Jan 18, 2026

6 months ago | CoinCodex.com

Today's top gainer is Axie Infinity with a +37.91% price increase. Bitcoin down by -0.14% in the last 24 hours. The coin of the day is The Sandbox. The total market cap decreased by -0.04%.

Stabliq Wallet Introduces Non-Custodial Multi-Chain Stablecoin Management with Gasless Ethereum Swaps

a month ago | ChainWirePress Release

VIRTUAL up +17.81%, BTC +0.95%, Virtual Protocol is The Coin of The Day - Daily Market Update for Jan 05, 2026

7 months ago | CoinCodex.com

Today's top gainer is Virtual Protocol with a +17.81% price increase. Bitcoin up by +0.95% in the last 24 hours. The coin of the day is Virtual Protocol. The total market cap increased by +1.96%.

FTT up +29.19%, BTC +1.43%, Virtual Protocol is The Coin of The Day - Daily Market Update for Jan 03, 2026

7 months ago | CoinCodex.com

Today's top gainer is FTX Token with a +29.19% price increase. Bitcoin up by +1.43% in the last 24 hours. The coin of the day is Virtual Protocol. The total market cap increased by +1.91%.

AMP up +32.51%, BTC -0.86%, Story is The Coin of The Day - Daily Market Update for Jan 01, 2026

7 months ago | CoinCodex.com

Today's top gainer is Amp with a +32.51% price increase. Bitcoin down by -0.86% in the last 24 hours. The coin of the day is Story. The total market cap decreased by -0.68%.

OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

2 months ago | ChainWirePress Release

Merlin Chain is Trading 28.02% Above Our Price Prediction for Jan 02, 2026

7 months ago | CoinCodex.com

Merlin Chain is predicted to decrease -23.45% in the next 5 days and hit a price target of $0.269293 per MERL. Check out today's Merlin Chain price prediction to learn why.

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