Get ready for the Bitcoin Layer 2 revolution because Merlin Chain ($MERL ) is making massive waves! Currently trading at $0.048569 with a $54.64M Market Cap, this powerhouse uses ZK-Rollup technology and decentralized oracles to bring Ethereum-style smart contracts and high-speed DeFi directly to the Bitcoin ecosystem. While the chart shows a period of cooling after a steep decline, the price is currently consolidating near a local floor of $0.042692, with over 17,600 holders betting on a trend reversal as it tests the MA(7) resistance. With a robust $310K in chain liquidity and a fully diluted valuation of $102M, $MERL is positioned as a critical infrastructure play for anyone looking to scale BTC assets like Ordinals and BRC-20s without sacrificing security.

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