Price movement over the last 24 hours
Cardano vs Merlin Chain — how do they compare? Cardano trades at Rp3,005 (market cap Rp110,32T, Rp6,19T 24h volume), while Merlin Chain trades at Rp341.2 (market cap Rp447,84M, Rp66,89M 24h volume). The key difference: Cardano is far larger — about 246338× Merlin Chain's market cap, and Cardano's circulating supply is 36,5B / 45B ADA (82%) versus 1,3B / 2,1B MERL (63%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Cardano for 122 Days and Merlin Chain for 9 Days on average.
| ADA | MERL | |
|---|---|---|
Market Cap | Rp110,32T | Rp447,84M |
Volume (24h) | Rp6,19T | Rp66,89M |
Circulating Supply | 36,5B / 45B ADA (82%) | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 122 Days | 9 Days |
Signals from Pluang's Aura AI — not financial advice
Cardano (ADA) is trading at Rp3,005 with a market cap of Rp110.32T, showing a bearish technical signal driven by moving averages while oscillators remain neutral. The asset trades near its pivot point of Rp3,047, with support at Rp2,925 and resistance at Rp3,126. With 82% of its 45M max supply in circulation and an average hold time of 122 days, the network maintains steady on-chain activity. No major protocol upgrades or ecosystem news have been reported recently, keeping fundamental developments quiet.
Overall outlook is cautious due to bearish technical pressure, though neutral RSI levels suggest limited downside momentum. Key opportunities include potential rebounds from support levels, while risks involve high volatility and regulatory uncertainty. Investors should monitor trading volume trends and broader crypto market sentiment for directional cues.
Merlin Chain is trading at Rp340.12 with a market cap of Rp441.6M, showing a bearish technical signal from moving averages but neutral oscillators. The current price sits just below the pivot point of Rp348, with immediate support at Rp335. Circulating supply is 1.3M out of 2.1M MERL (63% circulation rate), and no major protocol updates were found recently.
Overall outlook is cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while major risks involve low liquidity, high volatility, and the absence of recent ecosystem developments. Investors should monitor for any network updates or exchange listing news.
What Pluang investors did over the last 30 days
Latest headlines on both assets
A crypto asset known for its proof-of-stake (POS) blockchain. It was first developed by the co-founder of Ethereum in 2015 and launched in 2017. It is also used for the application of smart contracts. This crypto asset is also believed to be the better version of Ethereum.
Read more on ADA →Merlin Chain is a Layer 2 solution for Bitcoin that incorporates ZK-Rollup networks, decentralized oracle networks, and fraud proofs. Its goal is to enhance Bitcoin's Layer 1 assets, protocols, and applications, fostering innovation and maximizing asset potential on Layer 2. The native token, MERL, is used for staking, which contributes to the security of the Merlin Chain.
Read more on MERL →