Berachain vs Merlin Chain — how do they compare? Berachain trades at Rp3,382 (market cap Rp1,01T, Rp206,67M 24h volume), while Merlin Chain trades at Rp309.31 (market cap Rp406,89M, Rp47,96M 24h volume). The key difference: Berachain is far larger — about 2482.2× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,3B / 2,1B MERL (63%)) while Berachain's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Berachain for 15 Days and Merlin Chain for 9 Days on average.
| BERA | MERL | |
|---|---|---|
Market Cap | Rp1,01T | Rp406,89M |
Volume (24h) | Rp206,67M | Rp47,96M |
Circulating Supply | 298,6M BERA | 1,3B / 2,1B MERL (63%) |
Typical Hold Time | 15 Days | 9 Days |
What Pluang investors did over the last 30 days
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Berachain's PoL mechanism changes L1 economics by creating a marketplace for validators, users, and apps. Validators stake BERA to secure the network and earn BGT rewards, which they can use for application rewards. This system helps scale chain rewards based on demand for security and liquidity.
Read more on BERA →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 →