Compare Kusama (KSM) vs Merlin Chain (MERL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Kusama vs Merlin Chain — how do they compare? Kusama trades at Rp50,943 (market cap Rp950,57M, Rp34,49M 24h volume), while Merlin Chain trades at Rp310.36 (market cap Rp424,06M, Rp25,98M 24h volume). The key difference: Kusama is far larger — about 2.2× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Kusama's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Kusama for 78 Days and Merlin Chain for 10 Days on average.
| KSM | MERL | |
|---|---|---|
Market Cap | Rp950,57M | Rp424,06M |
Volume (24h) | Rp34,49M | Rp25,98M |
Circulating Supply | 18,7M KSM | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 78 Days | 10 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Kusama (KSM) is trading at Rp51,260 with a bearish technical signal, as moving averages indicate strong selling pressure while oscillators are neutral. The current price sits near the pivot point of Rp51,485, with immediate support at Rp50,843. On-chain metrics show an average hold time of 78 days, suggesting reduced selling urgency. Recent ecosystem activity includes ongoing parachain auctions and network upgrades, though no major protocol changes were reported in the last month.
Overall outlook remains cautious due to bearish technicals and muted network growth. Key opportunities lie in potential bullish RSI divergence and oversold conditions, but risks include low liquidity and crypto market volatility. Investors should monitor parachain adoption and broader market sentiment for directional cues.
Merlin Chain is currently trading at Rp318.44 with a market cap of Rp430M, showing bearish technical signals as it trades below the pivot point of Rp323. The token has 65% of its maximum 2.1M supply in circulation with an average hold time of 10 days. Technical indicators show mixed signals with bearish moving averages but neutral oscillators, while the asset trades near key support at Rp315.
Overall outlook remains cautious with bearish technical pressure, though neutral oscillators suggest potential consolidation. Key opportunities include proximity to support levels for potential rebounds, while risks include limited liquidity and the bearish trend continuation. Investors should monitor volume patterns and network developments closely.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Kusama
Kusama is an experimental version of Polkadot and built by the same team. It was designed to provide unprecedented interoperability and scalability for developers.
Read more on KSM →About Merlin Chain
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 →
