Layer3 vs Merlin Chain — how do they compare? Layer3 trades at Rp72.16 (market cap Rp106,18M, Rp10,99M 24h volume), while Merlin Chain trades at Rp312.84 (market cap Rp424,06M, Rp25,98M 24h volume). The key difference: Merlin Chain is far larger — about 4× Layer3's market cap, and Layer3's circulating supply is 1,5B / 3,3B L3 (45%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Layer3 for 9 Days and Merlin Chain for 10 Days on average.
| L3 | MERL | |
|---|---|---|
Market Cap | Rp106,18M | Rp424,06M |
Volume (24h) | Rp10,99M | Rp25,98M |
Circulating Supply | 1,5B / 3,3B L3 (45%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 9 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Layer3 (L3) is trading at Rp72,854 with a market cap of Rp107.51 million, showing a bearish technical signal overall despite bullish oscillators. The token has a circulating supply of 1.5 million out of a max 3.3 million, with a 45% circulation rate and average hold time of 9 days. No major protocol updates or ecosystem news are available recently.
The outlook is cautious due to bearish momentum and limited liquidity. Key opportunities include potential growth from increased adoption if network activity rises, but risks involve high volatility, low market cap vulnerability, and regulatory uncertainty in the crypto space. Investors should monitor trading volume and on-chain metrics closely.
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.
What Pluang investors did over the last 30 days
Layer3 is a multi-utility token with a total supply of 3,333,333,333 tokens, designed to support a staking ecosystem with layered rewards and burn mechanisms. Users can stake L3 to earn passive income and unlock additional governance tokens (e.g., OP, ARB) through active participation. Burning L3 tokens grants access to the Layer3 network, allows for quest posting, and facilitates the use of CUBE credentials—unique identifiers for omnichain achievements. Burned tokens also provide perks across partner ecosystems, such as early access, fee discounts, exclusive NFTs, and more.
Read more on L3 →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 →