Chainlink vs Merlin Chain — how do they compare? Chainlink trades at Rp157,743 (market cap Rp117,72T, Rp3,87T 24h volume), while Merlin Chain trades at Rp317.13 (market cap Rp427,05M, Rp22,72M 24h volume). The key difference: Chainlink is far larger — about 275658.6× Merlin Chain's market cap, and Chainlink's circulating supply is 748,1M / 1B LINK (75%) versus 1,4B / 2,1B MERL (65%) for Merlin Chain. Which is the better fit depends on your goals — on Pluang, investors hold Chainlink for 62 Days and Merlin Chain for 10 Days on average.
| LINK | MERL | |
|---|---|---|
Market Cap | Rp117,72T | Rp427,05M |
Volume (24h) | Rp3,87T | Rp22,72M |
Circulating Supply | 748,1M / 1B LINK (75%) | 1,4B / 2,1B MERL (65%) |
Typical Hold Time | 62 Days | 10 Days |
Signals from Pluang's Aura AI — not financial advice
Chainlink (LINK) currently trades at Rp157,743 with a market cap of Rp117.72T, showing bullish technical signals with 17 buy indicators versus 3 sell. The token sits above key support at Rp155,489 with resistance at Rp159,591. Recent news highlights Chainlink's role in bridging blockchain with real-world data, though some articles note price volatility. The circulating supply stands at 748.1M LINK (75% of max supply), with average hold time of 62 days indicating moderate investor confidence.
Overall outlook remains cautiously optimistic given strong technical momentum and ecosystem relevance, but investors should monitor RSI levels suggesting potential overbought conditions and regulatory developments affecting crypto task forces. Major risks include typical crypto volatility and dependency on broader market sentiment.
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
Latest headlines on both assets
Founded in 2017 by Sergey Nazarov , Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
Read more on LINK →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 →