Merlin Chain vs Newton Protocol — how do they compare? Merlin Chain trades at Rp316.72 (market cap Rp426,28M, Rp26,2M 24h volume), while Newton Protocol trades at Rp666.22 (market cap Rp208,67M, Rp39,85M 24h volume). The key difference: Merlin Chain is far larger — about 2× Newton Protocol's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 312,8M / 1B NEWT (32%) for Newton Protocol. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Newton Protocol for 26 Days on average.
| MERL | NEWT | |
|---|---|---|
Market Cap | Rp426,28M | Rp208,67M |
Volume (24h) | Rp26,2M | Rp39,85M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 312,8M / 1B NEWT (32%) |
Typical Hold Time | 10 Days | 26 Days |
Signals from Pluang's Aura AI — not financial advice
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.
Newton Protocol (NEWT) is currently trading at Rp672.2 with a market cap of Rp210.53M, showing bearish technical signals despite oversold RSI conditions. The token faces selling pressure with moving averages indicating a downtrend, though oscillators suggest potential near-term recovery. With only 32% of the 1M max supply in circulation and an average hold time of 26 days, the token shows moderate network participation. Recent ecosystem developments focus on protocol integrations and payment system enhancements.
Overall outlook remains cautious with technical weakness but potential for oversold bounce. Key opportunities include the low circulating supply creating scarcity potential, while major risks involve the bearish trend continuation and limited liquidity. Investors should monitor support at Rp650 and resistance at Rp682 for directional cues.
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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 →The Newton Protocol serves as a verifiable automation layer for on-chain finance, enabling users to delegate complex, cross-chain actions to AI agents while ensuring that each step adheres to user-DeFined guidelines through cryptographic guarantees. It combines smart accounts, such as ERC-4337 and EIP-7702, to allow for detailed delegation, along with trusted execution environment (TEE) attestations and zero-knowledge proofs (ZKPs) to verify the correctness of every off-chain decision. The ultimate aim is to transform automation into a trust-minimized framework, thereby facilitating agentic finance across multiple blockchains.
Read more on NEWT →