Merlin Chain vs Open Gradient — how do they compare? Merlin Chain trades at Rp312.84 (market cap Rp424,06M, Rp25,98M 24h volume), while Open Gradient trades at Rp1,634 (market cap Rp350,39M, Rp170,8M 24h volume). The key difference: Merlin Chain is the larger of the two by market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 213,8M / 1B OPG (22%) for Open Gradient. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Open Gradient for 5 Days on average.
| MERL | OPG | |
|---|---|---|
Market Cap | Rp424,06M | Rp350,39M |
Volume (24h) | Rp25,98M | Rp170,8M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 213,8M / 1B OPG (22%) |
Typical Hold Time | 10 Days | 5 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.
Open Gradient (OPG) is currently trading at Rp1,624.65 with a market cap of Rp346.34 million, exhibiting a bearish technical signal overall. The asset is in a neutral zone according to oscillators but faces strong selling pressure from moving averages. Key support lies at Rp1,603, with resistance at Rp1,677. No recent protocol updates or significant ecosystem developments have been reported.
The outlook remains cautious due to prevailing bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from support levels, while major risks involve low liquidity, high volatility, and the absence of recent positive developments. Investors should monitor for any shifts in on-chain activity or exchange listings.
What Pluang investors did over the last 30 days
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 →OPG is the native asset of Open Gradient, a protocol focused on enabling collaboration, coordination, and value exchange around AI models and AI-generated outputs. The ecosystem combines blockchain infrastructure with artificial intelligence to support decentralized participation in the development, deployment, and utilization of AI technologies.
Read more on OPG →