Merlin Chain vs Polygon — how do they compare? Merlin Chain trades at Rp316.36 (market cap Rp426,28M, Rp26,2M 24h volume), while Polygon trades at Rp1,311 (market cap Rp14,06T, Rp593,81M 24h volume). The key difference: Polygon is far larger — about 32983× Merlin Chain's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while Polygon's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Polygon for 71 Days on average.
| MERL | POL | |
|---|---|---|
Market Cap | Rp426,28M | Rp14,06T |
Volume (24h) | Rp26,2M | Rp593,81M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 10,7B POL |
Typical Hold Time | 10 Days | 71 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.
Polygon (POL) currently trades at Rp1,310 with a market cap of Rp14.08T, showing bearish technical signals across moving averages and oscillators. The token faces selling pressure with key support at Rp1,267 and resistance at Rp1,327. Network activity shows an average hold time of 71 days, indicating moderate holder conviction despite current market weakness.
Overall outlook remains cautious with technical indicators favoring sellers. Key opportunities include potential bounce from support levels, while risks include continued bearish momentum and broader crypto market volatility. Investors should monitor network adoption metrics for fundamental strength signals.
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 Polygon Ecosystem Token serves as a utility token within the expansive Polygon network. This digital asset plays a crucial role in facilitating a wide range of operations and services across the Polygon ecosystem. Its primary functions include staking, where token holders can lock up their tokens as a form of security and in return, participate in the network's consensus mechanisms. This not only helps in securing the network but also rewards the stakeholders with additional tokens based on the amount staked.
Read more on POL →