Merlin Chain vs Rain — how do they compare? Merlin Chain trades at Rp316.03 (market cap Rp424,59M, Rp22,57M 24h volume), while Rain trades at Rp228.38 (market cap Rp163,1T, Rp656,62M 24h volume). The key difference: Rain is far larger — about 384135.3× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 716,6B / 1,1T RAIN (63%) for Rain. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Rain for 2 Days on average.
| MERL | RAIN | |
|---|---|---|
Market Cap | Rp424,59M | Rp163,1T |
Volume (24h) | Rp22,57M | Rp656,62M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 716,6B / 1,1T RAIN (63%) |
Typical Hold Time | 10 Days | 2 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.
RAIN is currently trading at Rp226.22 with a market cap of Rp163.96T, showing bearish technical signals across moving averages and oscillators. The token's circulating supply is 716.6M out of a max 1.1T, with a 63% circulation rate. Recent ecosystem activity includes a major exchange listing on Gate.io and significant trading volume growth reported by Enlivex in July 2026.
Overall outlook remains cautious due to strong bearish momentum, though oversold RSI levels near 28 suggest potential for short-term rebounds. Key risks include high volatility, regulatory uncertainty, and dependence on ecosystem adoption. Opportunities lie in protocol expansion and increasing exchange liquidity.
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 →RAIN is the native token of Rain Protocol, a decentralized prediction market platform on Arbitrum where users can create and participate in markets based on verifiable real-world events. The protocol uses an automated market maker to price market outcomes. RAIN provides access to prediction markets, supports protocol governance through the Rain DAO, and rewards market creators, liquidity providers, and resolvers.
Read more on RAIN →