Merlin Chain vs Sei — how do they compare? Merlin Chain trades at Rp309.8 (market cap Rp407,36M, Rp50,2M 24h volume), while Sei trades at Rp875.57 (market cap Rp6,42T, Rp434,81M 24h volume). The key difference: Sei is far larger — about 15760× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 7,3B / 10B SEI (74%) for Sei. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Sei for 41 Days on average.
| MERL | SEI | |
|---|---|---|
Market Cap | Rp407,36M | Rp6,42T |
Volume (24h) | Rp50,2M | Rp434,81M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 7,3B / 10B SEI (74%) |
Typical Hold Time | 9 Days | 41 Days |
Signals from Pluang's Aura AI — not financial advice
Merlin Chain is currently trading at Rp309.87 with a market cap of Rp408.14 million, exhibiting a bearish technical signal driven by moving averages. The token's circulating supply is 1.3 million out of a maximum 2.1 million, with a circulation rate of 63%. Key technical indicators show oversold conditions on the RSI_6 but sell signals from ADX, with immediate support at Rp299 and resistance at Rp321. No major protocol updates or ecosystem news were identified recently.
Overall outlook remains cautious due to strong bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from oversold levels, while major risks involve low liquidity, high volatility, and the absence of recent development activity. Investors should monitor for any network updates or shifts in trading volume.
Sei is currently trading at Rp877.51 with a market cap of Rp6.38T, showing bearish technical signals with all 15 moving average indicators signaling sell. The token trades near its pivot point of Rp871, with immediate support at Rp856 and resistance at Rp890. With 74% of the maximum 10M SEI supply in circulation and an average hold time of 41 days, the asset shows moderate network adoption despite the current bearish technical outlook.
Overall outlook remains cautious with strong bearish technical pressure offset by neutral oscillators. Key opportunities include potential bounce from support levels, while major risks involve continued downward momentum if key support at Rp856 fails. Investors should monitor trading volume patterns and ecosystem developments for directional cues.
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 →Sei Network is a general-purpose, open-source Layer 1 blockchain specialized for the exchange of digital assets. The SEI platform is designed to enhance blockchain technology with features like identity management, consensus mechanisms, and scalability solutions. It aims to simplify the development process of decentralized applications while providing tools for secure and efficient user interactions.
Read more on SEI →