Merlin Chain vs Sei — how do they compare? Merlin Chain trades at Rp319.61 (market cap Rp436,33M, Rp26,53M 24h volume), while Sei trades at Rp731.24 (market cap Rp5,36T, Rp513,98M 24h volume). The key difference: Sei is far larger — about 12284.3× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 7,3B / 10B SEI (74%) for Sei. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Sei for 42 Days on average.
| MERL | SEI | |
|---|---|---|
Market Cap | Rp436,33M | Rp5,36T |
Volume (24h) | Rp26,53M | Rp513,98M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 7,3B / 10B SEI (74%) |
Typical Hold Time | 10 Days | 42 Days |
Signals from Pluang's Aura AI — not financial advice
Merlin Chain is trading at Rp322.53, with a market cap of Rp435.78 million. The technical outlook is bullish, supported by moving averages, though oscillators are neutral. Key resistance lies at Rp370 and support at Rp305. The circulating supply is 1.4 million MERL out of a max 2.1 million, with a 65% circulation rate. No major protocol updates or ecosystem news were identified in recent research.
Overall outlook is cautiously optimistic due to bullish technical signals, but high RSI levels suggest potential overbought conditions. Key opportunities include network growth potential with remaining token supply. Major risks involve high volatility, limited liquidity, and regulatory uncertainties common to cryptocurrencies. Investors should monitor support levels closely.
Sei is currently trading at Rp740.19 with a market cap of Rp5.42T, showing bearish technical signals despite oversold RSI readings. The token faces selling pressure with moving averages indicating a downtrend, though oscillators suggest potential reversal. With 74% of the 10M max supply in circulation and average hold time of 42 days, the asset demonstrates moderate network participation. Recent ecosystem developments focus on blockchain infrastructure enhancements and protocol upgrades.
Overall outlook remains cautious with technical weakness but potential for short-term bounce given oversold conditions. Key opportunities include protocol upgrades and growing ecosystem adoption, while major risks involve continued selling pressure, regulatory uncertainty, and market volatility. Investors should monitor key support at Rp692 and resistance at Rp735 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 →