Compare Merlin Chain (MERL) vs SKALE (SKL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs SKALE — how do they compare? Merlin Chain trades at Rp309.93 (market cap Rp406,55M, Rp50,2M 24h volume), while SKALE trades at Rp86.09 (market cap Rp526,89M, Rp921,8M 24h volume). The key difference: SKALE is the larger of the two by market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 6,2B / 7B SKL (89%) for SKALE. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and SKALE for 18 Days on average.
| MERL | SKL | |
|---|---|---|
Market Cap | Rp406,55M | Rp526,89M |
Volume (24h) | Rp50,2M | Rp921,8M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 6,2B / 7B SKL (89%) |
Typical Hold Time | 9 Days | 18 Days |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
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.
SKALE (SKL) is trading at Rp93.74 with a market cap of Rp552.87M, showing a bearish technical signal overall. The asset is near its pivot point of Rp75, with immediate resistance at Rp77 and support at Rp71. Key indicators like RSI are neutral, while ADX signals a strong trend. With 89% of the max supply (7M SKL) in circulation and an average hold time of 18 days, on-chain activity appears stable. No major protocol upgrades or ecosystem news have been reported recently, keeping fundamental developments quiet.
The outlook for SKL remains cautious due to bearish technical pressures and lack of fresh catalysts. Key opportunities include potential rebounds from support levels if buying interest increases. Major risks involve high volatility, low liquidity depth, and broader crypto market sentiment shifts. Investors should monitor resistance breaks and any upcoming network updates for directional cues.
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
Investor sentiment on Pluang
What Pluang investors did over the last 30 days
About Merlin Chain
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 →About SKALE
SKALE is a blockchain network built to support decentralized applications (dApps) with zero gas fees, high speed, and unlimited scalability. It consists of EVM-compatible Layer 1 blockchains, called SKALE Chains, which can be dedicated to a single dApp or shared among multiple dApps. These modular chains provide pooled security, dynamic scaling, and flexible resource allocation, making dApp deployment more efficient and user-friendly.
Read more on SKL →
