Compare Merlin Chain (MERL) vs Subsquid (SQD) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs Subsquid — how do they compare? Merlin Chain trades at Rp308.3 (market cap Rp405,45M, Rp54,75M 24h volume), while Subsquid trades at Rp549.55 (market cap Rp554,1M, Rp73,12M 24h volume). The key difference: Subsquid is the larger of the two by market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 1B / 1,3B SQD (76%) for Subsquid. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Subsquid for 8 Days on average.
| MERL | SQD | |
|---|---|---|
Market Cap | Rp405,45M | Rp554,1M |
Volume (24h) | Rp54,75M | Rp73,12M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 1B / 1,3B SQD (76%) |
Typical Hold Time | 9 Days | 8 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.
Subsquid (SQD) is currently trading at Rp547.62 with a market cap of Rp554.02M, exhibiting a bearish technical signal driven by moving averages. The token's circulating supply is 1M out of a max 1.3M, with a 76% circulation rate and average hold time of 8 days. No major protocol updates or ecosystem developments were noted recently.
Overall outlook remains cautious due to bearish technicals and limited fundamental catalysts. Key opportunities include potential network growth, while risks involve low liquidity and high volatility. Investors should monitor for any ecosystem developments to gauge long-term viability.
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 Subsquid
Subsquid Network is a decentralized data lake and query engine designed to provide developers with fast, permissionless access to blockchain data. Its modular architecture, secured by zero-knowledge (ZK) proofs, enables scalable blockchain indexing, decentralized application (dApp) development, and robust analytics. Unlike rigid monolithic indexing frameworks that struggle to adapt in today's rapidly evolving blockchain environment, Subsquid offers a flexible, efficient, and decentralized alternative to centralized RPC and API providers. This approach paves the way for a more open, neutral, and developer-friendly Web3.
Read more on SQD →
