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 Rp314.38 (market cap Rp425,41M, Rp23,65M 24h volume), while Subsquid trades at Rp765.93 (market cap Rp859,43M, Rp47,65M 24h volume). The key difference: Subsquid is far larger — about 2× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 1,1B / 1,3B SQD (84%) for Subsquid. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Subsquid for 8 Days on average.
| MERL | SQD | |
|---|---|---|
Market Cap | Rp425,41M | Rp859,43M |
Volume (24h) | Rp23,65M | Rp47,65M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 1,1B / 1,3B SQD (84%) |
Typical Hold Time | 10 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 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.
Subsquid (SQD) shows strong bullish momentum with current price at Rp791.31 and market cap of Rp895.59M. Technical indicators signal bullish trend with moving averages strongly positive (13 buy signals) while oscillators remain neutral. The token trades near pivot point resistance at Rp808 with immediate support at Rp757. With 84% of max supply in circulation and short 8-day average hold time, the asset demonstrates active trading dynamics.
Overall outlook remains cautiously optimistic given strong technical momentum, though overbought RSI readings suggest potential near-term consolidation. Key opportunities include continued ecosystem growth, while risks involve typical crypto volatility and limited fundamental developments. Investors should monitor support levels closely given the asset's recent price appreciation.
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 →
