Compare Merlin Chain (MERL) vs SubQuery Network (SQT) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs SubQuery Network — how do they compare? Merlin Chain trades at Rp314.58 (market cap Rp427,4M, Rp25,77M 24h volume), while SubQuery Network trades at Rp11.56 (market cap Rp32,83M, Rp6,53M 24h volume). The key difference: Merlin Chain is far larger — about 13× SubQuery Network's market cap, and Merlin Chain's supply is capped (1,4B / 2,1B MERL (65%)) while SubQuery Network's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and SubQuery Network for 3 Days on average.
| MERL | SQT | |
|---|---|---|
Market Cap | Rp427,4M | Rp32,83M |
Volume (24h) | Rp25,77M | Rp6,53M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 3,3B SQT |
Typical Hold Time | 10 Days | 3 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.
The SubQuery Network token (SQT) currently holds a market cap of Rp32.83M with a circulating supply of 3.3M tokens. The average hold time is 3 days, indicating short-term trading activity. No recent price or volume data is available in the provided snapshot. There are no major protocol updates or ecosystem developments reported recently.
Overall outlook is limited due to data gaps. Key opportunities depend on future network adoption and utility enhancements. Major risks include low liquidity, high volatility typical of small-cap crypto assets, and the absence of recent trading data for trend analysis.
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
No sentiment data available yet.
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 SubQuery Network
SubQuery is a decentralized network that empowers developers by providing essential infrastructure and tools for web3 applications. At a high level, the SubQuery Network enables developers to build and scale decentralized applications (dApps) more easily by offering a comprehensive suite of solutions.
Read more on SQT →
