Compare Merlin Chain (MERL) vs Walrus (WAL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Merlin Chain vs Walrus — how do they compare? Merlin Chain trades at Rp309.73 (market cap Rp408,89M, Rp56,07M 24h volume), while Walrus trades at Rp561.85 (market cap Rp1,39T, Rp61,6M 24h volume). The key difference: Walrus is far larger — about 3399.4× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,3B / 2,1B MERL (63%) versus 2,5B / 5B WAL (50%) for Walrus. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 9 Days and Walrus for 22 Days on average.
| MERL | WAL | |
|---|---|---|
Market Cap | Rp408,89M | Rp1,39T |
Volume (24h) | Rp56,07M | Rp61,6M |
Circulating Supply | 1,3B / 2,1B MERL (63%) | 2,5B / 5B WAL (50%) |
Typical Hold Time | 9 Days | 22 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.
Walrus (WAL) is currently trading at Rp560.53 with a market cap of Rp1.38 trillion, showing a bearish technical signal as indicated by moving averages. The token has a circulating supply of 2.5 million out of a maximum 5 million, with a 50% circulation rate and average hold time of 22 days. Recent trading activity reflects neutral oscillator signals and key support at Rp529.
Overall outlook remains cautious due to bearish technical indicators and limited fundamental updates. Key opportunities include potential growth from increased adoption, while major risks involve high volatility and regulatory uncertainty. Investors should monitor support levels and market sentiment closely.
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 Walrus
Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →
