Merlin Chain vs Ripple — how do they compare? Merlin Chain trades at Rp311.91 (market cap Rp424,06M, Rp25,98M 24h volume), while Ripple trades at Rp17,804 (market cap Rp1.117,29T, Rp16,07T 24h volume). The key difference: Ripple is far larger — about 2634745.1× Merlin Chain's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 62,7B / 100B XRP (63%) for Ripple. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and Ripple for 69 Days on average.
| MERL | XRP | |
|---|---|---|
Market Cap | Rp424,06M | Rp1.117,29T |
Volume (24h) | Rp25,98M | Rp16,07T |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 62,7B / 100B XRP (63%) |
Typical Hold Time | 10 Days | 69 Days |
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.
XRP is trading at Rp17,827, showing a bearish trend with significant selling pressure as indicated by moving averages. The token has declined 43% since early 2026, nearing potential support levels. Recent ecosystem developments include Deutsche Bank and Société Générale adopting Ripple's payment rails, and Japan's tax reforms may boost adoption. However, the market cap stands at Rp1,120.78T amid high volatility.
Overall outlook is cautious with downside risks due to technical bearishness, but long-term opportunities exist from institutional adoption and regulatory tailwinds. Key risks include prolonged downtrend, regulatory uncertainty, and low liquidity. Investors should monitor support breaks and on-chain signals for entry points.
What Pluang investors did over the last 30 days
Latest headlines on both assets
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 →A crypto asset was created by Ripple to be a speedy, less costly and more scalable alternative to both other digital assets and existing monetary payment platforms like SWIFT. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.
Read more on XRP →