Merlin Chain vs zkPass — how do they compare? Merlin Chain trades at Rp310.91 (market cap Rp419,42M, Rp27,27M 24h volume), while zkPass trades at Rp718.09 (market cap Rp208,06M, Rp152,18M 24h volume). The key difference: Merlin Chain is far larger — about 2× zkPass's market cap, and Merlin Chain's circulating supply is 1,4B / 2,1B MERL (65%) versus 288,3M / 1B ZKP (29%) for zkPass. Which is the better fit depends on your goals — on Pluang, investors hold Merlin Chain for 10 Days and zkPass for 8 Days on average.
| MERL | ZKP | |
|---|---|---|
Market Cap | Rp419,42M | Rp208,06M |
Volume (24h) | Rp27,27M | Rp152,18M |
Circulating Supply | 1,4B / 2,1B MERL (65%) | 288,3M / 1B ZKP (29%) |
Typical Hold Time | 10 Days | 8 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.
ZKP is currently trading at Rp736.7 with a bearish technical outlook, showing strong selling pressure across moving averages and oscillators. The token trades near its pivot point of Rp743, with immediate support at Rp727 and resistance at Rp757. With only 29% of the 1 million max supply in circulation and an average hold time of 8 days, the asset shows limited distribution but high turnover.
Overall outlook remains cautious due to bearish technical signals and limited fundamental developments. Key opportunities include potential bounce from support levels, while risks involve low liquidity (Rp212.79M market cap) and the absence of recent protocol updates or ecosystem growth catalysts.
What Pluang investors did over the last 30 days
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 →zkPass is a zkTLS-based oracle network designed to enable verifiable proofs from private Web data. It allows applications to securely verify facts from HTTPS sources without exposing personal information or requiring changes to existing systems.
Read more on ZKP →