🚀 Merlin Chain Reports Significant Growth and Future Plans
#MerlinChain #Bitcoin #Layer2 #Crypto #Blockchain #CrossChain #TVL #DEX #Transactions #Security #Ecosystem #CommunityDevelopment #CryptoGrowth #OnChain
According to Foresight News, Bitcoin Layer 2 network Merlin Chain has released its semi-annual report, highlighting substantial growth and future plans. The report reveals that the network's cross-chain volume reached $16 billion, with 1.9 million on-chain addresses and 12.7 million transactions. Within 50 days of its mainnet launch, the Total Value Locked (TVL) surpassed $3.9 billion, with 88% comprising native assets like BTC and Ordinals. The market value of M-BTC in the first half of the year reached $1.2 billion. Additionally, $16 billion worth of Bitcoin was cross-chained, spot trading amounted to $1.6 billion, and perpetual contract trading reached $1.4 billion. The asset trading volume exceeded $3 billion, and DEX liquidity surpassed $78 million. Merlin Chain has also introduced a comprehensive security framework and on-chain architecture, collaborating with industry leaders such as Celestia, Cobo, and SlowMist to create a secure and transparent on-chain environment. The release rate of MERL tokens will significantly slow down in the second half of the year, with only 0.4% being released over the next 12 months. Merlin Chain plans to continue its efforts in technology, ecosystem, and community development in the second half of the year to further advance the Bitcoin ecosystem.#MerlinChain #Bitcoin #Layer2 #Crypto #Blockchain #CrossChain #TVL #DEX #Transactions #Security #Ecosystem #CommunityDevelopment #CryptoGrowth #OnChain
🚀 Bitmap Price Surges on Merlin Chain with Significant Premium
#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
According to BlockBeats, on September 10, the price of Bitmap on the Bitcoin Layer 2 network Merlin Chain reached $36.39, reflecting a 14.2% premium compared to its price of $31.85 on Bitcoin Layer 1.
Over the past seven days, Bitmap's trading volume on the decentralized exchange MerlinSwap on Merlin Chain surpassed $464,000, while on Magic Eden, it was only $88,000. This significant difference highlights the growing preference for trading Bitmap on Merlin Chain.
Additionally, the largest whale holding Bitmap has sold over 13,200 Bitmap on MerlinSwap, exchanging them for 12 Bitcoins, valued at over $680,000. This substantial transaction underscores the active trading and liquidity of Bitmap on Merlin Chain.#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
🚀 Merlin Chain Partners With BitcoinOS To Enhance Cross-Chain Security
#MerlinChain #BitcoinOS #CrossChainSecurity #Bitcoin #ZKTechnology #SmartContracts #BlockchainInnovation #CryptoPartnership #OnChainAssets #ZeroKnowledgeProof
According to Odaily, Bitcoin's layer-2 network Merlin Chain has announced a strategic partnership with Bitcoin smart contract operating system BitcoinOS. This collaboration will leverage BitcoinOS's innovative BitSNARK technology to provide a more secure cross-chain solution, safeguarding over $2.5 billion in on-chain assets.
BitcoinOS, which showcased zero-knowledge proof technology at the Bitcoin Nashville Conference in July 2024, offers one of the most advanced solutions for cross-chain Bitcoin asset transactions. By integrating BitcoinOS, Merlin Chain aims to implement cross-chain solutions without relying on multi-signature or MPC, significantly enhancing the security and efficiency of cross-chain transactions.
This partnership sets a new standard for technological security within the Bitcoin ecosystem and marks a critical milestone in Merlin Chain's 2024 technology roadmap. Merlin Chain will continue to encourage native innovation and remain at the forefront of zero-knowledge (ZK) research, dedicated to creating a secure, transparent, and decentralized on-chain environment for users and the Bitcoin ecosystem.#MerlinChain #BitcoinOS #CrossChainSecurity #Bitcoin #ZKTechnology #SmartContracts #BlockchainInnovation #CryptoPartnership #OnChainAssets #ZeroKnowledgeProof
🚀 Merlin Chain Announces Bridge to Ethereum Mainnet
#MerlinChain #Ethereum #Blockchain #Crypto #Liquidity #Tokens
According to Odaily, Merlin Chain has announced that users can now bridge MERL and MBTC tokens directly to the Ethereum mainnet. Additionally, the Merlin Foundation will offer extra incentives to encourage liquidity.#MerlinChain #Ethereum #Blockchain #Crypto #Liquidity #Tokens
🚀 Merlin Chain's Market Growth and Technological Advancements Highlighted in Messari Report
#MerlinChain #MarketGrowth #TechnologicalAdvancements #Bitcoin #Layer2 #EVMCompatible #TotalValueLocked #BlockchainTechnology #DeFi #Gaming #AI #SocialFi #Web3 #BTC
According to PANews, research firm Messari has released a detailed report analyzing Merlin Chain, highlighting its position as a leading EVM-compatible Bitcoin Layer 2 platform in integrating native Bitcoin assets.
The report emphasizes that Merlin Chain's total value locked (TVL) reached $3.5 billion by March 2024, showcasing its strong market growth and widespread adoption. Built using Polygon CDK, Merlin Chain plans to transition to Bitcoin's second-layer zero-knowledge solution, demonstrating its forward-thinking approach in blockchain technology innovation and practicality.
Additionally, the report notes that Merlin Chain's ecosystem revolves around native Bitcoin assets such as Ordinals, BRC-20s, and Runes. Its applications span across DeFi, gaming, AI, and SocialFi sectors, underscoring its leadership in expanding Bitcoin's role within the broader Web3 ecosystem.#MerlinChain #MarketGrowth #TechnologicalAdvancements #Bitcoin #Layer2 #EVMCompatible #TotalValueLocked #BlockchainTechnology #DeFi #Gaming #AI #SocialFi #Web3 #BTC
🚀 Binance Futures Launches MERLUSDT Perpetual Contract With Up to 50x Leverage
#Binance #Futures #MERLUSDT #PerpetualContract #Leverage #MerlinChain #Trading #DeFi #Web3 #Crypto #Bitcoin #Layer2 #ZKRollup #Decentralized #Oracles #FundingRate #CopyTrading #BTC
Binance Futures to Launch MERLUSDT Perpetual Contract With 50x Leverage on May 29Binance Futures continues expanding its derivatives offerings with the launch of the MERLUSDT perpetual contract, allowing users to trade Merlin Chain’s native token (MERL) against USDT with up to 50x leverage.Launch Date:May 29, 2025, at 08:30 UTCTrading Pair: MERLUSDT (USDⓈ-Margined Perpetual Contract)Key Contract Details:FeatureDetailsUnderlying AssetMERL (Merlin Chain)Settlement AssetUSDTLeverageUp to 50xFunding Rate Cap±2.00%Funding IntervalEvery 4 hoursTick Size0.00001Trading Hours24/7Multi-Assets ModeSupportedContract Address0xa0c56a8... Futures Copy Trading:MERLUSDT will also be available for Futures Copy Trading within 24 hours of its launch.What Is Merlin Chain (MERL)?Merlin Chain is a Layer 2 scaling solution designed for the Bitcoin ecosystem. It integrates ZK-Rollup networks, decentralized oracles, and fraud-proof mechanisms to enhance security, scalability, and interoperability for Bitcoin-based applications. The project aims to extend Bitcoin’s use cases beyond store-of-value, tapping into DeFi and Web3 utility.Additional NotesThe Multi-Assets Mode allows users to trade MERLUSDT using different margin assets like BTC.Trading this contract is independent of spot listing status.Binance may adjust parameters such as funding fees or leverage based on market conditions.MERL is already listed on Binance Alpha Market.#Binance #Futures #MERLUSDT #PerpetualContract #Leverage #MerlinChain #Trading #DeFi #Web3 #Crypto #Bitcoin #Layer2 #ZKRollup #Decentralized #Oracles #FundingRate #CopyTrading #BTC
🚀 CIMG Inc. Completes Stock Sale, Acquires Bitcoin
#CIMGInc #NASDAQ #IMG #digitalhealth #digitalassets #cryptocurrency #Bitcoin #MerlinChain #AI #artificialintelligence #BTC
According to PANews, CIMG Inc., a business group focused on digital health and sales expansion, announced the completion of a previously disclosed common stock sale on September 2, 2025. The company, listed on NASDAQ under the symbol IMG, sold 220 million shares at a price of $0.25 per share, raising a total of $55 million. This transaction was used to acquire 500 bitcoins.
Wang Jianshuang, Chairman and CEO of CIMG, highlighted the company's future plans to continue increasing its digital asset reserves. Additionally, CIMG aims to explore collaborations within the artificial intelligence and cryptocurrency ecosystems, including partnerships with entities like Merlin Chain.#CIMGInc #NASDAQ #IMG #digitalhealth #digitalassets #cryptocurrency #Bitcoin #MerlinChain #AI #artificialintelligence #BTC
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