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>>Merlin Chain (MERL) skyrockets, with a remarkable 17% surge earning it a place among the crypto elite’s top 100.

Merlin Chain (MERL) skyrockets, with a remarkable 17% surge earning it a place among the crypto elite’s top 100.

crypthub

3 days ago

Rally Overview

Merlin Chain (MERL) surged 17% in 24 hours, briefly hitting $0.44 on OKX. The jump pushed MERL into the top 100 cryptocurrencies by market cap. This milestone marks a strong boost in visibility and investor interest.

Drivers Behind the Surge

Growth in the Bitcoin Layer‑2 ecosystem has drawn attention to MERL as a native solution. On‑chain activity, possible protocol upgrades, and partnership rumors likely fueled buying pressure. Breaking into the top 100 creates a feedback loop that further amplifies demand.

Implications of Top‑100 Status

Entry into the top 100 signals market confidence and enhances credibility. The token gains greater exposure on tracking sites, attracting new investors and institutional funds. Sustaining this rank will require real utility and continued ecosystem development.

Future Momentum and Risks

While the rally demonstrates strong short‑term momentum, crypto markets remain volatile and corrections are possible. Long‑term value depends on genuine adoption of Merlin Chain’s scaling solution, overall Bitcoin health, and competition within Layer‑2 projects. Investors should assess fundamentals and roadmap before committing further.