Most important points:
- Merlin Chain sees more than 190,000 BTC transferred, totaling $12.9 billion, and competes with top exchanges like Binance and Coinbase.
- BTC converts to M-BTC and SolvBTC, with $630 million already flowing to more than 10 public chains, increasing liquidity and return opportunities.
- With plans to integrate more public chains, Merlin Chain offers broader liquidity options and redefines the accessibility of DeFi.
Merlin Chain has witnessed an unprecedented surge in BTC transfers over the past 45 days.
![](https://cnews24.ru/uploads/c9e/c9ed74be27b85ca26690cbea4e78294ed6b8036d.jpg)
With more than 190,000 BTCs traded, worth a total of $12.9 billion, Merlin Chain has become a formidable player in the crypto landscape, trailing only industry giants Binance and Coinbase.
๐ ๐ฒ๐ฟ๐น๐ถ๐ป ๐ถ๐ ๐ป๐ผ๐ ๐๐ต๐ฒ ๐๐ต๐ฒ ๐ฏ๐ฟ๐ฑ ๐น๐ฎ๐ฟ๐ด๐ฒ๐๐ ๐๐ง๐ ๐ต๐๐ฏ ๐ต๐๐ฏ ๐๐ถ๐๐ต ๐บ๐ผ๐ฟ๐ฒ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐ญ๐ต๐ฌ ๐ญ๐ต๐ฌ ๐ฌ๐ฌ๐ฌ ๐ฌ๐ฌ๐ฌ ๐๐ง๐ ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ฒ๐ฑ ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ฒ๐ฑ ๐ฏ๐ฟ๐ถ๐ฑ๐ด๐ฒ๐ฑ ๐ท๐๐๐ ๐ฏ๐ฒ๐ต๐ถ๐ป๐ฑ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐ฎ๐ป๐ฑ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒ
In the last 45 days, more than 190,000 BTC (over 12.9 billion USD)โฆ pic.twitter.com/RRpWrfFAUw
โ Merlin Chain (@MerlinLayer2) May 29, 2024
Merlin Chain’s meteoric rise underlines its increasing prominence among cryptocurrency enthusiasts looking for efficient and cost-effective solutions for BTC transactions. Merlin Chain’s decentralized infrastructure surpasses leading centralized exchanges such as OKX and Bybit, offering users an attractive alternative for managing their digital assets.
Innovative tokenization strategy drives liquidity increase
Central to Merlin Chain’s appeal is its innovative approach to tokenization. BTC transferred over the network is converted into the second-layer mapping token M-BTC, a process that improves liquidity and increases utility. Additionally, a portion of M-BTC will be further converted into SolvBTC, an interest-bearing multi-chain token, increasing the potential returns for investors.
The network has over 5,275 M-BTC and 4,009 SolvBTC, collectively valued at approximately $630 million. These assets have flowed seamlessly to more than 10 public chains, including Ethereum, BNB Chain, Arbitrum, Manta, Mode, Linea, B^2, and Zk.link. This strategic diversification provides enhanced liquidity across multiple ecosystems while meeting the diverse needs of users.
Merlin Chain aims to expand its footprint by integrating with additional public chains, expanding the reach of its liquidity pool. By offering seamless interoperability and robust liquidity facilities, Merlin is poised to redefine the decentralized finance (DeFi) landscape, giving users greater financial autonomy and flexibility.