Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the Bitcoin chain. Its primary objective is to empower the native assets, protocols, and application ecosystem of Bitcoin Layer 1, facilitating ongoing innovation and maximizing asset potential on Layer 2 networks.
Based on comprehensive analyst evaluations, we have synthesized critical insights from expert assessments to outline a cautious outlook for MERL. Analysts note deteriorating fundamentals and challenging market sentiment, indicating potential downside risks in the near term. Following this expert analysis, we adopt a bearish stance on this stock. Our conclusion: MERL is a Sell candidate.
MERL stock price ended at $0.130467 on 木曜日, after dropping 17.42%
On Jan 22, 2026 00:00, the price of MERL fell by 17.42%, dropping from $0.168961 to $0.130467 with 24h trading volume reaching $28.4M MERL.