bitcoin
Bitcoin (BTC) $ 67,773.16
ethereum
Ethereum (ETH) $ 3,504.12
tether
Tether (USDT) $ 0.999882
bnb
BNB (BNB) $ 599.23
xrp
XRP (XRP) $ 0.598629
cardano
Cardano (ADA) $ 0.434376
usd-coin
USDC (USDC) $ 0.999946
matic-network
Polygon (MATIC) $ 0.545035
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.13862
okb
OKB (OKB) $ 42.42
polkadot
Polkadot (DOT) $ 6.38
shiba-inu
Shiba Inu (SHIB) $ 0.000018
tron
TRON (TRX) $ 0.134385
uniswap
Uniswap (UNI) $ 8.06
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,746.15
dai
Dai (DAI) $ 0.999694
litecoin
Litecoin (LTC) $ 73.32
staked-ether
Lido Staked Ether (STETH) $ 3,504.68
solana
Solana (SOL) $ 182.41
avalanche-2
Avalanche (AVAX) $ 32.35
chainlink
Chainlink (LINK) $ 14.73
cosmos
Cosmos Hub (ATOM) $ 6.48
the-open-network
Toncoin (TON) $ 7.10
ethereum-classic
Ethereum Classic (ETC) $ 24.07
leo-token
LEO Token (LEO) $ 5.69
filecoin
Filecoin (FIL) $ 4.73
bitcoin-cash
Bitcoin Cash (BCH) $ 395.54
monero
Monero (XMR) $ 164.32
bitcoin
Bitcoin (BTC) $ 67,773.16
ethereum
Ethereum (ETH) $ 3,504.12
tether
Tether (USDT) $ 0.999882
bnb
BNB (BNB) $ 599.23
usd-coin
USDC (USDC) $ 0.999946
xrp
XRP (XRP) $ 0.598629
binance-usd
BUSD (BUSD) $ 1.01
dogecoin
Dogecoin (DOGE) $ 0.13862
cardano
Cardano (ADA) $ 0.434376
solana
Solana (SOL) $ 182.41
matic-network
Polygon (MATIC) $ 0.545035
polkadot
Polkadot (DOT) $ 6.38
tron
TRON (TRX) $ 0.134385

BTC Transfers Exceed $12.9 Billion!

Must Read

Key Factors:

  • Merlin Chain sees over 190,000 BTC transferred, totaling $12.9 billion, rivaling high exchanges like Binance and Coinbase.
  • BTC converts to M-BTC and SolvBTC, with $630 million already flowing throughout 10+ public chains, enhancing liquidity and yield alternatives.
  • With plans to combine extra public chains, Merlin Chain gives wider liquidity choices and redefines DeFi accessibility.
Merlin Chain has witnessed an unprecedented surge in BTC transfers over the previous 45 days.

With over 190,000 BTCs transacted, totaling a staggering $12.9 billion, Merlin Chain has emerged as a formidable participant within the crypto panorama, trailing solely behind trade giants Binance and Coinbase.

๐— ๐—ฒ๐—ฟ๐—น๐—ถ๐—ป ๐—–๐—ต๐—ฎ๐—ถ๐—ป ๐—ถ๐˜€ ๐—ป๐—ผ๐˜„ ๐˜๐—ต๐—ฒ ๐Ÿฏ๐—ฟ๐—ฑ ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐—•๐—ง๐—– ๐—ต๐˜‚๐—ฏ ๐˜„๐—ถ๐˜๐—ต ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐Ÿญ๐Ÿต๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—•๐—ง๐—– ๐—ฏ๐—ฟ๐—ถ๐—ฑ๐—ด๐—ฒ๐—ฑ, ๐—ท๐˜‚๐˜€๐˜ ๐—ฏ๐—ฒ๐—ต๐—ถ๐—ป๐—ฑ ๐—•๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—–๐—ผ๐—ถ๐—ป๐—ฏ๐—ฎ๐˜€๐—ฒ.

Previously 45 days, greater than 190,000 BTC (over 12.9 billion USD) hasโ€ฆ pic.twitter.com/RRpWrfFAUw

โ€” Merlin Chain (@MerlinLayer2) Might 29, 2024

The speedy ascent of Merlin Chain underscores its rising prominence amongst cryptocurrency lovers searching for environment friendly and cost-effective options for BTC transactions. Surpassing main centralized exchanges like OKX and Bybit, Merlin Chainโ€™s decentralized infrastructure gives customers a compelling various for managing their digital belongings.

Revolutionary Tokenization Technique Drives Liquidity Surge

Central to Merlin Chainโ€™s attraction is its progressive method to tokenization. BTC transferred throughout the community is transformed into the second-layer mapping token M-BTC, a course of that enhances liquidity and expands utility. Furthermore, a portion of M-BTC is additional reworked into SolvBTC, a multi-chain interest-bearing token, amplifying the potential returns for buyers.

The community boasts over 5,275 M-BTC and 4,009 SolvBTC, collectively valued at roughly $630 million. These belongings have seamlessly flowed into greater than 10 public chains, together with Ethereum, BNB Chain, Arbitrum, Manta, Mode, Linea, B^2, and Zk.hyperlink. This strategic diversification ensures enhanced liquidity throughout a number of ecosystems whereas catering to the various wants of customers.

Merlin Chain goals to increase its footprint by integrating with further public chains, thereby broadening the scope of its liquidity pool. By providing seamless interoperability and sturdy liquidity provisions, Merlin is poised to redefine the panorama of decentralized finance (DeFi), empowering customers with better monetary autonomy and suppleness.

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