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Bitcoin TVL on Merlin Chain Surpasses $1.2B

Merlin Chain Surpasses $1.2 Billion TVL, Revolutionizes Bitcoin Ecosystem

  • Merlin Chain’s L2 protocol reached over $1.2 billion in Total Value Locked (TVL) within six months of 2024.
  • Processed more than 12.7 million transactions and supported 200+ dApps.
  • Launched 1.9 million addresses and recorded a $16 billion transaction volume through its bridge.
  • Introduced a $210 million MERL Ecosystem rewards program to boost development.

Notably, Merlin Chain’s implementation of advanced security measures like ZK-Rollup and Oracle nodes has significantly enhanced scalability and transparency, marking a substantial advancement over existing solutions.

Merlin Chain is poised to further refine its protocol, emphasizing user experience and innovation, which could solidify its role as a cornerstone of Bitcoin’s Layer 2 ecosystem.

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