{"id":53250,"date":"2025-05-28T13:50:29","date_gmt":"2025-05-28T13:50:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/merlin-chain-price-gains-as-binance-adds-merl-perpetual-contracts\/"},"modified":"2025-05-28T13:50:29","modified_gmt":"2025-05-28T13:50:29","slug":"merlin-chain-price-gains-as-binance-adds-merl-perpetual-contracts","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/merlin-chain-price-gains-as-binance-adds-merl-perpetual-contracts\/","title":{"rendered":"Merlin Chain price gains as Binance adds MERL perpetual contracts"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/binance-adds-merlin-chain-perps-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/binance-adds-merlin-chain-perps-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/binance-adds-merlin-chain-perps-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/binance-adds-merlin-chain-perps-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Merlin Chain (MERL) price rose sharply as Binance announced the launch of MERL perpetual futures.<\/li>\n<li>The MERL token, native to the Bitcoin layer-2 solution, reached highs of $0.13 and could target $0.20.<\/li>\n<li>Altcoins have often spiked in price after such announcements by Binance.<\/li>\n<\/ul>\n<p>Merlin Chain (MERL), a Bitcoin Layer-2 solution, has witnessed a significant price surge following a major announcement from Binance.<\/p>\n<p>On May 28, 2025, <a href=\"https:\/\/coinjournal.net\/news\/tag\/binance\/\">Binance<\/a> revealed the launch of USD-margined MERL Perpetual Contracts, a move that has sparked renewed interest in the token.<\/p>\n<p>The news saw the price of Merlin Chain rise amid an increase in volume, with traction likely to push MERL beyond the $0.14 mark.<\/p>\n<h2>Binance Futures adds MERL perpetual contracts with 50x leverage<\/h2>\n<p>Binance Futures, the derivatives arm of the world\u2019s leading cryptocurrency exchange, announced the addition of MERL perpetual contracts on May 28, 2025.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Binance EN: Binance Futures Will Launch USD\u24c8-Margined MERLUSDT Perpetual Contract<\/p>\n<p>Time: 2025-05-29 08:30 (UTC): MERLUSDT (up to 50x leverage)<a href=\"https:\/\/t.co\/S7r8ePNplD\">https:\/\/t.co\/S7r8ePNplD<\/a><\/p>\n<p>\u2014 Merlin Chain (@MerlinLayer2) <a href=\"https:\/\/twitter.com\/MerlinLayer2\/status\/1927705410930172334?ref_src=twsrc%5Etfw\">May 28, 2025<\/a><\/p>\n<\/blockquote>\n<p>According to the official announcement, the USD-M MERL Perpetual Contract will go live on May 29, 2025, at 08:30 UTC, allowing traders to access up to 50x leverage.<\/p>\n<p>This high-leverage offering is designed to attract both seasoned traders and those looking to capitalize on MERL\u2019s momentum.<\/p>\n<p>The announcement follows Binance\u2019s earlier listing of MERL on its Binance Alpha, which occurred on May 20, 2025.<\/p>\n<p>It\u2019s a move that introduced MERL to a broader audience, and the addition of perpetual contracts now amplifies its appeal in the derivatives space.<\/p>\n<p>Binance Futures has a history of boosting token visibility and liquidity through such listings, as seen with previous launches of other perpetual contracts.<\/p>\n<p>For MERL, this move underscores Binance\u2019s confidence in the project\u2019s potential to drive trading activity.<\/p>\n<h2>Merlin Chain (MERL) price surges<\/h2>\n<p>The market response to the Binance Futures listing has been swift and positive.<\/p>\n<p>According to data from CoinMarketCap, Merlin Chain price rose to $0.1346, doing an upward flip of over 10% in the past 24 hours.<\/p>\n<p>This surge has been accompanied by a decent spike in trading volume, with MERL recording a 17% surge in daily volume to over $803 million.<\/p>\n<p>The token\u2019s market cap has reached $95.5 million.<\/p>\n<p>Merlin Chain\u2019s price gains highlight the growing interest in its ecosystem, which focuses on enhancing Bitcoin\u2019s layer-2 capabilities.<\/p>\n<p>The project supports popular Bitcoin protocol tokens like BRC20 and BRC420, and its integration of ZK-Rollups and decentralized oracle networks has made it a standout in the decentralized finance space.<\/p>\n<p>While price remains well off the all-time high of $1.55 hit in April 2024, the Binance Futures listing could be a key catalyst.<\/p>\n<p>In this case, the token\u2019s value could jump to $0.2 and target December 2024 highs of $0.48 in coming weeks.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/merlin-chain-price-gains-as-binance-adds-merl-perpetual-contracts\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Merlin Chain (MERL) price rose sharply as Binance announced the launch of MERL perpetual futures. The MERL token, native to the Bitcoin layer-2 solution, reached highs of $0.13 and could target $0.20. Altcoins have often spiked in price after such announcements [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":53251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53250"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53250"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53251"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}