Messari publishes Merlin Chain research report, emphasizing that it is at the forefront of the market in integrating bitcoin native assets
According to official news, the latest research report from investment research firm Messari analyzed Merlin Chain in detail, noting that the platform, as the leading EVM-compatible Bitcoin Layer2, is at the forefront of the market in terms of integrating bitcoin native assets.
The report highlights that Merlin Chain TVL has reached $3.50 billion in March 2024, demonstrating its strong growth and widespread adoption in the market. In addition, Merlin Chain is built using Polygon CDK and plans to transition to Bitcoin's Layer2 zero-knowledge solution, demonstrating its forward-looking approach to blockchain technology innovation and practicality.
The report also specifically mentions that Merlin Chain's ecosystem revolves around bitcoin-native assets such as Ordinals, BRC-20s, and Runes, with applications spanning DeFi, gaming, AI, and SocialFi, demonstrating its leadership in expanding Bitcoin's role in the broader Web3 ecosystem.