Blockchain

Merlin Chain Emerges as Bitcoin’s Largest Layer 2, Surpassing $1.2 Billion TVL in Just Six Months

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    Singapore, Singapore, September 9th, 2024, Chainwire

     

    Merlin Chain, a revolutionary Bitcoin Layer 2 platform, has achieved unprecedented milestones in just six months, solidifying its position as the largest Layer 2 in the Bitcoin ecosystem. With a Total Value Locked (TVL) surpassing $1.2 billion and bridge transactions exceeding $16 billion, Merlin Chain has redefined how users interact with Bitcoin, empowering native assets, fostering liquidity, and driving innovative ecosystem developments.

    Since its launch in early 2024, Merlin Chain has grown into the largest Bitcoin-native network, with 1.9 million on-chain addresses and over 12.7 million transactions processed. The platform has also become the leading hub for Bitcoin-native assets, hosting over 80% of all Bitcoin-native asset holders.

    Merlin Chain’s remarkable achievements in the first half of 2024 include:

    • Adoption and Network Growth: With rapid TVL growth of $3.9 billion within 50 days of the mainnet launch and 1.9 million unique addresses, Merlin Chain continues to lead the Bitcoin Layer 2 space.
    • Strength in Liquidity: Merlin Chain has facilitated over $16 billion in BTC bridged volume, with $1 billion in spot trading and $1 billion in perpetual trading, securing its position as a key player in Bitcoin liquidity.
    • Thriving Ecosystem: Merlin Chain now supports more than 200 decentralized applications (dApps) across DeFi, BTCFi, gaming, NFTs, and more. Leading platforms such as UniCross, Solv Protocol, Avalon Labs, and MerlinSwap have contributed to this robust ecosystem growth, providing the community with innovative services and liquidity solutions.
    • Fair Token Distribution: Token fairly distributed to the community. $MERL’s inflation slowed significantly, to only 0.4% in the next 12 months.

    210M $MERL Ecosystem Grant to Accelerate Expansion

    To further solidify its leadership, Merlin Chain launched its 210M $MERL Ecosystem Grant Program in June, focusing on enhancing user experience, Bitcoin-native asset innovation, ecosystem engagement, and developer tools. The grant is aimed at expanding the platform’s ecosystem by empowering builders and innovators to contribute to the future of Bitcoin Layer 2.

    Technical Advancements and Security

    Merlin Chain’s commitment to innovation is supported by its advanced technical architecture. The platform has implemented ZK-Rollup technology and multi-token staking Oracle nodes to enhance security, scalability, and transparency. By integrating solutions like Babylon and BTC Staking/Restaking, Merlin Chain is pioneering new ways to optimize Bitcoin-native asset yields.

    Merlin Chain has also partnered with leading security firms such as Celestia for data integrity and Cobo for advanced MPC wallets, ensuring that users have access to cutting-edge technology to safeguard their assets. Additionally, Merlin Chain established the Merlin Security Council, which includes renowned partners like Slowmist and BlockSec, further fortifying its security infrastructure.

    Looking Ahead to 2024

    As Merlin Chain continues to lead in Bitcoin Layer 2 innovation, it is preparing for even greater expansion in the second half of 2024. With plans to integrate Bitcoin’s latest protocol updates and drive further growth in its ecosystem, Merlin Chain aims to become the dominant force in Bitcoin-native assets, liquidity, and interoperability across multiple chains, including EVM, Solana, and TON.

    “We are incredibly proud of the strides we’ve made in such a short time,” said Jeff, Founder of Merlin Chain. “Our success wouldn’t be possible without the support of our community and our innovative partners. As we look ahead, we’re excited to continue pushing the boundaries of what’s possible for Bitcoin and its Layer 2 ecosystem.”

    Users can read Merlin Chain’s full report here: https://drive.google.com/file/d/1PtDSlqIHxAC1eiQXI2vB7DRTSXI-NQR_/view?usp=share_link

    About Merlin Chain

    Merlin Chain is a Bitcoin Layer 2 that integrates the ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. Merlin Chain is committed to empowering Bitcoin’s native assets, protocols, and products on Layer1 through its Layer 2 network to Make Bitcoin Fun Again. Merlin Chain is a subsidiary product line of Bitmap Tech, a premier OG team boasting an overall market cap exceeding $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of the hottest assets on Ordinals.

    For more information, users can visit Merlin Chain’s Website | Twitter | Discord

     

    Contact

    Head of BD and Partnership
    Jonathan
    Merlin Chain
    contact@merlinchain.com

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    Goldenlinx Makes Spectacular Debut on Nasdaq Big Screen in Times Square

    2024-09-19T19:00:00Z

    New York, NY, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Revolutionary Internet Financial Platform Marks Milestone Achievement, In a groundbreaking moment for the financial technology sector, Goldenlinx the innovative Internet-based comprehensive financial platform, has successfully debuted on the iconic Nasdaq big screen in Times Square, New York City. The event, which occurred earlier today, marks a significant milestone for the platform and underscores its growing influence in the global financial landscape.



    Goldenlinx, known for its cutting-edge approach to financial services and wealth management, captured the attention of onlookers and industry insiders alike with its first-ever appearance on one of the most renowned advertising platforms in the world. The Nasdaq big screen, synonymous with global financial prowess and technological innovation, provided an ideal stage for Goldenlinx to showcase its vision and capabilities.

    Founded on the principles of accessibility, transparency, and innovation, Goldenlinx has quickly garnered attention for its user-centric approach to financial planning and investment management. The platform integrates advanced technological solutions with comprehensive financial insights, empowering users to make informed decisions about their financial futures.

    "We are thrilled to have our platform featured on the Nasdaq big screen in Times Square," said Mason Brown, CEO of Goldenlinx. "This moment represents not only a validation of our team's hard work and dedication but also a testament to the trust and confidence placed in us by our users and partners."

    The appearance on the Nasdaq big screen comes at a time of rapid expansion and development for Goldenlinx. With a growing user base and increasing recognition within the financial community, the platform continues to set new standards for excellence in digital financial services.

    "We see this as just the beginning," Mason Brown added. "Our mission is to redefine the way people approach their finances, leveraging technology to simplify complexities and unlock new opportunities. Being featured in Times Square is not just a milestone but a promise of what lies ahead."

    The Nasdaq big screen in Times Square has long served as a platform for leading global brands and emerging companies to showcase their achievements and ambitions. Goldenlinx's presence on this stage reinforces its position as a key player in the fintech revolution, poised to shape the future of financial services through innovation and accessibility.

    As Goldenlinx continues to expand its offerings and reach, the platform remains committed to its core values of integrity, security, and customer-centricity. The debut on the Nasdaq big screen is expected to further elevate its profile and attract a broader audience of investors, partners, and stakeholders eager to explore the future of finance.

    For more information about Goldenlinx and its innovative financial platform, visit www.Goldenlinx.com

     

    Media Contact

    Company Name: Goldenlinx

    Website: http://goldenlinx.com/

    Email: support@goldenlinx.com

    Contact: Mason Brown

     

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


    CONTACT: Mason Brown

Goldenlinx

support at goldenlinx.com

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