Merlin Chain has a cooperation with BNB Chain announcedthat will have a significant impact on the cryptosystem. Through the Merlin Chain Foundation, the cooperation aims to create a crosschain bridge that enables more effective token transfer and offers further incentives to increase liquidity. This step is part of a larger plan to make the blockchain networks communication capable of communicating, not just on the technical level.
Merlin Chain is officially teaming up with the BNB Chain network!
You can now securely bridge $ Merl and $ Mbtc straight from Merlin Chain to the @BNBCHAIN Mainnet.
Plus, the @MerlinLayer2 Foundation will provide additional incentives to bootstrap liquidity. Get ready for… pic.twitter.com/dPrkaK0YHZ
— Merlin Chain (@MerlinLayer2) March 18, 2025
Merl and MBTC tokens from the Merlin Chain Transferred to the BNB Chain. This means that limited resources can now be used via a larger network of creative more. In the defi industry, a market expansion is more likely the more freely movable assets are.
Merlin Chain also offers other incentives to move the users to create liquidity. The project is intended to ensure that users maximize the integration and the change between the networks is seamless, which is to be guaranteed by financing the Merlin Chain Foundation.
Merlin Chain has been introducing a staking platform since June 2024 with which Bitcoin investors can benefit from more creative defect perspectives. Many investors who previously only saw Bitcoin as a value system have been interested in this program. Thanks to this cooperation, consumers will now probably have more opportunities to maximize their participation in the BNB Chain ecosystem.
Imagine that someone who has been holding Bitcoin suddenly has a new way to generate passive income without having to sell their shares. Such a possibility is now a reality through the combination of Merlin Chain Staking and the constantly expanding BNB Chain ecosystem.
Apart from the fact that it offers a crosschain connection, this collaboration BNB Chain helps to prepare for the introduction of the Pascal-Hardfork on March 20, 2025. According to CNF, this version will also increase compatibility with the EVM in addition to better user experience and gasless transactions.
BNB Chain will also accelerate block-timing in April; In June, the network will offer almost immediate transaction final. The growing defi and AI applications in the ecosystem would benefit from these progress.
Against this background, the connection between Merlin Chain and BNB Chain is not only a small addition, but also part of a larger project to improve the efficiency of the blockchain and the user experience.
With the progressive development of innovations, the threats are also increasing. To combat this, BNB Chain has launched BNB Good Will Alliance, which is supposed to contain harmful activities in connection with the maximum extractable value (MEV), including the frequent sandwich attacks on many blockchain networks.
At the time of the editorial deadline, Merl is traded for about $ 0.1295, which corresponds to an increase of 5.59 % in the last 24 hours. In the meantime, BNB is traded at around $ 617.43, which corresponds to a decline of 2.94 % in the same period.
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