According to Foresight News, the Bitcoin L2 network Merlin Chain released its semi-annual report, which includes: the cross-chain volume of the network reached 16 billion US dollars, a total of 1.9 million addresses on the chain, and the number of transactions was 12.7 million; the TVL exceeded 3.9 billion in the 50 days after the mainnet was launched. US dollars (88% are native assets such as BTC and Ordinals), the market value of M-BTC in the first half of the year reached US$1.2 billion; cross-chain Bitcoin reached US$16 billion, spot transactions reached US$1.6 billion, and perpetual contract transactions reached US$1.4 billion; asset trading The volume has exceeded US$3 billion, and DEX liquidity has exceeded US$78 million; a comprehensive security framework and on-chain architecture have been launched, and industry leaders such as Celestia, Cobo and Slow Mist have been jointly created to create a safe and transparent on-chain environment; in the second half of the year, the MERL token The pace of release will slow down significantly, with only 0.4% released in the next 12 months.
Merlin Chain plans to continue to make efforts in technology, ecology and community in the second half of the year to promote the sustainable development of the Bitcoin ecosystem.
