LIVE
BTC$63,521.00 0.05%ETH$1,779.12 0.24%USDT$0.9994 0.03%BNB$580.96 0.92%USDC$0.9999 0.02%XRP$1.14 1.13%SOL$81.56 0.23%TRX$0.3295 0.05%FIGR_HELOC$1.04 0.52%HYPE$70.81 1.83%DOGE$0.0757 2.60%USDS$0.9998 0.01%RAIN$0.0150 0.65%LEO$9.39 0.38%ZEC$451.85 1.30%ADA$0.1825 3.67%WBT$57.04 0.51%XLM$0.1972 1.89%XMR$325.56 0.16%LINK$7.94 1.19%CC$0.1373 5.49%BCH$240.11 1.35%GRAM$1.75 0.21%LAB$15.11 7.59%DAI$0.9999 0.01%USD1$0.9991 0.07%USDE$0.9988 0.03%LTC$44.49 1.95%HBAR$0.0727 4.03%USDG$1.00 0.03%BTC$63,521.00 0.05%ETH$1,779.12 0.24%USDT$0.9994 0.03%BNB$580.96 0.92%USDC$0.9999 0.02%XRP$1.14 1.13%SOL$81.56 0.23%TRX$0.3295 0.05%FIGR_HELOC$1.04 0.52%HYPE$70.81 1.83%DOGE$0.0757 2.60%USDS$0.9998 0.01%RAIN$0.0150 0.65%LEO$9.39 0.38%ZEC$451.85 1.30%ADA$0.1825 3.67%WBT$57.04 0.51%XLM$0.1972 1.89%XMR$325.56 0.16%LINK$7.94 1.19%CC$0.1373 5.49%BCH$240.11 1.35%GRAM$1.75 0.21%LAB$15.11 7.59%DAI$0.9999 0.01%USD1$0.9991 0.07%USDE$0.9988 0.03%LTC$44.49 1.95%HBAR$0.0727 4.03%USDG$1.00 0.03%
G.MARKETS/PAIR ANALYSIS·Merlin Chain logoMERLXRP logoXRP· LIVE· as of 02:31 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MERL WOULD BE
$0.00000000
currently $0.0197 · target mcap $70.71B
MULTIPLIER
0.00x

MERL needs a 2.7Kx move to match XRP's valuation

REALITY CHECKAt MERL's current 24h rate of +2.10%, compounding daily would take ~1.0 years to reach XRP's market cap.
COIN PROFILES·MERL vs XRP
Merlin Chain logo
Merlin Chain
SOURCE

Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the…

PRICE$0.0197
24H CHANGE 2.10%
MARKET CAP$25.89MFDV $41.38M · 37% supply locked
RANK#706
SUPPLY1.3B MERL
DOMINANCE<0.01%
VS
XRP logo
XRPVerified by G.MARKETS
XRP
TARGET

XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.

PRICE$1.14
24H CHANGE 1.13%
MARKET CAP$70.71BFDV $113.60B · 38% supply locked
RANK#6
SUPPLY62.2B XRP
DOMINANCE2.36%
7d 3.63%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.7Kx bigger
MERL$25.89M
XRP$70.71B
THE CLIMBMerlin Chain logoMERLXRP logoXRPMULTIPLIER 2.7KxGAP$70.69B
$100.00M$1.00B$10.00B
Merlin Chain logo
SOURCEMERL$25.89M
XRP logo
TARGETXRP$70.71B
AWE Network logo
AWE$110.28M
Vision logo
VSN$125.76M
Theta Network logo
THETA$144.08M
dogwifhat logo
WIF$168.69M
Velvet logo
VELVET$201.34M
Pendle logo
PENDLE$243.69M
Sun Token logo
SUN$342.54M
Injective logo
INJ$477.87M
Beldex logo
BDX$725.29M
Spiko EU T-Bills Money Market Fund logo
EUTBL$1.01B
MemeCore logo
M$1.64B
USD1 logo
USD1$4.53B
log scale · mcap in USDJul 7, 2026
Merlin Chain logo
MERLMerlin Chain
$25.89MSOURCE
AWE Network logo
AWE
$110.28M
Vision logo
VSN
$125.76M
Theta Network logo
THETA
$144.08M
dogwifhat logo
WIF
$168.69M
Velvet logo
VELVET
$201.34M
Pendle logo
PENDLE
$243.69M
Sun Token logo
SUN
$342.54M
Injective logo
INJ
$477.87M
Beldex logo
BDX
$725.29M
Spiko EU T-Bills Money Market Fund logo
EUTBL
$1.01B
MemeCore logo
M
$1.64B
USD1 logo
USD1
$4.53B
XRP logo
XRPXRP
$70.71BTARGET
mcap in USDJul 7, 2026
BAG SCENARIOS·IF MERL HIT XRP MCAP·TARGET $53.82
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MERL$1.97$5,382.00+$5,380.03
Coffee money1K MERL$19.71$53,819.97+$53,800.26
Small bag10K MERL$197.07$538,199.71+$538,002.64
Real bag100K MERL$1,970.69$5,381,997.09+$5,380,026.40
Whale bag1M MERL$19,706.85$53,819,970.85+$53,800,264.00
Generational10M MERL$197,068.50$538,199,708.54+$538,002,640.04
$70.71B compared to the world
UberUBER
$160.00B
XRP mcap is 44.2% of Uber
NikeNKE
$130.00B
XRP mcap is 54.4% of Nike
StarbucksSBUX
$100.00B
XRP mcap is 70.7% of Starbucks
SpotifySPOT
$90.00B
XRP mcap is 78.6% of Spotify
RobloxRBLX
$30.00B
XRP mcap is 2.36× Roblox
RedditRDDT
$25.00B
XRP mcap is 2.83× Reddit

About this comparison

This page compares the market capitalizations of Merlin Chain (MERL) and XRP (XRP). With Merlin Chain currently at $0.0197 per coin and a market cap of $25.89M, and XRP at $1.14 with a market cap of $70.71B, applying XRP's market cap to Merlin Chain's circulating supply produces a hypothetical MERL price of $53.82 — a 2.7Kx move from current.

Merlin Chain: Merlin Chain serves as a Layer 2 solution for Bitcoin, incorporating essential components like ZK-Rollup networks, decentralized oracle networks, and fraud proofs within the…

XRP: XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Merlin Chain had XRP's market cap, what would the price be?

If Merlin Chain (MERL) had XRP's (XRP) current market cap of $70.71B, each MERL would be worth approximately $53.82 based on the circulating supply of 1,313,913,132 MERL. That is 2.7Kx the current MERL price of $0.0197.

What is the current market cap of Merlin Chain?

Merlin Chain (MERL) currently has a market cap of $25.89M, ranking #706 by market capitalization. Each MERL trades at $0.0197.

What is the current market cap of XRP?

XRP (XRP) currently has a market cap of $70.71B, ranking #6 by market capitalization. Each XRP trades at $1.14.

How does MERL compare to XRP?

Merlin Chain's market cap of $25.89M sits orders of magnitude beyond XRP's $70.71B. For MERL to reach XRP's current valuation, the price would need to move 2.7Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Merlin Chain's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.