Money Street News


  • Merlin Chain partners with BNB Chain to introduce a cross-chain bridge, enhancing token mobility and liquidity incentives for seamless integration.
  • BNB Chain prepares for the Pascal hard fork, boosting EVM compatibility, gasless transactions, and near-instant finality to support DeFi and AI applications.

Merlin Chain has announced a cooperation with BNB Chain, which will have a significant impact on the crypto ecosystem. Through the Merlin Chain Foundation, the cooperation seeks to create a cross-chain bridge enabling more effective token transfers and offers further incentives to boost liquidity. This move is part of a greater plan to create communication among blockchain networks, not only a technological one.

Enhancing Connectivity: Merlin Chain’s New Bridge and Incentives

Users of the cross-chain bridge can now effortlessly bridge MERL and MBTC tokens from Merlin Chain to BNB Chain. This implies that formerly limited resources from one ecosystem can now be exploited more creatively over a larger network. In the sector of DeFi, market expansion is more likely the more freely movable assets are present.

Merlin Chain also offers further incentives to inspire users to generate liquidity. The project seeks to guarantee that users maximize the integration and that the change between the networks is seamless with financing from the Merlin Chain Foundation.

New Passive Income Paths for Bitcoin Investors

Merlin Chain has been presenting a staking platform since June 2024 whereby Bitcoin investors may profit via more creative DeFi prospects. Many investors who until solely saw Bitcoin as a store of value have drawn interest in this program. Now, thanks to this cooperation, consumers will probably have even more choices to maximize their holding in the BNB Chain ecosystem.

Imagine if someone who has been holding Bitcoin for a long time suddenly got a new approach to generate passive income free from selling their holdings. Such a possibility is now a reality because of the combination of Merlin Chain staking and the always-expanding BNB Chain ecosystem.

BNB Chain Prepares for Pascal Hard Fork and Future Upgrades

Apart from offering a cross-chain link, this cooperation helps BNB Chain be ready to introduce the Pascal hard fork on March 20, 2025. According to CNF, along with better user experience and gasless transactions, this version will increase compatibility with the EVM.

Moreover, in April, BNB Chain will speed up block timings; in June, the network will include near-instant transaction finality. The expanding DeFi and AI uses in the ecosystem would much benefit from these advances.

Against this background, the link between Merlin Chain and BNB Chain is not only a minor addition but also part of a bigger endeavor to raise blockchain efficiency and user experience.

Fighting Blockchain Threats with BNB Good Will Alliance

Threats also rise as innovation keeps developing. In order to combat this, BNB Chain started the BNB Good Will Alliance, an effort meant to lower harmful activity connected to Maximum Extractable Value (MEV), including frequent sandwich attacks on many blockchain networks.

As of press time, MERL is swapped hands at about $0.1295, up 5.59% over the last 24 hours. Meanwhile, BNB is trading at about $617.43, down 2.94% in the same period.





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


No, thank you. I do not want.
100% secure your website.