What exactly is $MERL talking about? Why be bullish?

It’s turning “Bitcoin can’t do DeFi” into “it can.” Bitcoin itself is powerful, but it can only handle transfers, not smart contracts. The emergence of MERL aims to give BTC an extra world: lending, cross-chain, ecosystem development, and access to large capital.

The advantages of MERL are also simple.

No need to talk about technical stacks; even beginners can understand:

1) Standing under the big tree of Bitcoin

As long as BTC remains popular, the BTC ecosystem won’t cool down, and MERL happens to benefit from this basic traffic.

2) It’s not an empty shell; it has real use cases

MERL actually has on-chain uses:

Paying gas fees

Staking, collateral

DeFi liquidity

Governance voting

This type of “practically usable token” is usually more resilient than pure meme coins.

3) TVL growth is the real deal

Its on-chain total value locked (TVL) is steadily rising, indicating that real funds are coming in, not just empty promises on a PowerPoint.

The willingness of funds to be locked in often says more than price fluctuations.

Of course, in the short term, contract trading movements are often more important than the narrative. Like I mentioned before, as long as the bullish pattern remains, any wick is just for shaking out weak hands. Wait for a strong pump. Stay focused!