Merlin Chain (MERL) price surged after the announcement of MERL perpetual futures on Binance.Binance Futures launched MERL perpetual contracts with up to 50x leverage on May 28, 2025.The announcement led to an increase in MERL's trading volume, pushing its price to $0.1346.Merlin Chain focuses on enhancing Bitcoin's layer-2 capabilities and could target $0.2 following the Binance listing.