On December 12, 2025, the top 100 cryptocurrencies by market capitalization exhibited varied performances. Merlin Chain (MERL) led the gains with a 15.98% increase, reaching $0.4076. In contrast, Tezos (XTZ) experienced a decline of 4.65%, dropping to $0.4933. Other notable movements included Mantle (MNT) rising by 7.76%, Sky (SKY) increasing by 4.74%, and Bitcoin Cash (BCH) advancing by 3.28%. Meanwhile, Story IP fell by 4.64%, Dash (DASH) decreased by 4.27%, and Aptos (APT) slipped by 3.24%.