Matic Network Price, News and Analysis (MATIC)

Matic Network logo
$0.1245
+0.0046 (+3.71%)
(As of 02/11/2021 04:59 PM ET)
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1-Hour Price Change -1.85%
1-Day Price Change +3.71%
7-Day Price Change +168.97%
1-Day Volume$279.92 million
Market Cap$616.67 million
BTC Price0.00000266 BTC
Circulating Supply4.95 billion
Total Supply10.00 billion
Maximum Supply10.00 billion

About Matic Network (MATIC)

Currency Details

Name Matic Network
SymbolMATIC
Market Capitalization$616.67 million
Coin or TokenCoin
AlgorithmETH Token
Proof Type
Genesis Date3/26/2018
Mineable?No

Official Links

Official Websitematic.network
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@maticnetwork
Facebook PageN/A
Github AccountView

Community Discussion

Reddit Communityr/maticnetwork
Telegram GroupView
Discord GroupN/A
Message Board (Alt)N/A

Research Tools

Blockchain Exploreretherscan.io
Blockchain Explorer (Alt)ethplorer.io
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Matic Network (MATIC) Frequently Asked Questions

What is Matic Network?

Matic provides scalable, secure and instant transactions using sidechains based on an adapted implementation of Plasma framework for asset security and a decentralized network of Proof-of-Stake (PoS) validators. In short, it allows anyone to create scalable DApps while ensuring a superior user experience in a secure and decentralized manner. It has a working implementation for Ethereum on Ropsten Testnet. Matic intends to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains. Matic Network is expanding tech scope and mission and becoming Polygon — Ethereum’s Internet of Blockchains. Existing Matic solutions remain functional and high priority. All the existing Matic solutions and implementations, primarily Matic PoS Chain and Matic Plasma Chains, remain fully functional and will continue to be developed and grown as very important components of the Polygon ecosystem. These implementations will not be impacted or changed in any way, and no action is required from developers or end-users. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.  See the official announcement. Polygon is a easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting two major types of solutions:Secured chains (aka Layer 2 chains): Scaling solutions that rely on Ethereum for security instead of establishing their own validator pool. Stand-alone chains (aka Sidechains): Sovereign Ethereum sidechains, normally fully in charge of their own security, i.e. with their own validator pool. (Description provided by CryptoCompare)

How do I buy Matic Network?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Matic Network.

Where can I get Matic Network wallet?

Matic Network produces its own wallet software that is available for download on its website, which allows you to store Matic Network on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Matic Network?

One Matic Network (MATIC) is currently worth $0.12 on major cryptocurrency exchanges. You can also exchange one Matic Network for 0.00000266 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Matic Network in U.S. dollars is $616.67 million.

What hashing algorithm does Matic Network use?

Matic Network is a coin that uses the ETH Token algorithm.

What coins are similar to Matic Network?

The following coins use Matic Network's ETH Token algorithm and proof-type: Chainlink, Polygon, Binance USD, THETA, DREP, DREP [old], Dai, Aave, FTX Token, Maker, PancakeSwap, Crypto.com Coin, Huobi Token, Pundi X and Telcoin.

What is the Reddit page for Matic Network?

The official Reddit community (subreddit) for Matic Network is r/maticnetwork.


MarketBeat Community Rating for Matic Network (MATIC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  415 (Vote Outperform)
Underperform Votes:  460 (Vote Underperform)
Total Votes:  875
MarketBeat's community ratings are surveys of what our community members think about Matic Network and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Matic Network (MATIC) Price Chart for Monday, June, 14, 2021

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Google Trends

Matic Network (MATIC) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Matic Network. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Matic Network Coin" over the last 90 days.



Matic Network (MATIC) Website Traffic

Matic Network (MATIC) Social Media Trends

Headlines

Matic Network (MATIC) News Headlines

SourceHeadline
Bitcoin, MATIC, THETA Price Analysis: 14 JuneBitcoin, MATIC, THETA Price Analysis: 14 June
ambcrypto.com - June 14 at 8:05 PM
MATIC, Solana, Litecoin Price Analysis : 13 JuneMATIC, Solana, Litecoin Price Analysis : 13 June
ambcrypto.com - June 13 at 1:03 PM
Chainlink, Polkadot, MATIC: Should you buy these alts now?Chainlink, Polkadot, MATIC: Should you buy these alts now?
ambcrypto.com - June 13 at 8:08 AM
Monero, MATIC, VeChain Price Analysis: 12 JuneMonero, MATIC, VeChain Price Analysis: 12 June
ambcrypto.com - June 12 at 10:02 AM
Bitcoin Cash, MATIC, Filecoin Price Analysis: 11 JuneBitcoin Cash, MATIC, Filecoin Price Analysis: 11 June
ambcrypto.com - June 11 at 3:03 PM
Polygon’s Total Value Locked Explodes, MATIC Could Run Hotter After A 120% RallyPolygon’s Total Value Locked Explodes, MATIC Could Run Hotter After A 120% Rally
newsbtc.com - April 28 at 4:06 AM

Social Media Mentions

Matic Network (MATIC) Reddit Feed


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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