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matic network  (MATIC)

Matic Network (MATIC)

$0.02189127 11.1%
0.00010809 ETH 11.2%
2,294 people like this
Market Cap
$75,138,039
24 Hour Trading Vol
$45,612,630
24h Low / 24h High
$0.01960515 / $0.02195246
Circulating Supply
3,433,504,398 / 10,000,000,000
MATIC
USD

How do you feel about Matic Network today?
94%
6%
👍 👎
1h
24h
7d
14d
30d
1y
1.9%
11.1%
6.3%
45.6%
45.3%
-12.5%

We're indexing our data. Come back later!

Matic Network price today is $0.02189127 with a 24-hour trading volume of $45,612,630. MATIC price is up 11.1% in the last 24 hours. It has a circulating supply of 3.4 Billion coins and a max supply of 10 Billion coins. Binance is the current most active market trading it. In order to explore addresses and transactions, you may use block explorers such as etherscan.io. Additional information can be found at https://matic.network.

Quick Stats

Matic Network Price $0.02188378
Matic Network ROI Beta 732.1%
Market Cap $75,080,460
Market Cap Dominance 0.03%
Trading Volume $45,548,341
Volume / Market Cap 0.6023
24h Low / 24h High $0.01960515 / $0.02195246
7d Low / 7d High $0.01921138 / $0.02217761
Market Cap Rank #75
All-Time High $0.04490755 -51.3%
May 21, 2019 (about 1 year)
All-Time Low $0.00314376 595.6%
May 10, 2019 (about 1 year)
Matic Network/Bitcoin Ratio 1 BTC = 406268.71 MATIC
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
1 MATIC/USDT
$0.02
0.02191 USDT
0.19% $130,063 $139,118
$10,142,669.33
463090163.667 MATIC
22.27% Recently
2 MATIC/BTC
$0.02
0.00000246 BTC
0.4% $586,667 $172,723
$13,433,422.39
614388401.919 MATIC
29.50% Recently
3 MATIC/BNB
$0.02
0.0013379 BNB
0.24% $2,282 $9,115
$200,580.13
9175314.653 MATIC
0.44% Recently
4 MATIC/USDT
$0.02
0.0219 USDT
0.41% $8,454 $5,264
$416,594.90
19020726.390 MATIC
0.91% Recently
5 MATIC/EUR
$0.02
0.01994 EUR
0.3% $14,921 $15,404
$3,877.74
177996.628 MATIC
0.01% Recently
Show More
Anomaly BTC/USD Stale

Misc Info

Genesis Date -
Hashing Algorithm -
Hashrate N/A
Block Time minutes
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What is Matic Network?

Matic Network is a scaling solution that aims to address the scalability issues seen on Ethereum. Noted that as of now Ethereum can only process on average about 14 transactions per second. Today, the Ethereum network is on high demand running various popular decentralized apps such as CryptoKitties, Decentraland, Gods Unchained, and more. Not to also mentioned decentralized finance (DeFi) apps such as Maker, Compound, Uniswap, SNX, and the list goes on. All these apps compete for the limited computing resources that Ethereum can provide.

Matic Network plans to solve this problem by introducing a Layer 2 scaling solution. Instead of having all transactions and computations processed on the main Ethereum chain, they will be delegated to the side chains (off-chain computation). Validity of this second layer chain is assured using the Plasma framework and Proof of Stake (PoS) by the MATIC validators.

How was Matic Network Launched?

Matic Network was launched on the Binance Launchpad around April 2019 with an IEO price of $0.00263 USD.

What is the MATIC token used for?

MATIC token is the currency issued on the Matic Network. The token can be used for validators to participate in the network via Proof of Stake in order to secure the chain. Transactions fees on the network is also paid via MATIC tokens.

Where can I learn more about Matic Network?

We recently ran an interview with Sandeep Naiwal, co-founder and COO of Matic Network. In this interview we uncover the story behind how Matic Network started, how it solves the scalability issues, how the side chains interoperates with the Ethereum chain, as well as the blockchain scene in India where the Matic team is based off.

 
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