×
×
Cryptocurrencies:  5,705Markets:  22,769Market Cap:  $272,483,873,79224h Vol:  $66,805,034,402BTC Dominance:  62.8%
Market Cap:  $272,483,873,79224h Vol:  $66,805,034,402BTC Dominance:  62.8%Cryptocurrencies:  5,705Markets:  22,769

Matic Network (MATIC)

$0.020565 USD (4.58%)
0.00000221 BTC (4.41%)
0.00008530 ETH (2.69%)
Buy
Exchange
Gamble
Play Now
  • Market Cap
    $72,007,719 USD
    7,752 BTC
    298,678 ETH
  • Volume (24h)
    $24,491,179 USD
    2,637 BTC
    101,586 ETH
  • Circulating Supply
    3,501,520,050 MATIC
  • Total Supply
    10,000,000,000 MATIC
  • Historical data for Matic Network

    Currency in USD
    Loading...
    DateOpen*HighLowClose**VolumeMarket Cap
    Date
    DateOpen*HighLowClose**VolumeMarket Cap
    Jul 07, 2020
    0.019927
    0.020517
    0.019482
    0.020100
    21,343,811
    70,381,866
    Jul 06, 2020
    0.019067
    0.020043
    0.018896
    0.019930
    16,348,986
    69,784,360
    Jul 05, 2020
    0.019511
    0.019615
    0.018780
    0.019067
    13,829,916
    66,632,498
    Jul 04, 2020
    0.019243
    0.019620
    0.019052
    0.019497
    11,394,586
    68,137,992
    Jul 03, 2020
    0.019099
    0.019644
    0.018731
    0.019230
    17,181,983
    67,204,741
    Jul 02, 2020
    0.018717
    0.019404
    0.018340
    0.019105
    17,654,038
    66,767,668
    Jul 01, 2020
    0.019010
    0.019614
    0.018534
    0.018731
    23,734,777
    65,334,379
    Jun 30, 2020
    0.019663
    0.019833
    0.018857
    0.018990
    12,405,826
    66,236,063
    Jun 29, 2020
    0.020103
    0.020411
    0.019020
    0.019687
    22,979,684
    68,668,675
    Jun 28, 2020
    0.019436
    0.020385
    0.018297
    0.020094
    22,685,629
    70,088,417
    Jun 27, 2020
    0.020832
    0.021269
    0.019085
    0.019436
    21,162,616
    67,791,262
    Jun 26, 2020
    0.021614
    0.021959
    0.020701
    0.020808
    20,663,219
    72,578,451
    Jun 25, 2020
    0.022392
    0.022392
    0.021410
    0.021591
    17,709,010
    75,309,057
    Jun 24, 2020
    0.022695
    0.022783
    0.021479
    0.022339
    25,021,689
    77,918,878
    Jun 23, 2020
    0.022058
    0.022928
    0.021729
    0.022689
    21,745,076
    79,138,322
    Jun 22, 2020
    0.021398
    0.022212
    0.021158
    0.022069
    28,447,198
    76,974,527
    Jun 21, 2020
    0.022574
    0.022993
    0.021276
    0.021406
    36,652,111
    74,613,125
    Jun 20, 2020
    0.020135
    0.022626
    0.020135
    0.022612
    40,679,423
    78,816,865
    Jun 19, 2020
    0.020475
    0.020690
    0.019926
    0.020107
    15,884,090
    70,084,512
    Jun 18, 2020
    0.020738
    0.020767
    0.020227
    0.020470
    16,152,913
    71,351,279
    Jun 17, 2020
    0.020602
    0.021314
    0.020177
    0.020735
    22,483,207
    72,272,675
    Jun 16, 2020
    0.020445
    0.020823
    0.020113
    0.020604
    18,213,320
    71,817,979
    Jun 15, 2020
    0.020672
    0.020672
    0.018971
    0.020447
    26,096,282
    71,268,588
    Jun 14, 2020
    0.020702
    0.021444
    0.020373
    0.020646
    25,603,812
    71,964,284
    Jun 13, 2020
    0.020497
    0.020758
    0.020389
    0.020657
    14,578,902
    72,003,147
    Jun 12, 2020
    0.019721
    0.020565
    0.019580
    0.020482
    18,314,060
    71,391,918
    Jun 11, 2020
    0.021282
    0.022004
    0.019437
    0.019723
    33,031,277
    68,747,023
    Jun 10, 2020
    0.020219
    0.021868
    0.020063
    0.021308
    41,641,608
    74,271,575
    Jun 09, 2020
    0.020331
    0.020434
    0.020050
    0.020239
    13,504,602
    70,544,750
    Jun 08, 2020
    0.020360
    0.020767
    0.020178
    0.020299
    14,553,848
    70,753,102

About Matic Network

What is Matic Network?

Matic Network is a Layer 2 scaling solution backed by Binance and Coinbase that aims to provide a generalized Layer 2 platform, enabling Ethereum developers to scale their DApps for large-scale usage. For the initial phase, Matic has launched its hybrid PoS+Plasma sidechain on top of Ethereum. According to the team, Matic is one of the fastest-growing DApp platforms in the space.

Matic believes the answer to enabling widespread adoption of blockchain technology lies with second-layer solutions focused on scalability. To this end, Matic Network provides massive scaling capabilities whilst leveraging the security and decentralization of the mainchain.

As a general-purpose platform, Matic is capable of housing a limitless array of DApp types on their infrastructure. So far, Matic has attracted more than 50 DApps to its PoS-secured Ethereum sidechain. DApps on Matic encompass a variety of niches ranging from gaming to DeFi, with notable projects including VR metaverse projects Decentraland, Somnium Space, The Sandbox, and Whitelabel betting platform BetProtocol.

Essentially, Matic aims to provide the infrastructure to overcome the traditional performance bottlenecks of the blockchain ecosystem, to allow all types of DApps to be able to handle large volumes of users.

Background and Vision

The Matic team has been contributing to the Ethereum ecosystem long before the formation of Matic Network and their IEO on Binance in April 2019. This includes working on implementations of Plasma MVP, the WalletConnect protocol (which allows users to access DApps in a secure and user-friendly way), and the widely-used Dagger event notification engine.

Matic is passionate about decentralization and better blockchain-based products and is working towards their core goal of facilitating mass adoption of blockchain. They believe that the current decentralized ecosystem lacks usability and convenience - decentralized transactions are slow, expensive, and complex - and therefore the blockchain environment as it stands today is unable to facilitate mainstream-level DApps. Solving this problem is Matic’s mission.

Matic aims to overcome these hurdles by leveraging a combination of blockchain scaling, developer platform and tools, and a keen focus on user experience. Their Layer 2 solution will enable countless DApps around the world to process TPS rates as high as 65,000 per second, per Matic sidechain. By providing this high-performance infrastructure, Matic aims to revolutionize the way a broad range of applications is created, from decentralized finance to gaming, thus shaping the user experience of end-users around the world.

How Does Staking Work on Matic Network?

As a Layer 2 solution utilizing a network of Proof-of-Stake validators for asset security, staking is an integral part of the Matic ecosystem. Essentially, validators will stake their MATIC tokens as collateral to become part of the network’s PoS consensus mechanism and will receive MATIC tokens in return. MATIC holders who wish to stake but do not wish to be a validator, or are not able to be a validator, can delegate their tokens to a validator of their choice and still take part in their staking process and earn staking rewards.

About MATIC Token

MATIC is the utility token used on the Matic Network blockchain. It has a range of purposes, including paying network transaction fees and participating in Matic Network’s Proof-of-Stake consensus mechanism. Due to demand, MATIC has also been integrated into several external platforms as a payment method.

You can purchase MATIC on any exchange which supports the digital currency. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab.

Matic Network Statistics

Matic Network Price$0.020565 USD
Matic Network ROI
354.88%
Market Rank#86
Market Cap$72,007,719 USD
24 Hour Volume$24,491,179 USD
Circulating Supply3,501,520,050 MATIC
Total Supply10,000,000,000 MATIC
Max SupplyNo Data
All Time High
$0.045017 USD
(May 21, 2019)
All Time Low
$0.003012 USD
(May 09, 2019)
52 Week High / Low
$0.043096 USD /
$0.007011 USD
90 Day High / Low
$0.026951 USD /
$0.011360 USD
30 Day High / Low
$0.022993 USD /
$0.018297 USD
7 Day High / Low
$0.020607 USD /
$0.018340 USD
24 Hour High / Low
$0.020607 USD /
$0.019482 USD
Yesterday's High / Low
$0.020517 USD /
$0.019482 USD
Yesterday's Open / Close
$0.019927 USD /
$0.020100 USD
Yesterday's Change$0.000174 USD (0.87%)
Yesterday's Volume$21,343,811 USD
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.