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r/CryptoCurrencySee Post

‘MATIC can’t be compared to OP and ARB’, analyst weighs in

r/CryptoMoonShotsSee Post

Choosing Between MATIC and Celestia: Help Me Decide, and Let's Discuss!

r/CryptoMarketsSee Post

Thoughts on Polkadot?

r/CryptoCurrencySee Post

Thoughts on the correct price of SOL and MATIC?

r/CryptoCurrencySee Post

Anyone Use CoinTracker?

r/CryptoMoonShotsSee Post

Bitcoin ETF Approval and its immediate effect on Blockchain Adoption

r/CryptoCurrencySee Post

Coinbase and POL/MATIC

r/CryptoCurrencySee Post

What does this mean?

r/CryptoCurrencySee Post

Asking for an Advice about BTC, ETH and Cold Wallets

r/CryptoCurrencySee Post

Is it even worth sticking to older projects?

r/CryptoCurrencySee Post

MATIC Faces Resistance Amid Market Fluctuations - COINTURK NEWS

r/CryptoCurrencySee Post

I asked AI to give me a hypothetical bullrun strategy, along with examples of undervalued alts.

r/CryptoCurrencySee Post

Is MATIC Due for a Resurgence? Institutional Adoption Teaser From Polygon Labs Stokes Bullish Excitement

r/CryptoMarketsSee Post

The Rise of Whales: Why Did They Flip 95M SOL, MATIC Amid Challenging Market Conditions?

r/CryptoCurrencySee Post

The Rise of Whales: Why Did They Flip 95M SOL, MATIC Amid Challenging Market Conditions?

r/CryptoCurrencySee Post

LINK forming an F&P?

r/CryptoCurrencySee Post

Investing with a loan

r/CryptoMarketsSee Post

Why do they go to coinbase?

r/CryptoCurrencySee Post

Please help me decide my next investment.

r/CryptoCurrencySee Post

How Top 10 Crypto of 2022 Performed in 2023

r/CryptoMarketsSee Post

Polygon Reclaims $1 After Billionaire Mark Cuban’s Unstaked 2.82M MATIC Ends Up On Coinbase

r/CryptoCurrencySee Post

Polygon Reclaims $1 After Billionaire Mark Cuban’s Unstaked 2.82M MATIC Ends Up On Coinbase

r/CryptoMarketsSee Post

Starbucks Goes Green With Polygon (MATIC) It Is Leveraging NFTs to Incentivize Sustainable Customer Practices

r/SatoshiStreetBetsSee Post

Coins under $1 to consider for smart 2024 investments. What's your pick?

r/CryptoMarketsSee Post

Is Polygon (MATIC) about to fall?

r/CryptoMarketsSee Post

Polygon Whale Unloads 35M MATIC on Binance, Provoking Selloff

r/CryptoCurrencySee Post

Polygon Whale Unloads 35M MATIC on Binance, Provoking Selloff

r/SatoshiStreetBetsSee Post

Discussing Potential Top Crypto Picks for 2024

r/CryptoCurrencySee Post

"Everything is pumping except my coins" what to do? wait and hope might be the best.

r/CryptoCurrencySee Post

Seeing all the theft posts, what methods are you using to stay safe?

r/CryptoCurrencySee Post

Golden age of crypto. 2025 or 2030, opinions ?

r/CryptoCurrencySee Post

Confusion about MATIC networks and sending between Coinbase / Ledger

r/CryptoMarketsSee Post

Polygon Whale’s 7.5M MATIC Move Powers Up Polygon’s $1 Quest

r/CryptoCurrencySee Post

Polygon Whale’s 7.5M MATIC Move Powers Up Polygon’s $1 Quest

r/CryptoCurrencySee Post

Is this a good investment?

r/CryptoCurrencySee Post

Us this a good bag?

r/CryptoCurrencySee Post

Which coin has the best future for blockchain gaming

r/CryptoCurrencySee Post

Coinbase Announces MATIC And Bitcoin Cash (BCH) Perpetuals for NASDAQ:COIN by DEXWireNews

r/CryptoCurrencySee Post

Missing MATIC token

r/CryptoCurrencySee Post

Missing token

r/CryptoMoonShotsSee Post

Chappyz | AI powered plug-and-play protocol that helps build REAL community | BSC Gem

r/CryptoCurrencySee Post

is the ETH party over or is ETH just fashionably late

r/CryptoMoonShotsSee Post

Chappyz | AI powered plug-and-play protocol that helps build REAL community

r/CryptoMoonShotsSee Post

Chappyz | AI powered plug-and-play protocol that helps build REAL community | $7m daily volume

r/CryptoCurrencySee Post

Planning to autoinvest 300usdt in these 7 coins every 2 weeks. Any toughts and advices much appreciated

r/CryptoCurrencySee Post

Grayscale GDLC: Worth making a small bet on 24% NAV discount?

r/CryptoCurrencySee Post

Good old Gary Genlser thinks himself to be some God Damn hero.

r/CryptoCurrencySee Post

How to migrate MATIC tokens to new upgraded POL tokens? - Tutorial from Polygon Network

r/CryptoCurrencySee Post

How to migrate MATIC tokens to new upgraded POL tokens? - Tutorial from Polygon Network

r/CryptoCurrencySee Post

Mega Flip of 15M MATIC by Polygon Whale Sends Crypto Traders Searching For Arc Bottom

r/CryptoMarketsSee Post

Mega Flip of 15M MATIC by Polygon Whale Sends Crypto Traders Searching For Arc Bottom

r/CryptoMarketsSee Post

Polygon’s $1 Run Put On Edge: SEC Lawsuit Comes Tumbling For Kraken, Jolts MATIC Price

r/CryptoCurrencySee Post

Polygon’s $1 Run Put On Edge: SEC Lawsuit Comes Tumbling For Kraken, Jolts MATIC Price

r/CryptoCurrencySee Post

MATICX STAKING Help (Rewards)

r/CryptoCurrencySee Post

Just got a big cheque... What to buy

r/CryptoMarketsSee Post

MATIC's Resilience Amidst Increased Polygon Network Activity - Daily Coin Post

r/CryptoCurrencySee Post

Is it already time for altcoins?

r/CryptoCurrencySee Post

Help me reallocate a $1.2mil crypto portfolio to prepare for next bullrun to $10mil

r/CryptoCurrencySee Post

$20K in a single coin, which one?

r/CryptoMarketsSee Post

Whales Splash $45M MATIC On Coinbase: Polygon Poised For $1?

r/CryptoCurrencySee Post

Whales Splash $45M MATIC On Coinbase: Polygon Poised For $1?

r/CryptoCurrencySee Post

What's the future of altcoins like ADA, ATOM, MATIC, DOT?

r/CryptoCurrencySee Post

COIN-M Exchanges / DEXs Today

r/CryptoCurrencySee Post

What's Going on with ETH?

r/CryptoCurrencySee Post

Which exchange do you recommend (located in the US) for regularly exchanging 50 US dollars to Polygon(MATIC) or Litecoin and then immediately sending it?

r/CryptoCurrencySee Post

Migrate your MATIC tokens to new upgraded POL tokens

r/CryptoCurrencySee Post

What are the 10 cryptos everyone should have at least some dust of?

r/CryptoMarketsSee Post

Polygon's MATIC: Bullish Surge Amid POL Token Upgrade

r/CryptoCurrencySee Post

Whales Flip SOL, MATIC Triggering Imminent Price Upsurge

r/CryptoCurrencySee Post

One of these again!!!!

r/CryptoMarketsSee Post

Whales Flip SOL, MATIC Triggering Imminent Price Upsurge

r/CryptoMarketsSee Post

Polygon (MATIC) Price Analysis: Can It Break Out of the Downtrend?

r/CryptoCurrencySee Post

MATIC Analysis: What's Next for Polygon (MATIC) Investors? - COINTURK NEWS

r/CryptoCurrencySee Post

What happened on Sep 19th?

r/CryptoCurrencySee Post

The modularity in the Ethereum ecosystem

r/CryptoCurrencySee Post

FUD about ETH!

r/CryptoCurrencySee Post

Chainlinks on-chain earnings pumped from 300k to 10m recently, here's the data

r/CryptoCurrencySee Post

Without community points, you no longer have any reason to fear. Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - without community points, you no longer have any reason to fear! Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - you no long have any reason to fear obtaining negative karma here! Take this opportunity to tell me all your opinions and comments that would be deemed unpopular in this subreddit.

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoCurrencySee Post

BTC dominance is at 52%. - Bitcoin remains the OG of crypto.

r/CryptoMoonShotsSee Post

PipeFlare | Play2Earn Blockchain Games | Mystery Wheel | Win Matic, 2FLR Or Gems | Claim Your Free Spin

r/CryptoMarketsSee Post

Analyzing the Price Trends of Polygon’s (MATIC)

r/CryptoCurrencySee Post

Polygon (MATIC) makes updates to its staking. Find out what changes

r/CryptoCurrencySee Post

Recap On ETH and ETHW

r/CryptoCurrencySee Post

What to keep prior to BTC halving

r/CryptoCurrencySee Post

Effectiveness of DCA from the Bottom of the Bear market ( Low of 2022)

r/CryptoCurrencySee Post

Polygon (MATIC) rally comes to an end as competitors devour market share

r/CryptoCurrencySee Post

Polygon Supernet Architecture Analysis: How Polygon plans to scale out

r/CryptoCurrencySee Post

Deribit to List XRP, SOL, MATIC Options; Seeks License in EU

r/CryptoMoonShotsSee Post

ButtCoin ASA | A Beacon of Integrity | 1000x Potential

r/CryptoCurrencySee Post

Polygon (MATIC) Price Moves Above 220-Day Resistance After Google Cloud Becomes Validator

r/CryptoCurrencySee Post

Tokens vs Business Logic

r/CryptoCurrencySee Post

South Korean gaming titan Wemade taps Chainlink for interoperable Web3 gaming ecosystem

r/CryptoCurrencySee Post

MATIC Price Hits 1-Month Peak as Google Becomes Official Polygon Validator.

r/CryptoCurrencySee Post

Google is now a Polygon (MATIC) network validator

r/CryptoMoonShotsSee Post

Welcome To Veggies Farm

r/CryptoCurrencySee Post

Google Cloud Joins Polygon as Validator, Stakes Over 10,000 MATIC

r/CryptoCurrencySee Post

Analyzing ADA

Mentions

I sold off my MATIC, DOT and others , put it into bonk and turbo and no fucking complaints at alllllll

Mentions:#MATIC#DOT

tldr; Polygon has experienced a significant increase in Real World Asset (RWA) interest, making it second only to Ethereum in this domain. The network's native token, MATIC, has also seen an uptrend in value. Polygon's Founder, Sandeep Nailwal, highlighted the multiple RWA launches on the platform and its recent collaboration with top Italian banks for a digital bond issuance. Despite a recent dip, MATIC's price surged, reflecting the growing interest and development in Polygon's RWA ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

MATIC isn't moving much.

Mentions:#MATIC

So many “safe bet Alts” like ADA,DOT,MATIC,XRP,AVAX and others creating new lows vs BTC

That's when inverse r/cc takes effect and you start to cash out. I remember the precise days of the ATHs of alts like Cardano, Shib and MATIC for that exact reason. In those cases mentions of those coins were overwhelming and also at an ATH on the daily, and you see people getting insane hopium. Many people were saying Cardano and Matic were going to $10 and Shib was going to kill another zero - I doubt many took any profits that day.

Mentions:#MATIC#ATH

93% MATIC holders were in losses recently That number about to go to 99% real quick..

Mentions:#MATIC

Maybe that's why MATIC price went to shit recently?

Mentions:#MATIC

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because there are already 2 posts about MATIC in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

Mentions:#MATIC

I remember shorting MATIC back in mid 2022, since it was the few going up when everything else was crashing. COMP and AAVE also in the same category, but SOL is a better bet at the moment.

How does one invest in Polymarket itself? I mean, look at their TVL. They don't have neither stocks nor tokens of their own. Maybe invest in related tech such as Polygon MATIC (POL)? Any other ideas?

Mentions:#MATIC#POL

most people would be better just not investing in crypto > I've been sitting -80% literally. But this next bull run will be different https://np.reddit.com/r/CryptoCurrency/comments/16h7jog/daily_crypto_discussion_september_13_2023_gmt0/k0ffolq/ > MATIC please hit $10 this bull run you have the highest potential ! https://np.reddit.com/r/CryptoCurrency/comments/12lc6jb/daily_general_discussion_april_14_2023_gmt0/jg7smbm/?context=3

Mentions:#MATIC

I mean it makes no sense for Polygon to have MATIC as a ticker instead of POL imo Polygon was originally named MATIC then they rebranded to Polygon which makes POL more fitting. So i think this is just the 2nd rebranding?

Mentions:#MATIC#POL

#Polygon Con-Arguments Below is a Polygon con-argument written by Chysce. > \>> **Polygon is not at all decentralized** > > Polygon currently has [fewer than 100 validators](https://crosstower.com/resources/education/nakamoto-coefficient/) which results in a Nakamoto Coefficient [Nakamoto Coefficient](https://nakaflow.io/) of just 4. This means that just four validators have enough control to shut down the blockchain or produce false blocks. > > In addition to that whales currently hold \~86% of the entire [supply](https://app.intotheblock.com/coin/MATIC). For comparison ETH whales control 40% of the [supply](https://app.intotheblock.com/coin/ETH) > > \>> **Rising competition** > > Polygon's main competitors are Arbitrum and Optimism, both of which have recently launched their tokens and are keen to establish themselves in the market. Despite being in their early stages of development, both Arbitrum and Optimism have already caught up with Polygon. > > In terms of Total Value Locked: > > * [Arbitrum 2130m](https://defillama.com/chain/Arbitrum) > * [Polygon 1040m](https://defillama.com/chain/Polygon) > * [Optimism 939m](https://defillama.com/chain/Optimism) > > Its main competitor, Arbitrum is both faster and cheaper than Polygon. Detailed comparison of Polygon Arbitrum and Optimism can be found [here](https://pixelplex.io/blog/polygon-vs-arbitrum-vs-optimism-comparison/). > > Additionally since Polygon is **heavily relying on ETH**, if ETH ever accomplishes scaling it will render any L2, including MATIC, obsolete. > > \>> **Eccentric founder** > > Polygon's founder Sandeep is known for his eccentric views on Twitter oftentimes childishly belittling competitors instead of spreading positivity. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

Mentions:#MATIC#ETH

#Polygon Pro-Arguments Below is a Polygon pro-argument written by a deleted user. > ####**High Efficiency** > > **Very Fast network** > > The main benefit of using the Polygon PoS network is that it's an Ethereum scaling solution that provides much faster and cheaper transactions. > > * **High Throughput**: Current throughput is 350 TPS for 21k gas transfers and ~150 for ERC-20 tokens. It can go faster as a [7200 TPS test with 122 validators has shown](https://cryptoslate.com/matic-testnet-just-powered-ethereum-eth-to-7200-tps-dapps-next/), but Polygon decided to keep the limit at 30M gas per block to combat spam and storage bloat. > * **Fast Block Times**: It has very-fast [2-second average block times](https://polygonscan.com/chart/blocktime). Though due to its finality being probabilistic and high chance of reorgs, you would want to wait ~32 blocks or 1 minute before assuming finality. > > **Lower Fees than L2** > > * Fees are extremely cheap, so much that [validators have been colluding to set the priority fee at 30 Gwei](https://cryptoslate.com/polygon-matic-to-raise-gas-fee-to-30-gwei-to-prevent-spam-transactions/) to combat spam ever since [Polygon co-founder Sandeep's recommendation for it in Oct 2021](https://forum.polygon.technology/t/recommended-min-gas-price-setting/7604). > * Even with the artificially-inflated fees, Polygon transfer fees still only cost $0.001 while competing L2 rollup transfer fees are usually 10x to 100x more expensive in the [$0.02 to $0.20 range](https://l2fees.info/). > * A lot of games like Decentraland and The Sandbox moved to Polygon because they are able to airdrop NFTs to thousands of players at negligible costs. > > ####**Benefits from a synergistic relationship with Ethereum** > > There is a lot of overlap between the Ethereum and Polygon communities, and they both benefit from it. > > While Polygon is technically a sidechain, it helps offload a lot of traffic off Ethereum L1 and thus helps scale it. Thus, it's filling in the same role as an L2. > > * Polygon copies a lot of Ethereum's code and updates. For example, Polygon's London update for EIP-1559 is copied from Ethereum's London update. > * Nearly any wallet that works for Ethereum also works for Polygon. > * Polygon and Ethereum both use EVM for smart contracts, so it's easy for Ethereum's large number of devs to work on Polygon. Their blockchain explorers are also almost identical, so it's easy to audit transactions between them. > * Polygon's Bor block producer layer runs a version of Geth (the Go implementation of Ethereum), so they share similar consensus clients. > * Polygon generates hundreds of thousands of dollars of transactions fees for Ethereum through [MATIC Token transfers](https://etherscan.io/token/0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0), [PoS Bridge transfers](https://etherscan.io/address/0xa0c68c638235ee32657e8f720a23cec1bfc77c77), and their [Root Chain Proxy](https://etherscan.io/address/0x86e4dc95c7fbdbf52e33d563bbdb00823894c287) checkpoints every 30-45 minutes. > * Ethereum provides security for Polygon PoS through [their checkpoints](https://wiki.polygon.technology/docs/pos/heimdall/checkpoint/), which are necessary as Polygon bridge proofs. MATIC tokens are also [staked on the Ethereum network](https://wiki.polygon.technology/docs/faq/staking-faq/). > > ####**High TVL and app support** > > * **Top 10**: Polygon's TVL has declined greatly in the bear market [to $1.2B](https://defillama.com/chains), but it's still enough to hang onto its Top 10 spot. Its market cap is also still in the [top 10 at $10B](https://www.coingecko.com/en/coins/polygon). > * **Many dApps** like OpenSea, AAVE, Curve, and Uniswap support Polygon. **Reddit's Collectible Avatars** launched on Polygon PoS, which gave it a lot of social media publicity. > * **CEX support**: Most of the largest CEXs like Binance, Coinbase, and Kraken now support the Polygon network for withdrawals. > * **Metaverse**: The 2 largest metaverse games, Decentraland and The Sandbox uses Polygon for their player item NFTs. > > ####**Upcoming Polygon zkEVM** > > The whole Ethereum community is very excited for zkEVMs. > > Polygon was the first to launch a [public zkEVM testnet](https://polygon.technology/blog/polygon-zkevm-public-testnet-the-next-chapter-for-ethereum) in Oct 2022. They already have a [mainnet launch date of March 27, 2023](https://polygon.technology/blog/to-ethereum-with-love-announcing-polygon-zkevm-mainnet-beta-on-march-27th), and everyone is looking forward to it. > > #####**Nakamoto Coefficient is increasing** > > Polygon has a [limit of 100 validators](https://wiki.polygon.technology/docs/maintain/validate/validator-responsibilities/). While this is still quite low, it actually has a bigger Nakamoto Coefficient than both Bitcoin and Ethereum. The more important thing is that it's increasing. Only several months ago, it only took 5 validators to reach 50% stake of the network. Now it has increased to [7 staking validators](https://polygonscan.com/stat/miner?range=14&blocktype=blocks) of MATIC. You can track the identities of the validators, and they all seem to be distinct organizations. > > This is partially thanks to how its [staking website](https://staking.polygon.technology/validators) encourages delegates to stake with smaller validators. Validators with large stakes are hidden on the website while only the smaller ones are shown. There is also a message at the top saying: "To distribute power on the network, please delegate to other top performing validators." > > ####**Great user experience** > > I personally complain a lot about Polygon's centralization and lack of transparency. But I still use Polygon PoS more than any other network. > > Ultimately what matters to me is that it is fast, cheap, has a huge amount of dApps, has good CEX adoption, and has a great blockchain explorer. And those combined lead to a great user experience. > > For new users who don't have MATIC gas tokens, there is a [Polygon Wallet Suite](https://wallet.polygon.technology/polygon/gas-swap) where you can use meta transactions to convert bridged ETH to MATIC without first needing MATIC. > > ####**Long-term Economic Sustainability** > > - The MATIC token is used for staking, and those rewards come from both a token pool and from transaction fee. The [1.2B token pool allocated to Validator Rewards is expected to run out in 2023](https://docs.polygon.technology/docs/maintain/validator/rewards/), after which there will be no more supply inflation. Fifth year validator rewards from the 12% pre-allocated supply will total $150M. After the 5th year, validators are meant to survive on transaction fees alone. > - Currently, [transaction Fees generate $70M annually, with $40M of it burned](https://tokenterminal.com/terminal/projects/polygon). This equates to $300K per validator annually. That's more than enough to run a validator annually. So besides Ethereum, this is one of the few networks with an economically-sustainable security model without inflation. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

MATIC trades are fun and easy. Great coin to print some USDT. I wouldnt HODL MATIC though.

You dont have to do anything for now I think. Im pretty sure its automated and if not I guess you will be able to migrate from MATIC to POL. There are currently no deadlines for MATIC holders on Ethereum and Polygon zkEVM to upgrade to POL but their community will setup a deadline soon

Mentions:#MATIC#POL

I hope this will be a blessing in disguise for MATIC. It needs a magical recovery in price.

Mentions:#MATIC

Kraken has me feeling uneasy about the FET transition, but hopefully this MATIC to POL transition will be handled without me having to do anything with it.

tldr; Polygon is set to upgrade its native MATIC token to POL on September 4. This upgrade will see POL replacing MATIC as the native gas and staking token on the Polygon proof-of-stake chain. MATIC holders on the Polygon PoS chain and in staking contracts on Ethereum will have their tokens automatically converted to POL. Detailed steps for conversion are provided for MATIC holders on Polygon’s zkEVM rollup, centralized exchanges, or the Ethereum blockchain. The POL token aims to enhance security and unify liquidity across the Polygon network, with future roles in block generation, zero-knowledge proof generation, and participation in Data Availability Committees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I stake my Ether in multiple locations, across multiple wallets, to mitigate any risk. I also do not stake ALL of my ETH either. I have a portion on Coinbase, Etherfi, Everstake and Blast Network. I stake MATIC via my Exodus Wallet I stake CELR via their native protocol

Ah yes, MATIC. The one alt I didn't rebalance. Still staking mine away - waiting for the day it returns above $1 8)

Mentions:#MATIC

Hopefully I’ll get rid of my MATIC bag this bull run

Mentions:#MATIC

MATIC is the gift that keeps on giving me a headache.

Mentions:#MATIC

#Polygon Con-Arguments Below is a Polygon con-argument written by excalilbug. > Polygon is a side chain of Ethereum, a layer 2 solution. Solution to a high fees problem. But does it really solve it and is it really needed? > > ​ > > * **Congestion and vulnerabilities** > > When Polygon started to grow rapidly in 2021, it [experienced a network congestion](https://crystlfinance.medium.com/polygon-network-congestion-causes-and-solutions-71117b7711cc). Transaction fees skyrocketed and became very slow (they took several hours or even days to complete) > > But high demand isn't the only reason why Polygon might get congested. To achieve low transaction fees something has to be sacrificed. And this something is security. E.g. DDoS attacks are much more effective against Polygon than against ETH. Even unintentional DDoS attacks like was in the case of a game called Sunflwoer Farmers. Since the game used blockchain transactions for in-game actions, it completely congested the network > > But DDoS attacks and congestion problems are Mickey-Mouse-stuff compared to hacker attacks. Polygon was victim to probably the most famous attack in crupto. In August 2021 a hacker stole over 600 million worth of assets due to a [vulnerability between contract calls](https://twitter.com/PolyNetwork2/status/1425130017546149891) > > ​ > > * **It is not independent and it's centralized** > > As a layer 2 solution Polygon depends on Ethereum. So if ETH does something bad, Polygon will be hurt, too. But even if ETH does something good, polygon might suffer. How is it possible you ask? Well, one of the next steps on Ethereum's roadmaps is working on scalability and lowering gas fees. If one day ETH manages to lower fees while maintaining its security, polygon won't be needed anymore > > Polygon is also in competition with other layer 2 solutions. And it's probably losing it. While Optimism's and Arbitrum's total value locked keeps going up, Polygon's TVL went down > > The fact that concentration of large holders of the coin is [85%](https://app.intotheblock.com/coin/MATIC) also doesn't help (for comparison, it's 11% for [bitcoin](https://app.intotheblock.com/coin/BTC) and 39% for [ethereum](https://app.intotheblock.com/coin/ETH)) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

Didn’t they inflate the token by 20% or substantially change the tokenomics when they did the rebrand from MATIC to Polygon?

Mentions:#MATIC

MATIC is a stablecoin at this point

Mentions:#MATIC

tldr; The future of MATIC, a cryptocurrency tied to the Polygon blockchain, is closely linked to Polygon's market value and network growth. Recent data shows significant milestones for Polygon, including a surge in daily active addresses to 500,000, marking a substantial increase in user engagement. MATIC has outperformed competitors like Bitcoin in terms of new user addresses, with a 50% increase over Bitcoin's user acquisition last year. Despite a bearish performance in previous months, MATIC has seen a bullish trend this week, with a 0.46% increase and over 5% weekly gains. The positive market fundamentals and increased user base highlight a growing demand for MATIC. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#MATIC#DYOR

Honestly, I’ve come to understand that the memecoin strategy works for some folks but not for many of us. I prefer the traditional way: investing in quality, well-researched projects. I have a bunch of them that have seen gains over the years. I bought MATIC and CHZ very early in the previous bull run. I’m looking forward to seeing SightAI repeat the trick for me this bull run. It's a very nice AI + FHE package.

Mentions:#MATIC#CHZ

If they're heavy in alts like MATIC, they will get more in USD refund because most alts are currently even lower than during FTX crash

Mentions:#MATIC#FTX

Hey guys! I do not have enough score to make a post. I wanted to ask about decentralized investments. I am currently looking at pools in pancakeswap and uniswap, renting energy on tron, DOT staking, and staking with services like Lista Staked BNB and Lido Staked MATIC alongside WBETH. What do you guys think are the best methods to invest in a decentralized way?

Safe/pay-off very predictable: BTC, ETH, SOL Riskier/might will take longer to reach potential: MATIC, ICP

I agree, Polygon (MATIC) seems promising

Mentions:#MATIC

Add another one to the list Algo, MATIC has been recent favourites that have been dumped to the ground

Mentions:#MATIC

> "Bitcoin, it just seems like a scam," Mr Trump said. "I don't like it because it's another currency competing against the dollar." - June 2021 For every credibility gap, there is a gullibility gap > 75% VET 25% MATIC. 2024 MILLIONAIRE !!! https://np.reddit.com/r/Vechain/comments/18qi8mn/vechain_daily_discussion_december_25_2023/kewwt3e/

Mentions:#VET#MATIC

Please, is it very difficult to trace things forward and to find the ultimate destination wallet of my stolen BTC, ETH and MATIC? Thanks.

#Polygon Con-Arguments Below is a Polygon con-argument written by excalilbug. > Polygon is a side chain of Ethereum, a layer 2 solution. Solution to a high fees problem. But does it really solve it and is it really needed? > > ​ > > * **Congestion and vulnerabilities** > > When Polygon started to grow rapidly in 2021, it [experienced a network congestion](https://crystlfinance.medium.com/polygon-network-congestion-causes-and-solutions-71117b7711cc). Transaction fees skyrocketed and became very slow (they took several hours or even days to complete) > > But high demand isn't the only reason why Polygon might get congested. To achieve low transaction fees something has to be sacrificed. And this something is security. E.g. DDoS attacks are much more effective against Polygon than against ETH. Even unintentional DDoS attacks like was in the case of a game called Sunflwoer Farmers. Since the game used blockchain transactions for in-game actions, it completely congested the network > > But DDoS attacks and congestion problems are Mickey-Mouse-stuff compared to hacker attacks. Polygon was victim to probably the most famous attack in crupto. In August 2021 a hacker stole over 600 million worth of assets due to a [vulnerability between contract calls](https://twitter.com/PolyNetwork2/status/1425130017546149891) > > ​ > > * **It is not independent and it's centralized** > > As a layer 2 solution Polygon depends on Ethereum. So if ETH does something bad, Polygon will be hurt, too. But even if ETH does something good, polygon might suffer. How is it possible you ask? Well, one of the next steps on Ethereum's roadmaps is working on scalability and lowering gas fees. If one day ETH manages to lower fees while maintaining its security, polygon won't be needed anymore > > Polygon is also in competition with other layer 2 solutions. And it's probably losing it. While Optimism's and Arbitrum's total value locked keeps going up, Polygon's TVL went down > > The fact that concentration of large holders of the coin is [85%](https://app.intotheblock.com/coin/MATIC) also doesn't help (for comparison, it's 11% for [bitcoin](https://app.intotheblock.com/coin/BTC) and 39% for [ethereum](https://app.intotheblock.com/coin/ETH)) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

#Polygon Pro-Arguments Below is a Polygon pro-argument written by Shippior. > [Polygon](https://polygon.technology/)(Ticker: [MATIC](https://www.coingecko.com/en/coins/polygon)) is an Ethereum Virtual Machine ([EVM](https://ethereum.org/en/developers/docs/evm/)). It is a sidechain from Ethereum for the solving the scaling problem that Ethereum has by offering faster and more cheap transactions by offering transaction to settle on the Polygon chain and to be later settled on the Ethereum chain. It was created in 2017 by an Indian based team as the Matic network and was later rebranded to Polygon. > > Polygon has a maximum supply of 10 billion tokens. The [total breakdown](https://www.coinbase.com/institutional/research-insights/research/tokenomics-review/polygon-matic-scaling-solutions#:~:text=Polygon's%20token%20MATIC%20is%20primarily,validator%20nodes%20to%20earn%20rewards.) of this supply is 19% Initial exchange offering, 16% to the team, 4% to advisors, 12% to staking rewards, 21.86% to the foundation and 23.33% for future investments in the ecosystem. This shows that there is a lot of funds available for development of the blockchain. This is also seen in the number of developers that chose to work on Polygon. The number of developers working on Polygon has grown to over 1100, which is 16x more than in [2018](https://twitter.com/theweb3sharma/status/1615592481047080961). > > Contrary to other blockchains, polygon is not just one blockchain but a number of blockchains under one hood, each of them focused on a different application. This allows Polygon to compete on several (almost all markets at the same time). It has prominent applications for DeFi, NFTs and [web3 gaming](https://techcrunch.com/2023/03/20/polygon-and-immutable-partner-to-help-onboard-more-gamers-and-developers-into-web3/). For instance it is at the moment a [very populair chain for NFTs] > (https://ambcrypto.com/polygons-nft-space-is-booming-as-trade-count-surges-thanks-to/) and many projects from other chains want to migrate to Polygon. At the moment it has roughly the same volume as [Solana, but both are still dwarfed by the NFT volume of ETH.]( > https://dune.com/rchen8/opensea) > > The most well-known DEXs on the Polygon chain are [Uniswap](https://app.uniswap.org/#/swap), [Quickswap](https://quickswap.exchange/#/) and [1Inch](https://app.1inch.io/#/137/simple/swap/MATIC/DAI). These are all very high profile DEXs. Because Polygon is based on Solidity, just like Ethereum, it is easy to implement it on a DEX that was originally built for Ethereum. This also helps the Polygon chain in general as contract or updates that are developped for Ethereum can be implemented with very little effort. Even if that was a problem, Polygon has currently the fastest growing [number of developers](https://dailyhodl.com/2023/01/19/polygon-cosmos-and-two-ethereum-rivals-have-surged-over-400-in-one-metric-says-crypto-firm/#:~:text=According%20to%20the%20report%2C%20Polygon,2%2C000%20and%20Solana%20about%202%2C250.). > > > Polygon has impressed several multinationals to host their web3 introductions. Starbucks has hosted their rewards program called [Starbucks Odyssey program](https://odyssey.starbucks.com/) on the chain. Reddit has chosen Polygon chain to host their [Avatar NFTs](https://decrypt.co/112783/reddit-nfts-surge-as-polygon-based-avatars-reach-millions-of-new-users) which has seen a large influx of new wallets for MATIC. > > Due to all the hype for MATIC it continues to grow. More than [11 million active wallets](https://polygon.technology/blog/polygon-insights-for-2022) were present in Q4 2022, an increase of 115% compared to Q4 2021. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

QNT MATIC, FTM, BTC, Turbo, Maneki,CRO

What exactly is this "adoption rate" metric mentioned in the article, and how is it calculated? The article links to another article by the same author as a source for this adoption rate metric, but that article contains neither the phrase "adoption rate" nor the 34% figure. So where does this number come from, and what does it mean? Without a clear answer to this question, it seems like a made-up metric that was created solely to give reporters something nice to say about MATIC.

Mentions:#MATIC

Do you ever think MATIC will outpace ETH 10:1 over the next 10 years? Possible.

Mentions:#MATIC#ETH

MATIC is garbage.. sorry Id rather just buy more ETH. Its too inflationary theres nothing going on and the price cant go tits up. And that ticker change wtf was that about? No no for me

Mentions:#MATIC#ETH

tldr; Polygon (MATIC) is currently facing a slow recovery, with its price under $0.50. Despite this, the adoption rate remains steady at 34%, and investor sentiment is largely positive, indicating a strong belief in MATIC's future potential. The token's recovery is expected to be driven by investors' optimism rather than market trends. However, if the price fails to flip $0.50 into support, MATIC could potentially fall to $0.45, challenging the bullish outlook. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Mentions:#MATIC#DYOR

So your big use case for bitcoin over alts is that is has a pegged price (it doesn't. It's very volatile). And that it's the best for P2P transactions. Which again it's not. Almost every other crypto is cheaper.and faster and better for P2P transactions. Solana, MATIC, BASE, Algo, Stellar, and Hedera are just a few examples Actually the funny thing is that the biggest chain that probably has the least volatile price with fast transactions is Tron Every response I get is just more proof alt coins are needed hahaha

Mentions:#MATIC#BASE

ARB, MATIC, LINK and OP looks really promising for me.

MATIC higher than SHIB/PEPE is insane. They should be at least in the same tier

I just bought something with crypto and like always... it doesn't make any sense to me that people take crypto as payment but don't take stablecoins. I paid in MATIC, because it was the cheapest network they supported, and sent it to https://polygonscan.com/address/0x4f17b41b8461d52230fec0b91553a05594f34cc2 They have ~$6.5k of MATIC in that wallet. The oldest transaction is 72 days old. There are no outbound transfers. MATIC is down 35% in the last 30 days. Like I get supporting crypto payments and crypto in general and I think there are positives... but this is not the way. Sell $10k of product, get $6.5k of revenue (35% drop). Risk your revenue on the whims of market traders as opposed to just $10k sales = $10k sales. Seems crazy to me. I feel like even a purist would have to concede that stablecoins makes sense for this. Only way volatile crypto makes sense as payment imo is if you actually want to "DCA" crypto onto your balance sheet and you know crypto sales will be a nice small % of sales so you figure *why not*.

Mentions:#MATIC#DCA

My god MATIC

Mentions:#MATIC

MATIC really seems dead to me but maybe it'll turn around lol

Mentions:#MATIC

BTC, DOGE, DOT, MATIC ![gif](giphy|l0Ex6kAKAoFRsFh6M|downsized)

Look at MATIC and ARB..... Its awful

Mentions:#MATIC#ARB

Didn't MATIC mint a massive amount of tokens out of the blue? That fucks price action pretty quickly for the holders

Mentions:#MATIC

My small consolation prize is staking MATIC for a couple of years - earning about 1.5 a day... hopefully it does return to atleast $1.00 by the end of the year!

Mentions:#MATIC

Ugh don’t even remind me of MATIC, got rid of that earlier this year.

Mentions:#MATIC

I just moved every money I’ve had left into BONK, WIF and PEPE. Smart move I am sure of it. These memes are 100x better then stupid coins like ADA and MATIC.

DCA into BTC, ETH, ^(ada), MATIC, DOT, ARB, ATM and OP.

Loaded massive bags of Polygon MATIC. Thank you 💵💵💵

Mentions:#MATIC

BTC, ETH, MATIC, ADA, SOL, LINK, ATOM (big fan of staking it), and JASMY on this dip so far. Holding on to more cash and waiting to see if we drop anymore. JASMY is one of the few newer Altcoins I’m gambling on this cycle a bit.

you put ADA and MATIC above SOL? that's a violation

Alta: MATIC and BitCone for me

Mentions:#MATIC

Not with many coins. ICP, SOL, SNX, MATIC. All and many more doomed. Stick to BTC and ETH. (But mainly BTC)

It's why so many here still shill coins from the last cycle. ADA/ALGO/MATIC/etc are never going to touch their previous highs and they will stay bagholders until they finally capitulate. It makes way more sense to start clean each bear market, accumulate new cycle coins with good tokenomics, and then sell it all at some point in the bull market.

I should’ve sold off several of my Alts when BTC was above $70k… that’s my only regret. I was well into the green with stuff like MATIC, LINK, ADA, etc at that point in time. Should’ve just taken all of those profits and then waited until a time like now to start pumping said profits into more BTC. The altcoin market is what worries me the most. Thankfully, I have a GREAT position (like $22k average) with Bitcoin… and Bitcoin is the most important to me.

The solid top caps projects that are currently on discount now are the good ones to invest in. The likes of ATOM, SOL, NEAR, ETH and MATIC. There is also a top gem in the making with an ASI token, which is a combination of FET, OCEAN and AGIX. The first phase is already live this week and the next phase is scheduled for July 15. A good one to buy in my book.

Try Cryptopolium Game. For now you can earm MATIC by testing the beta version.

Mentions:#MATIC

If Solana and Cardano are "newer" coins how do you call projects like AIOZ, MATIC, RNDR? Not to mention some projects that are yet to launch like Rivalz Network or Sight AI. Those are all good investment opportunities, imo. AI narrative is huge and hot, DePIN as well. There are many things to look at right now.

If you only count the 3 character ones (such as BTC, ETH, XMR, XRP and so on) and only use the characters in the English alphabet that's 26^3, or 17, 576 combinations. I don't think that's going to be exhausted very soonest, especially since we also have tickers with 4+ characters (such as SHIB, MATIC, AVAX and so on)

well- if we assume crypto symbols are 3-4 characters long for simplicity and using only the english alphabet: For 3-character symbols: 26^3 = 17,576 For 4-character symbols: 26^4 = 456,976 Total combinations: 17,576 + 456,976 = 474,552 474,552 possible combinations is quite alot and thats not even including digits or 5-character symbols like MATIC lol

Mentions:#MATIC

If you mean tickers, there is no standard that forces a ticker to be 3 or 4 characters. Just think of MATIC. And there is also no nothing preventing two currencies from using the same ticker.

Mentions:#MATIC

i dont belive you, the moment you will be able to make some money you will have both. Besides depending on the chain gas fees can cost literally cents in fiat. Something like MATIC

Mentions:#MATIC

Because it was named Matic Network before it was named Polygon. No need for it to have the ticker MATIC still. POL is better for Polygon.

Mentions:#MATIC#POL

MATIC and all tokens deployed on it in mine

Mentions:#MATIC

MATIC must be one of the most hyped Cryptos and sadly not quite the performance since years.

Mentions:#MATIC

MATIC? you mean poor man's solana?

Mentions:#MATIC

The only thing I know is that my MATIC bag is going to enjoy the ride

Mentions:#MATIC

#Polygon Con-Arguments Below is a Polygon con-argument written by Chysce. > \>> **Polygon is not at all decentralized** > > Polygon currently has [fewer than 100 validators](https://crosstower.com/resources/education/nakamoto-coefficient/) which results in a Nakamoto Coefficient [Nakamoto Coefficient](https://nakaflow.io/) of just 4. This means that just four validators have enough control to shut down the blockchain or produce false blocks. > > In addition to that whales currently hold \~86% of the entire [supply](https://app.intotheblock.com/coin/MATIC). For comparison ETH whales control 40% of the [supply](https://app.intotheblock.com/coin/ETH) > > \>> **Rising competition** > > Polygon's main competitors are Arbitrum and Optimism, both of which have recently launched their tokens and are keen to establish themselves in the market. Despite being in their early stages of development, both Arbitrum and Optimism have already caught up with Polygon. > > In terms of Total Value Locked: > > * [Arbitrum 2130m](https://defillama.com/chain/Arbitrum) > * [Polygon 1040m](https://defillama.com/chain/Polygon) > * [Optimism 939m](https://defillama.com/chain/Optimism) > > Its main competitor, Arbitrum is both faster and cheaper than Polygon. Detailed comparison of Polygon Arbitrum and Optimism can be found [here](https://pixelplex.io/blog/polygon-vs-arbitrum-vs-optimism-comparison/). > > Additionally since Polygon is **heavily relying on ETH**, if ETH ever accomplishes scaling it will render any L2, including MATIC, obsolete. > > \>> **Eccentric founder** > > Polygon's founder Sandeep is known for his eccentric views on Twitter oftentimes childishly belittling competitors instead of spreading positivity. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find submissions for other topics.

Mentions:#MATIC#ETH

I never understood the move behind changing MATIC to POL

Mentions:#MATIC#POL

MATIC was $0.8 after the massive dump caused by FTX bankruptcy. Now at $0.56, down more than 30%. If you held MATIC in FTX, you got refunded in the dollar amount at the time of bankruptcy. Which means getting rugged in FTX is more profitable than blind holding 😂

Mentions:#MATIC#FTX

MATIC was $0.8 after the massive dump caused by FTX bankruptcy. Now at $0.56, down more than 30%. If you held MATIC in FTX, you got refunded in the dollar amount at the time of bankruptcy. This is the same for lots of alts. Getting rugged by FTX is actually more profitable than holding.

Mentions:#MATIC#FTX

tldr; Ethereum and Polygon have become dominant in attracting institutional investments in the crypto space, with a significant portion of institutional funds and treasury products being deployed on these networks. This trend is seen as bullish for the ecosystems, potentially increasing demand and utility for ETH and MATIC tokens. Despite a recent drop in their prices, the ongoing development and launch of new crypto-related products, such as the Spot Ethereum ETF and Polygon's AggLayer, continue to highlight their relevance and appeal to institutional investors. Additionally, the launch of a $50 million web3-focused fund by MATIC's co-founder further underscores the growing institutional interest in these platforms. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Split Portfolio: 40% SOL, 40% VET, 20% MATIC and pray