Matic–ETH

What is MATIC ? Matic is the native cryptocurrency of the Polygon network and is used to help drive development across the network and can be used for staking and paying for transaction fees. Users can earn MATIC tokens by providing computational resources and services to the Polygon network

MATIC is required to make any transactions on Polygon. Transactions on Polygon are very cheap (generally <0.02 MATIC each), so 1–2 MATIC should be more than sufficient for most users (50–100 transactions).

What is Polygon Matic used for? The Polygon platform, powered by the MATIC token, was launched to connect and grow Ethereum-compatible projects and blockchains. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees. Polygon uses a modified proof-of-stake consensus mechanism to efficiently operate the platform. MATIC reputation is to be a “excellent” . MATIC's price might reach $2.96 by March, according to its Polygon cryptocurrency price forecast. It claimed that by March 2027, it may reach $8.9, but after one year, the average price of a token would be $ 3.286.