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ADA vs MATIC compare

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About ADA

  • Name: Cardano

  • Symbol: ADA

  • Circulating supply: 35 010 905 000 $

  • Max supply: 45 000 000 000 $

  • Cmc rank: 8

  • Volume 24h: 250 506 730 $

  • Percent change 1h: 0,24 %

  • Percent change 24h: -0,34 %

  • Percent Change 7d: 1 %

About MATIC

  • Name: Polygon

  • Symbol: MATIC

  • Circulating supply: 9 319 469 100 $

  • Max supply: 10 000 000 000 $

  • Cmc rank: 12

  • Volume 24h: 284 390 920 $

  • Percent change 1h: 0,17 %

  • Percent change 24h: -0,094 %

  • Percent Change 7d: -3,1 %

About ADA

Cardano is a decentralised open-source system that enables advanced programmable transactions of value in an anonymous and secure way. Launched by Jeremy Wood and Charles Hoskinson in 2015, Cardano is a first decentralised platform based on a specific technological philosophy and an experimental approach. The founders used Haskell programming language to create a smart contract based platform which aims to provide better functionality and performance than any other blockchain protocol. The Cardano team includes well-recognized engineers and excellent researchers who work hard to maintain flexible, protected and ascendable blockchain environment. The Cardano protocol takes into account the latest technological and scientific standards in the sector. Moreover, the platform provides for the use of decentralised governance models that will allow project to develop over time.

About MATIC

Polygon is an innovative scaling solution supported by the top-rated cryptocurrency exchanges that aims to create a Layer 2 project. The platform will allow Ethereum users to scale their decentralised applications for broader usability. For the primary stage, Matic has already introduced its hybrid blockchain solution based on Ethereum. Matic has a potential to become one of the most progressive scaling second-layer platforms on the cryptocurrency market. Founded by Sandeep Nailwal in 2019, Matic prioritizes creating high-quality scalability solutions for the world of decentralised applications.

ADA vs MATIC : Which is better?

Both schemes have own cryptocurrencies that are carried on by their seed investor, private investor and general patron. Also, they are openly swapped by cryptocurrency trades and are used as a way to trade value or for theoretical investment. So, Cardano vs Polygon in term of token importance and exchangeability are pretty like considering that both their importance floats and sways according to market circs.

Which is the difference between ADA and MATIC?

Price

Cardano vs MATIC price depends on 2 factors:

  • The general mood of the market;
  • Regulatory pressure.

The ADA vs MATIC price is strongly influenced by the competitive environment. Cardano's price today is 0.30685793. There are now 35010905034 ADA coins in circulation with a maximum supply of 45000000000. Cardano had an all-time high of $2.9675 ten months ago. 

Polygon price today is 0.68610362. There are now 9319469069 MATIC coins in circulation, with a maximum supply of 10000000000. Polygon had an all-time high of $2.8940 six months ago.

Trading Volume

Cardano vs Polygon MATIC continues to be one of the top global cryptos, and as of today, its trading volume is around 250506725.04548000 . MATIC market capitalization figure amounts to $4.7 billion. 

Trading Pairs

You may trade Cardano on the industry-leading, fast, and secure Godex trading platform. Over 200+ cryptocurrencies and a huge number of crypto pairs for Cardano and Polygon trading are at your disposal on Godex.

Cardano is generally traded on 121 exchanges. Over the last day, Cardano has been traded on 1,028 active markets with its highest volume crypto pairs being USDT, USD, and KRW.

Polygon is listed on 157 exchanges. Over the last day, Polygon has been traded on 3,746 active markets with its highest volume trading pairs being USDT, USD, and VNDC.

A quick review to a ADA  vs MATIC  price chart

Both  Cardano vs Polygon bear from the one fluctuations that all fundamental crypto commerce do, it’s faithful that at the same period they can carry out better than the elder cryptos, but they still are intricate and bear oneself as other major crypto traders. So the  ADA  vs MATIC feud cannot be agreed just by looking at mart/price diagram.

Cardano vs Polygon  : Conclusion

ADA  and MATIC split up a lot of affinity but break in their aim auditorium. 

The Cardano vs Polygon battle shows to have finished in a industrial tie, they can both coexist since they have variant targets. Yes, they have affinity but that both are based on a successful pattern and are not necessarily a bad thing. Both are coming, sustainable and have massy foundation.

In the technological part of the ADA  vs MATIC consideration, we commence by observing that their logic is  variant .  Cardano and Polygon  they both are by rate and decentralized. It’s denomination marks that either aim at keeping under fees and fast proceedings.

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F.A.Q.

Is ADA a good investment ?

The benefits of investing in Cardano are considered to be:

  • Establishment of a stable ecosystem, and continuous improvement of the platform with new research being conducted.
  • The official ability to use ADA as a means of payment for real goods and services in some countries, such as Japan.
  • The use of the PoS protocol for mining simplifies coin mining and significantly reduces the need for expensive equipment.

However, according to analysts, Cardano is a great option for long-term investments rather than active intraday trading. This is because ADA's volatility is considered low relative to other cryptocurrencies, but the coin shows excellent growth over long periods.

Thus, Cardano stands a good chance of capturing a certain share of the crypto market.

Which is better ADA or MATIC ?

Considering Сardano vs Polygon which is better we have to admit that Cardano is not afraid of other competitors. It has been in the top 10 on CoinMarketCap for a long time. Moreover, it is not far behind XRP, Tether, Litecoin, and Bitcoin Cash in terms of value and capitalization. In addition, Cardano features fast operations and the ability to work with digital assets. Additional pluses of this coin are full users` privacy and a system of hard forks.

The MATIC platform is flexible. It supports multi-asset interactions, accommodates multiple protocols, and offers advanced decentralized financial management capabilities. Polygon is developing many ways to increase scalability and is 100% focused on the Ethereum network. However, the solutions will not be as relevant if Cardano displaces Ethereum from #1 place. A definite disadvantage of Cardano is a weak asset prevalence and not much transfer processing. It must solve its scalability issue, as it is only capable of processing 257 TPS.

Can I convert ADA to MATIC ?

Ada vs Polygon cryptocurrency is traded on almost all major cryptocurrency exchanges. ADA cryptocurrency can also be exchanged to Bitcoin, Ethereum, MATIC, or stablecoins on Godex at the best exchange rate, with minimum fees anonymously.