OP vs MATIC compare

What is OP?

Optimism has garnered substantial popularity among traders, investors, and everyday users alike. Widely accessible across numerous exchange platforms, the token can be acquired through various cryptocurrencies. Designed to facilitate secure and swift transactions using cutting-edge blockchain technology, Optimism serves as an attractive option for both short-term and long-term investments. As of 22.12.2024 , the current price of Optimism stands at 1.764200000000.

What is MATIC?

Polygon has garnered significant popularity among traders, everyday users, and investors, with the token being accessible for trading on a variety of exchange platforms, including reputable ones like Godex. As of 22.12.2024 , Polygon is valued at 0.378400000000, reflecting its current market price. This widespread availability and established value position Polygon as a prominent choice in the crypto landscape.

Key Differences

Apart from their respective prices, distinguishing Optimism from Polygon reveals significant disparities in the following metrics:

Optimism vs MATIC: Tokenomics

• Circulating Supply:
  • Optimism: Currently, there are 0 OP coins in circulation now, with a maximum supply of 0 OP coins.
  • Polygon: Boasts a circulating supply of 0 MATIC, with a maximum supply of 0 MATIC coins.
• Trading Volume:
  • Optimism: Registers a daily trading volume of $22592162.330493104000.
  • Polygon: Demonstrates a robust daily trading volume of $5481703.000000000000.
• Percentage Price Change:
  • Optimism: on the last day there was a price change of 0 %.
  • Polygon: Experienced a slight increase of 0 % in price for the last day.

Optimism vs MATIC: Performance

• Consensus Mechanism:
  • Optimism: No independent consensus algorithm; relies on Ethereum's Proof of Stake for transaction validation.
  • Polygon: Employs Proof of Stake in Heimdall layer for block finalization and validation.
• Transaction Confirmation Time:
  • Both Optimism and Polygon offer rapid confirmation times of 1-3 seconds.
• Transactions Per Second (TPS):
  • Optimism: Supports up to 2000 TPS.
  • Polygon: Exhibits higher theoretical throughput with 7000 TPS.
• Base Transaction Fee (USD):
  • Optimism: $0.03 to $0.065.
  • Polygon: $0.000375 to $0.000525.

Optimism vs MATIC: Adoption Rates

• Optimism:
  • Total Transactions Submitted: 64 Million.
  • Total Accounts Created: over 1.5 Million.
  • Main Exchanges: Available on Kucoin, Coinbase, Binance, and Huobi.
  • Total DApps and tools: over 400
• Polygon:
  • Average daily transactions: more than 3 million
  • Total Accounts Created: over 1.83k
  • Main Exchanges: Available on virtually all exchanges.
  • Total DApps Launched: 53 000

OP vs MATIC: Security and Decentralization

• Optimism derives its security from its integration with Ethereum, benefiting from Ethereum's robust validator network.
• Polygon, while decentralized, has a more centralized aspect due to its reliance on a central sequencer for transaction submission.

What is More Profitable to Buy Optimism and Polygon?

As of now, investing in Polygon has historically shown significantly higher returns, with an average yearly profit of 2,836.08%. The most profitable year for Polygon was in 2020, when its price surged by an impressive 14,251.58%. For instance, if you had invested $100 in Polygon a year ago, it would now be worth $16,322.

Optimism, being a newer project launched in 2022, is still in its early stages. If you invested $100 in Optimism a week ago, it would have grown to $114.58 today. While the current returns for Optimism are promising, it's important to note that Polygon, with its established track record since 2017, has a longer history of delivering substantial profits.

Ultimately, the investment strategy plays a crucial role in maximizing profit. Both projects have shown potential, and considering their respective histories, risk tolerance, and investment horizon is essential for making a well-informed decision.

The Future of OP and MATIC

Optimism, being a newer entrant to the blockchain space, launched in 2022. As a Layer 2 solution for Ethereum, it aims to alleviate congestion on the Ethereum network, offering faster and more cost-effective transactions. While it's still in its early stages, Optimism has shown promise and could play a pivotal role in Ethereum's scalability solutions.

On the other hand, Polygon, established in 2017, has already demonstrated substantial growth and adoption. It operates as both a Layer 2 and Layer 1 blockchain, contributing to Ethereum's ecosystem by reducing transaction fees and enhancing confirmation speeds. With its extensive range of decentralized applications and robust infrastructure, Polygon is well-positioned for continued expansion.

Both projects have unique strengths and serve complementary roles within the blockchain landscape. Their future success will likely depend on factors such as technological advancements, adoption rates, and how effectively they address the evolving needs of the crypto community. 

In addition, the future outlook for both OP and MATIC appears promising according to crypto experts' price predictions:

• For OP:
  • In 2025, OP is projected to range from $4.08 to $4.83, potentially yielding a return on investment (ROI) of 242.6%.
  • Looking further ahead to 2030, the price of OP is estimated to be between $13.27 and $14.22.
• As for MATIC:
  • In 2025, MATIC is anticipated to see a price range between $0.722208 and $4.91.
  • By 2030, the price of MATIC is predicted to fall between $1.686461 and $6.51