GovCapital said in its MATIC price predictio that it could rise to $7.49 in a year’s time then it may hit $60.7 by February 2027 . Wallet Investor expected MATIC to be an “awesome” long-term investment. According to its Polygon crypto price prediction, MATIC could hit $2.96 by next March.
Read moreCan a Polygon reach 10000?
Polygon offers a wide range of scaling architecture solutions for Ethereum, such as the Matic PoS chain as well as the Plasma Chain, among others. This results in much lower gas fees when compared to using Ethereum directly, and Polygon can reach 10,000 transactions per second , making it one of the fastest networks.
Read moreHow does Polygon Matic make money?
To create new MATIC and secure the network, Polygon uses a proof-of-stake consensus mechanism — which means that one way you earn money on MATIC you hold is via staking . Validators do the heavy lifting — they verify new transactions and add them to the blockchain.
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