Is Matic a token or coin?

MATIC is used to power the network and serve as a utility token for Polygon. It functions as the network’s main transactional currency and as a financial incentive for those who want to contribute to the ecosystem.9 Ara 2021

MATIC coin price prediction: 2022, 2023, 2025, 2030 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. It suggested that by March 2027 it could hit $8.9.

MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more . You can buy or sell MATIC via exchanges like Coinbase. The Ethereum blockchain is home to a vast range of economic activity — from NFT markets and games to the growing DeFi ecosystem.

Polygon (MATIC) is an Ethereum token that powers the Polygon Network — a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Polygon is what’s known as a Layer-2 solution, designed to help scale the Ethereum network and improve its functionality.