Matic Network (MATIC)

eth token

Marketcap Ranking

0.018853 (-5.63%) arrow_drop_down

Market Price (24h change)


Total Market Cap



info_outline What is Matic Network



Short Description

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger.

Matic intends to provide Matic wallet, payment APIs and SDKs, products and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. Matic plans to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains. Key things Matic wants to do:. - Solve scalability by providing Layer 2 solutions.

- Application platform for DApp developers on Matic (Like Stripe for DApps/payments). - Provide assets interoperability for DEXs like 0xprotocol and other DApps. - Better UX/UI for mass adoption while having better security and scalability..


Introduction Video

Why Matic Network will reach $4 per token Next Bullrun | Brendan Skousen

Deep dive into fundamental analysis of Matic and price predictions. I specialize in forward thought, finding the best of the best projects before they become ...

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attach_money Product Analysis



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Product analysis

The exact founding date of Matic Network is unfortunately not that clear. Its source code was released publicly on github on November 2017 under the GNU General Public License v3.0 license.
Organization wise, Matic Networks Development is Centralized and is being developed under the lead of Sandeep Nailwal.

The consensus on which the Matic Network network is run is called Not mineable, while the underlying algorithm is called None.
In the current state of Matic Network currently is On-going development

group Community Analysis



Communities & Events

There is no official MATIC-subreddit yet

view_list Subreddit
person Subscribers
directions_run Active Users
create Daily Posts
speaker_notes Daily Comments
linkOpen Subreddit

There is no official Telegram Channel for MATIC yet

view_list Channel
person Members
directions_run Online
linkOpen in Telegram

Official Twitter account for Matic Network

view_list @maticnetwork Channel
person 27,181 Followers
So much has happened since out last Project Update! We’ve launched Counter Stake - Staking, supported multiple developer events, welcomed a plethora of new projects #BUIDLing on Matic, onboarded our Matic Mitra, conducted AMAs & more! Full update: 63 favorite
Matic Co-founder & COO, Sandeep Nailwal is doing a live interview/AMA with @CryptoWendyO Join the live feed here : 107 favorite
Check out our recap of #ThailandBlockchainWeek! Thought-leaders from around the globe came together to attend the first-ever blockchain event in Thailand. Our VP Marketing, @chandresh1091, discussed the role Matic has in the mass adoption of Blockchain. 84 favorite
Communication and transparency with our community have always been of the utmost importance to us. We will be holding an AMA via Livestream today at 3 PM IST on our YouTube channel to answer the questions of our community. Join us here: 211 favorite
Matic had NO role to play in all this. For token movement, We announced the release of ~0.25% (248mn) tokens as Oct unlock, which coincides with aggregated outward movement. Foundation tokens are still there. MATIC will bounce back stronger than ever! 542 favorite
The @mintflintapp airdrop of 200M $FLINT tokens is now live for $MATIC token holders! Conversion rate is 1 MATIC = 0.02 FLINT. Don't miss your chance to secure some free FLINT tokens🎉 Take part now: 96 favorite
As we bid farewell to Genesis DevCon, let’s take a look back at our eventful experience! We connected with the attendees to support the growth of the Indian blockchain ecosystem through tech talks, panel discussions & workshops. Read more: 104 favorite
We're happy to announce that $MATIC is now listed on @pionex_com, an exchange incubated by @bituniverse_org & equipped with a range of powerful trading tools! Pionex users can now trade MATIC with MATIC/ETH, MATIC/BNB & MATIC/USDT pairs. Trade here: 141 favorite
The @BattleRacers Season 1 sale is underway & going strong! We're holding a special $500 giveaway event for the @CryptoKitties community. Whoever can assemble a complete 'RoboKitty' first will get their paws on $500 in $MATIC Get hunting 😸 155 favorite
Make your engine purr with the limited edition @CryptoKitties crate sale by @BattleRacers😻 Beginning Dec 11th, 7PM EST, Battle Racers will be offering crates each containing 2 random parts from the RoboKitty set. Only 1200 parts available! Learn more: 179 favorite

There are no events for Matic Network in the next 3 Months


Google Trends Analysis

The Google Trends chart displays the search interest on google in Matic Network relative to its peak over the last year. A rising chart shows growing interest int he project.

code Development Analysis



Github Analysis

Code Updates (Commits)

Every change to the codebase of Matic Network is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)

Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 63 Stars
remove_red_eye 22 Watchers
usb 24 Forks
sync_problem 11 Open Issues
border_color 0.03 % Comment Coverage
lock_open GNU General License

attach_money Price Analysis



Price Prediction

$ 0.012797 (-28.12%) arrow_drop_down

Predicted USD Market Price in 24h by Coinpaper

$ 0.037984 (113.33%) arrow_drop_up

Predicted USD Market Price in 14d by Coinpaper


Converter MATIC - USD

Convert between MATIC and USD with the live Matic Network prices, aggregated from all big exchanges that trade Matic Network.


Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Team Analysis





Jaynti Kanani - Co-founder & ceo
Core contributor for the first Plasma MVP implementation. Wrote the first Node implementation of the original Walletconnect protocol. Contributed to Web3 and developer ecosystem tools like sol-trace. Previously Data Scientist with

supervisor_accountSocial Network Links

Members (11)

Sandeep Nailwal

Co-founder & coo

Anurag Arjun

Co-founder & cpo

Siddharth Jain

Vp - operations & marketing

Delroy Bosco

Project manager

Nirbhik Jangid

Community manager

Bhavir Shah

Head, engineering

Vaibhav Chellani

Blockchain engineer

Ashish Rajpurohit

Blockchain engineer

Arpit Agarwal

Blockchain engineer

Sayli Patil

Application engineer

Vishal Gupta

Devops engineer

compare_arrows Exchanges


# Exchange Pair Price 24h Volume Trusted
# 1 Binance MATIC/BTC $ 0.018853 $ 61,799,107 check
# 2 Binance MATIC/BNB $ 0.018806 $ 1,654,153 check
# 3 Binance MATIC/USDT $ 0.018895 $ 46,554,003 check
# 4 Catex MATIC/ETH $ 0.017339 $ 750 clear
# 5 BitForex MATIC/BTC $ 0.018853 $ 116,104 clear
# 6 Binance DEX MATIC/BNB $ 0.018694 $ 12,212 clear
# 7 BitMax MATIC/BTC $ 0.018817 $ 3,548,098 clear
# 8 BitMax MATIC/USDT $ 0.018910 $ 3,209,743 clear
# 9 Bilaxy MATIC/USDT $ 0.018925 $ 1,714,624 clear
# 10 BitForex MATIC/USDT $ 0.018879 $ 449,950 clear


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