Polygon (MATIC) |
vs |
Algorand (ALGO) |
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Polygon (MATIC) | Algorand (ALGO) |
MATIC is an ERC-20 token and the governance coin of the Polygon blockchain. Polygon network aims to solve Ethereum's fundamental limitations such as scalability, speed, and compatibility. Polygon claims to have the security of the Ethereum network while providing the very cheap and fast transactions. MATIC is the most successful Ethereum Layer-2 project so far. MATIC's Polygon network has a TVL of over 3 Billion USD.
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Algo is the native cryptocurrency of Algorand Blockchain. Algorand blockchain is open-source and decentralized. Algorand Blockchain has its unique consensus mechanism with a two-tiered structure based on proof of stake. Algorand was created by MIT professor Silvio Micali and launched in 2019. Algorand aims to solve blockchain trilemma with ultra-fast transactions with high security. Algo is a promising coin focused on payment network functionality.
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Key Data |
|
Polygon (MATIC) | Algorand (ALGO) |
Coin Name
Polygon
|
Coin Name
Algorand
|
Symbol
MATIC
|
Symbol
ALGO
|
Type
Coin
|
Type
Coin
|
CoinMarketCapRank
No 17
|
CoinMarketCapRank
No 62
|
Network
None
|
Network
None
|
Stable Coin
No
|
Stable Coin
No
|
Max Supply
10,000,000,000
|
Max Supply
10,000,000,000
|
Circulating Supply
9,244,700,000
|
Circulating Supply
8,001,200,000
|
Total Supply
10,000,000,000
|
Total Supply
8,001,200,000
|
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Price |
|
Polygon (MATIC) | Algorand (ALGO) |
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|
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Calculate MATIC in ALGO | Calculate ALGO in MATIC |
24 Hour Volume USD
-
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24 Hour Volume USD
-
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24 Hour Volume USD
-
|
24 Hour Volume USD
-
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24 Hour Price Change
0.03810000000000000192%
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24 Hour Price Change
-3.40000000000000035527%
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7 Day Price Change
8.18%
|
7 Day Price Change
12.4%
|
30 Day Price Change
27.2%
|
30 Day Price Change
22.4%
|
Market Cap USD
7,304,700,000 USD
|
Market Cap USD
1,563,200,000 USD
|
Market Cap USD
7,304,700,000 USD
|
Market Cap USD
1,563,200,000 USD
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Staking Rates |
|
Polygon (MATIC) | Algorand (ALGO) |
Nexo
1% - 7% APY
|
Nexo
-
|
Crypto.com
0.35% - 7% APY
|
Crypto.com
0.1% - 3% APY
|
Venus
0.76% APY
|
Venus
-
|
ACryptoS
0.38% - 2.77% APY
|
ACryptoS
-
|
Ape Swap
3.88% APY
|
Ape Swap
-
|
Balancer
< 0.01% APY
|
Balancer
-
|
Bancor
0.02% APY
|
Bancor
-
|
Beefy Finance
1.22% - 48.3% APY
|
Beefy Finance
-
|
Harvest Finance
9.5% - 115% APY
|
Harvest Finance
-
|
Pickle
5.36% APY
|
Pickle
-
|
Sushi Swap
0.87% APY
|
Sushi Swap
-
|
Uniswap
0.15% - 2.46% APY
|
Uniswap
-
|
Convex Finance
0.37% APY
|
Convex Finance
-
|
DeFiChain
138% APY
|
DeFiChain
-
|
Loopring
0.06% APY
|
Loopring
-
|
Spookyswap
3.3% APY
|
Spookyswap
-
|
|
|
Loan Rates |
|
Polygon (MATIC) | Algorand (ALGO) |
Binance
11.6% - 14.6% APY
|
Binance
-
|
|
|
Staking Rates |
|
Polygon (MATIC) | Algorand (ALGO) |
Crypto.com
0.35% - 7% APY
|
Crypto.com
0.1% - 3% APY
|
Kraken
-
|
Kraken
4.75% APY
|
Coinbase
-
|
Coinbase
6.73% APY
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