MATIC`s Smart Contracts Makes Top 100 List Among ETH Whales

Last Updated:
MATIC Volume Soars
  • MATIC is now one of the most used smart contracts among the top 100 ETH whales.
  • Stats of the top most traded token among Ethereum whales include MATIC.
  • Polygon (MATIC) is now changing hands at $1.08.

The whale tracking website, Whalestats, tweeted that Polygon’s (MATIC) smart contracts have made it to the list of the top 100 most used among ETH whales in the past 24 hours. Allegedly, this is a testament to the increasing popularity of Polygons’ (MATIC) services and its commitment to creating smart contracts that are reliable, safe, and user-friendly.

Amid this report, MATIC’s price has increased over the last 24 hours, recording an 8.09% rise. Additionally, stats of the top most traded token among Ethereum whales includes MATIC, with the coin being their most purchased token in the last 24 hours.

According to crypto experts, this indicates that the digital asset is gaining popularity among investors, who have recognized its potential and continue to hold onto it in anticipation of a further rise in price. According to them, the demand for MATIC is increasing, and hence likely that its price could continue to rise in the coming days.

Concurrently, Polygon’s (MATIC) price is $1.08 with a 24-hour trading volume of $1,182,919,416 at press time.

MATIC/USD price chart, source: Coinmarketcap

With a live market cap of $9.4 billion, the MATIC/USD pair has a circulating supply of 8.7 billion MATIC coins and a maximum supply of 10 billion MATIC coins.

In related news, Arjun Kalsy, Polygon’s former vice president of growth, breaks down how the network has attracted partnerships with major brands and how the project is driving mass crypto adoption. This is evident in the latest episode of the Hashing It Out podcast.

More opportunities opened for the network, according to Kalsy, when the initial group of major firms confirmed their relationships with Polygon.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.