Would you rather invest in MATIC or SOL currently?

Ben Barubal

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

They are both okay for me, and both are good long-term holds. Now if I'm shopping, I think it's better for me to hold the Matic. Yes, the performance that the Solana is showing now is good, and the Matic is not really that noisy.

But I believe that before Bitcoin really rallies, it is for sure that Polygon will surprise the crypto community with the opportunity to start taking off, and then Matic will follow for sure.

poodle63

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i don't really think about matic these days, too many L2 being released it obscurred my views of matic as an investment, i think investing in newer L2 means its gonna be more prospectful investment than matic, despite the fact that matic has been trying hard to make their coin relevant but really its only good for its cheap tx fee but other L2 also having the same cheap tx fee anyway and the dapps in newer l2 are just better.

now we are talking about solana, this blockchain among the most used it has so many meme coins, the dapps are valued by hundred millions like jup that could compete with uniswap despite just newly introduced.
you can guess that the growth of this blockchain is significant, it is still below BNB but it also has the history of overtaking whatever blockchain that are valued above solana except just BTC and ETH.
i'd bet my life saving in sol rather than matic, it has more potential to go high in the future.
but then again its just my 2 cents take it with grain of salt since i could be wrong.

tsaroz

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Quote from: Bd officer on May 08, 2024, 03:52:32 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Currently it may be better to invest in two coins. Both coins have good prospects in future, if you invest in both coins you can expect good profit in future. I have invested small amount in both these coins. However, MATIC Coin is the favorite when it comes to price. MATIC is currently priced very low, SOL is priced very high. When I bought MATIC the price was $0.90 and now I am in loss. Investing in alt coins is very risky so if you want to invest in alt coins then you have to invest with a lot of risk.

Solana and Matic both are doing great. Solana is currently the leader in L1 networks while Matic is the leader of L2 both by transaction volume and frozen coins.
In long term I guess Solana and other L1 networks would overshadow matic. Being a L2 on a network like Ethereum is both good and bad in several ways but in long run people would prefer speed, cost and flexibility. Matic is still a good hold for the next bull run but I don't recommend holding it long term while Solana could stay here much longer as it's just rising and rising. There ought to be newer competition in future but its ultimate killer is far from sight.

Bd officer

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Currently it may be better to invest in two coins. Both coins have good prospects in future, if you invest in both coins you can expect good profit in future. I have invested small amount in both these coins. However, MATIC Coin is the favorite when it comes to price. MATIC is currently priced very low, SOL is priced very high. When I bought MATIC the price was $0.90 and now I am in loss. Investing in alt coins is very risky so if you want to invest in alt coins then you have to invest with a lot of risk.

Essential10

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

If you notice that Solana's market value rose above $200 this year, you look at the one-year gap, and you can see how Solana has outperformed. Prior to posting saw MATIC at $0.686 and Solana at $149.53. While SOL made a huge difference in the market in terms of value this year, MATIC remained stable. I think solana coin may enter new ATH in future. However, it does not mean that Matic Coin will not be able to make a difference in the future, the value of this coin is likely to increase in the future. Here only the relative difference between the two coins at the current position can be analyzed. But it is up to you to make a personal decision whether you invest in the coins.

Kelward

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Quote from: Loco1887 on May 07, 2024, 09:32:15 AM

One year ago everybody praised MATIC

One year ago people were contemplating whether Solana, will survive, this is the irony of the crypto market, a developer team can make all the difference, if they're proactive like the Solana team. As it stands today, Solana, is ahead of MATIC, and almost every comments on this thread has attested to that, but MATIC, dev. team can come out strong with new innovations like Solana, and change their naretive, because nobody is talking much about them now.

asriloni

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Quote from: Loco1887 on May 07, 2024, 09:13:27 AM

Quote from: asriloni on May 07, 2024, 08:51:35 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

The only stupid traders will still hold or trade matic. Matic represents a lack of hype and whales, as you can see that it was rarely having good tokens. Many whales are concentrating on solana rather than holding their money on matic. I'd rather sell all of my matic and buy solana instead of keeping a token that has reached its peak performance like matic. Matic is only useful as a payment system, but think about the potential of these blockchains. In comparison to the matic, I believe solana is in the lead caused by it can give you various benefits like airdrop, yield and many more.

You can compare solana and matic using metrics such as daily volume, marketcap, or even TVL on the blockchain itself. In comparison to the matic, I believe solana is in the lead. Matic represents a lack of users.

We've seen many meme tokens from Solana become major cryptos, with market capitalizations in the billions. What about Matic? I will definitely choose solana over matic.

Solana's token performance has shown that it is currently superior to the matic.

Ok you convinced me, but is it too risky to invest into RNDR and Solana at the same time?

Yes, it is too risky for RNDR, but not for solana.

You must always use ATH as your primary consideration when determining the size of the risk for investing in any token or coin. Rndr has reached a new all-time high and continues to trade at a high price and the risk for you to lose your money is so big. Your money can be dumped at any time after it has fallen back down after it was always upwards. Solana has not even come close to reaching its ATH and the chance for the coin to increase even higher is still there. This was my primary consideration in choosing solana over RNDR. I must say if solana is less risky compared to the rndr.

It should be noted that you will be able to stake your solana to receive a free airdrop through platforms such as https://www.sanctum.so/ and many liquid staking platforms, which will provide you with the infrastructure to obtain new tokens from your solana.

Rndr is rapidly increasing due to the hype. You may see a major crash with rnder after it loses its hype. It's just a matter of time. Investing in a token that has already reached a new all-time high is undoubtedly a risky decision.
It's best if you replace it with another token.

AVE5

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The crypto markets fluctuates just as the volatility of the crypto coins itself. So, I don't think it's a good advice to facilitate on Investing in any of the coins just because of the current market price attractiveness.
SOL had been a great coin and doing well within the AltCoins in the Crypto sphere so for that I consider investing in the coins based on my research of understanding the coins future values.
SOL is better for me to this.

Bureau

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If you look into the hype factor then Solana is good investment. For long term hold matic will be the right crypto to invest. Solana is a blockchain and slowly and steadily it's ecosystem is growing but the issue here is that it doesn't have a lot of utility projects. The hype currently is due to the fact that meme coins using Solana network are a hit.

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

I would choose SOL for investment Solana has attracted attention for its potential to handle a high volume of transactions per second, making it suitable for applications that require fast and efficient processing. However it is important to note that the technology and market adoption of Solana is still evolving. The position of MATIC is much lower than SOL.

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Why these two are choices? It's not like they are in competition with each other. Other is a token in ethereum and other is a whole new chain. But if i had to choose, matic has more room to grow and adopted by reddit. Without reddit's endorcement i would choose SOL in a heartbeat as i don't really see value in matic, even though it has more room to grow with lower marketcap.

Layer 2 solutions seems like too many steps for newbs. New people don't understand L1 vs L2 and what needs eth and what not. Nor they should be expected to. So i find that sol is more newb friendly, at least for now.

Dr.Bitcoin_Strange

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

The two coins you mentioned are both great project if anyone ask me and I can not advise any body not to invest in those coins if the person actually wants to invest into alt coins. For me, I can as well invest into those two coins if I wanted to invest into altcoins but am not a fan of altcoins now and it's for a reason best known to me. If you want to invest into altcoins, don't pick only one, the reason is because you might not be right about the pump of that token or coin but if you invest in a few of the altcoins, you can be lucky to make profit from any of them but you must invest only the amount you can afford to lose. Take for example that I want to buy some altcoins now, I will buy SOL and MATIC and a few other strong projects like BNB &, ETH.

batang_bitcoin

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Quote from: Loco1887 on May 07, 2024, 08:07:02 AM

Quote from: batang_bitcoin on May 07, 2024, 04:52:55 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Based on the chart, SOL is near to its former ATH whilst for Matic, it's not yet there. And it varies on how much I am going to invest or spare I have.
If it's a spare money then I'd invest in both of them. I think that SOL will be closing in and going to surpass the ATH that it has and for matic, having a price of under a $1 I think is a good buy.
But folks, don't take this as a financial advice but a mere opinion.

I read that some whales sold all their MATIC

Every whale is entitled to sell their positions for every coin they have.

Quote from: btc78 on May 07, 2024, 01:32:20 PM

Quote from: batang_bitcoin on May 07, 2024, 04:52:55 AM

Based on the chart, SOL is near to its former ATH whilst for Matic, it's not yet there. And it varies on how much I am going to invest or spare I have.
If it's a spare money then I'd invest in both of them. I think that SOL will be closing in and going to surpass the ATH that it has and for matic, having a price of under a $1 I think is a good buy.

On the other hand, you can take the cheap price for now and accumulate as much as you need right now. Solana has been very profitable but at this point in time it is also very expensive. At least for me.

Matic’s price right now will allow you to accumulate a lot and then see profits later on when it breaks its ath.

Yeah, considering that it has pumped all over the first quarter of this year. The price of Solana compared to last year was already high. But that's what people likes to do, when a coin has already pumped, that's when they are starting to buy. Still, whatever is your pocket can afford to buy, buy them.

el kaka22

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Now I look at it and I can say that SOL is the better one, I am sure that MATIC is still good for some people and I can say that it is not a terrible one but it is also not as good as SOL. Because, one thing that makes a coin good is their blockchain and the amount of projects that works with that blockchain.

Right now, we are dealing with SOL getting much bigger, both its blockchain is a lot more successful and breaking records but also we are seeing how a lot of new projects end up being in the SOL blockchain as well, making it more popular. This is why I believe that it is quite important to focus my money into SOL instead of Matic. At least that is why I have been invested a bit more to SOL, maybe I am wrong and it will be a terrible idea.

Ndabagi01

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Solana has always been one of my best altcoin and for the time I’ve known and invested in Solana for the short time, I’ve made some profits from it and this is the best altcoins I will always pick before anyone else. Even today, I will still pick Solana ahead of MATIC because I’m not looking at the current price of them, but the future price of each of them and what I stand to get if I invested in them from now. MATIC is an also a good altcoin and have a very strong team behind it and with no doubt, it is going to be a coin that will also do well in the bull run. But I’ll still prefer to invest in Solana first before investing in MATIC.

Mate2237

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The current price of MATIC $0.7067 and the Solana current price is $151.53 and when you compare the two you clearly see that Solana is in a good shape to invest and that is when you are looking from the market cap and the two which is nearest to the next all time high is Solana but when we consider other factors like cheap coin to buy then MTIC or Polygon will comes in and it is good to invest for coin that has a cheaper transaction fee.

Solana is among the top 5 coins in the ecosystem but the fee is high so I think matic is in good position for now. But it is a personal choice.

electronicash

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Quote from: Loco1887 on May 07, 2024, 01:41:37 PM

So MATIC is probably better because of its low prize?

as for me, yes. and maybe for some of us who are more conscious about profit. SOL and MATIC to me are not very different actually. they are both just a network providing layer 2 solutions, MATIC however is just not getting much support after all, the team developing the project is from India AFAIK.

but if they get more support as well, i think the price will not be so very different. SOL is even more vulnerable than Matic since it has more downtime.

kentrolla

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I would choose Solana without any second thought and I feel it's the government to Altcoin for this bull run and we the best part is it's yet to break it's previous ATH and if that happens this time then we would see some massive pump and we have already seen potential of Solana but the only thing which bother me is the shitty memecoin projects which are launched in SOL network.

Sayeds56

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

I would love to invest in Matic becuase it has not yet shown its real color, on the other hand Solana seems to have reached its full potential during year 2024 and, now it look stable around its current level. Matic still has room to grow 4X from its current price to surpass its previous all time of $2.92. Given the advancement happening in Matic network, experts suggest it can make new ATH of $5 in the next anticipated bullish market.

Loco1887

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So MATIC is probably better because of its low prize?

electronicash

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if you could envision that MATIC will soar high in the bull season, buy more of MATIC, i think you will not need much funds to make a huge profit for it compared to having SOL which you can only have a few SOL with a budget of $1000. with MATIC, you can have more than 1000 MATIC which with a 0.50$ increment of the price you profit more than $500 already.

it's just the time when it will happen because MATIC doesn't look like the price could just spike every time BTC grows $1%

btc78

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Quote from: batang_bitcoin on May 07, 2024, 04:52:55 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Based on the chart, SOL is near to its former ATH whilst for Matic, it's not yet there. And it varies on how much I am going to invest or spare I have.
If it's a spare money then I'd invest in both of them. I think that SOL will be closing in and going to surpass the ATH that it has and for matic, having a price of under a $1 I think is a good buy.

On the other hand, you can take the cheap price for now and accumulate as much as you need right now. Solana has been very profitable but at this point in time it is also very expensive. At least for me.

Matic’s price right now will allow you to accumulate a lot and then see profits later on when it breaks its ath.

AnonBitCoiner

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Both Matic and Solana are good coins and according to my opinion both should be held to take benefit from the coming altcoins season. Sometimes people don't understand what coin should be held because both coins present success in such a situation that an investor should divide his selected amount in both of them.

Solana and Matic both are beneficial investment assets but Matic is very lower in price therefore people often wants to choose it to make larger profit by Investing little amount but I think Solana performance is also suited well so we should not ignore it's success and should take advantage from both of them.

Oneandpure

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Currently I see Matic more promising to earn much profitable than Solana coins, comparison with current price both of coins Matic have drop to lower price since success break out above $1,2 last month ago. Matic price right now under $0.7 and dropping more than 40% of the last higher price and believing this coins strong community and get faster recovery to higher price than Solana with currently have been in higher price.
But difference if investing with Solana coins last several days ago when dropping under $120, get faster recovery back to higher price and right now raise up above $150 seems too overate price for reinvesting.
However make your own research and looking both of coins Matic and Solana which one faster make recovery, take opportunity if Solana return back to lower price is right moment to buy back.

$crypto$

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Quote from: Loco1887 on May 07, 2024, 09:32:15 AM

One year ago everybody praised MATIC

What are people praising MATIC for? Is it because of cheaper transaction fees or a wider ecosystem? For me it's still inferior to Solana.

Okay, from the frequent prices you can see for yourself that MATIC is more stagnant, maybe it's almost similar to TRX which doesn't have any development, but unlike Solana, which is rumored to be dead because the network is often down, now this coin is able to rise, the price is soaring, the ecosystem is growing more because of memes or several projects in it, I'm not so sure about MATIC.

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One year ago everybody praised MATIC

crwth

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If I were to make research between the two, I would check the following

The technology
Use cases
Community

These are some of my chosen categories for research. It's mostly general and can be easily seen. It's important for me that I see some value that is coming from the users because, without them, it wouldn't have value.

I see SOL as something that could give value even with MEME coins lol.

Loco1887

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Quote from: asriloni on May 07, 2024, 08:51:35 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

The only stupid traders will still hold or trade matic. Matic represents a lack of hype and whales, as you can see that it was rarely having good tokens. Many whales are concentrating on solana rather than holding their money on matic. I'd rather sell all of my matic and buy solana instead of keeping a token that has reached its peak performance like matic. Matic is only useful as a payment system, but think about the potential of these blockchains. In comparison to the matic, I believe solana is in the lead caused by it can give you various benefits like airdrop, yield and many more.

You can compare solana and matic using metrics such as daily volume, marketcap, or even TVL on the blockchain itself. In comparison to the matic, I believe solana is in the lead. Matic represents a lack of users.

We've seen many meme tokens from Solana become major cryptos, with market capitalizations in the billions. What about Matic? I will definitely choose solana over matic.

Solana's token performance has shown that it is currently superior to the matic.

Ok you convinced me, but is it too risky to invest into RNDR and Solana at the same time?

asriloni

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

The only stupid traders will still hold or trade matic. Matic represents a lack of hype and whales, as you can see that it was rarely having good tokens. Many whales are concentrating on solana rather than holding their money on matic. I'd rather sell all of my matic and buy solana instead of keeping a token that has reached its peak performance like matic. Matic is only useful as a payment system, but think about the potential of these blockchains. In comparison to the matic, I believe solana is in the lead caused by it can give you various benefits like airdrop, yield and many more.

You can compare solana and matic using metrics such as daily volume, marketcap, or even TVL on the blockchain itself. In comparison to the matic, I believe solana is in the lead. Matic represents a lack of users.

We've seen many meme tokens from Solana become major cryptos, with market capitalizations in the billions. What about Matic? I will definitely choose solana over matic.

Solana's token performance has shown that it is currently superior to the matic.

Loco1887

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Quote from: batang_bitcoin on May 07, 2024, 04:52:55 AM

Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Based on the chart, SOL is near to its former ATH whilst for Matic, it's not yet there. And it varies on how much I am going to invest or spare I have.
If it's a spare money then I'd invest in both of them. I think that SOL will be closing in and going to surpass the ATH that it has and for matic, having a price of under a $1 I think is a good buy.
But folks, don't take this as a financial advice but a mere opinion.

I read that some whales sold all their MATIC

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Quote from: Loco1887 on May 07, 2024, 04:43:07 AM

At current prices - what would be your choice?

Based on the chart, SOL is near to its former ATH whilst for Matic, it's not yet there. And it varies on how much I am going to invest or spare I have.
If it's a spare money then I'd invest in both of them. I think that SOL will be closing in and going to surpass the ATH that it has and for matic, having a price of under a $1 I think is a good buy.
But folks, don't take this as a financial advice but a mere opinion.

Loco1887

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At current prices - what would be your choice?

Topic: Would you rather invest in MATIC or SOL currently? (Read 301 times)