Comparison and Review: Polygon (MATIC) vs The Graph (GRT)

Polygon (MATIC)

• Symbol: MATIC
• Name: Polygon
• Asset Platform: Ethereum
• Market Cap Rank: 13
• Price Change Percentage in last 30 days: 13%
• Categories: Binance Launchpad, Alleged SEC Securities, Smart Contract Platform, BNB Chain Ecosystem, Polygon Ecosystem, Harmony Ecosystem, Moonriver Ecosystem, Moonbeam Ecosystem, Ethereum Ecosystem, Layer 2 (L2), Zero Knowledge (ZK)

Polygon (previously known as Matic Network) is a well-structured and easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, which is a modular and flexible framework that supports the creation of various types of applications. With Polygon, developers can build Optimistic Rollup chains, ZK Rollup chains, standalone chains, or any other infrastructure required.

Polygon effectively transforms Ethereum into a multi-chain system, similar to other platforms like Polkadot, Cosmos, and Avalanche. However, Polygon offers the advantages of Ethereum's security, vibrant ecosystem, and openness. Existing applications built on the Plasma-POS chain will remain unaffected, while new features are being developed to cater to diverse needs.

The $MATIC token will continue to exist and play an important role in securing the system and enabling governance.

The Graph (GRT)

• Symbol: GRT
• Name: The Graph
• Asset Platform: Ethereum
• Market Cap Rank: 45
• Price Change Percentage in last 30 days: -21.70348%
• Categories: Business Services, Infrastructure, Analytics, Decentralized Finance (DeFi), BNB Chain Ecosystem, Solana Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, Arbitrum Ecosystem, Avalanche Ecosystem, Harmony Ecosystem, Near Protocol Ecosystem, Ethereum Ecosystem

The Graph is an indexing protocol and global API that organizes blockchain data and provides easy access to it using GraphQL. Developers can utilize the Graph Explorer to search, find, and publish public data required for building decentralized applications. The Graph Network enables the creation of serverless dApps that run entirely on public infrastructure.

GRT is the native token of the network used to coordinate work. It is an ERC20 token. Node operators, known as Indexers, stake and earn GRT for processing queries. Anyone can delegate GRT to Indexers to secure the network and earn rewards. Curators organize data on The Graph by signaling GRT on useful APIs called subgraphs. Indexers, Delegators, and Curators work together to organize data for the crypto economy and maintain a useful global API for DeFi and Web3.

Comparison

Platform

Polygon and The Graph both operate on the Ethereum platform.

Market Cap Rank

Polygon holds a higher market cap rank (13) compared to The Graph (45).

Price Change

In the last 30 days, Polygon has seen a positive price change of 13%, while The Graph experienced a negative price change of -21.70348%.

Use Cases

Polygon focuses on Ethereum scaling and infrastructure development, allowing developers to build various types of applications. The Graph, on the other hand, is an indexing protocol and global API for organizing blockchain data, particularly useful for decentralized applications and decentralized finance (DeFi).

Tokens

Polygon has the $MATIC token, which plays an important role in securing the system and enabling governance. The Graph has the GRT token, used for coordinating work and rewarding node operators, delegators, and curators.