Polygon (MATIC) has more working apps than Cardano (ADA), so why buy Cardano over Polygon?
It’s a great question that I’m going to answer for you today – but you might be surprised by the truth.
See, both Cardano and Polygon were developed (at least in part) to solve issues with the Ethereum (ETH) network.
Cardano is a public blockchain platform that challenges Ethereum’s high gas fees with a proof-of-stake (PoS), open-source, decentralized network. It’s a protocol layer asset using its digital infrastructure technology to bring financial empowerment to countries that otherwise have been left behind.
Polygon, on the other hand, is a Layer 2 crypto that works as a scaling solution to Ethereum. It’s set to be a major player in the next phase of the Internet as a platform upon which Web3 developers will build their solutions.
And while both of these cryptos are up over the last seven days – with ADA gaining 21.35% and MATIC gaining 10.24% – you can still buy both for under $2.
But which is the better buy? That’s the question you wanted the answer to, after all.
Now, you know that BOTH Cardano and Polygon are assets you should own for the future. But these should make up different proportions of your portfolio, as they give you exposure to different aspects of the market. So before you go, make sure you check out this tried and true formula for building a perfectly balanced crypto portfolio.
Then, complete your portfolio with these two under-the-radar cryptos that could beat Bitcoin this year and give investors who act now a shot at 10X-plus annual gains.
Chief Crypto Strategist, American Institute for Crypto Investors