What is a Polygon (MATIC)?
What is a Polygon (MATIC)?Ethereum, the blockchain giant, is plagued by high transaction fees and slow processing times. Enter Polygon (MATIC), a side chain that acts as an extension of Ethereum, alleviating these issues with blazing-fast transactions and minimal costs. Its interoperability with various blockchains adds another layer of flexibility.
Polygon Network was brought to life by CEO Jaynti Kanani (Read the full interview by CrpyotNewsZ here), Sandeep Nailwal, and Anurag Arjun in October 2017 after Vitalik Buterin and Joseph Poon released a whitepaper on the Plasma framework. It was observed by the duo that the Ethereum layer was not fully scalable, and hence they coined the benefit of using PoS sidechains connected to the root chain.
But investors want to know: Where is Polygon headed?
This Polygon price prediction dives into the future of MATIC coin from 2024 to 2030. We’ll dissect the key factors driving its potential growth and answer the crucial question: Is Polygon (MATIC) a good investment?
Get ready to explore the thrilling potential of Ethereum’s scaling savior – Polygon!
Polygon (MATIC)
$ 0.714243 Trade Now
Quick Polygon (MATIC) Predictions
Quick Polygon (MATIC) PredictionsMATIC Price Prediction 2024
As per our Polygon price prediction, it is expected that the token may trade at a maximum of $1.31, with a minimum price of $0.59 in 2024.
Polygon Price Prediction 2025
According to our MATIC price prediction for 2025, the coin is projected to have minimum and maximum prices of around $1.29 and $1.91, respectively.
MATIC Price Prediction 2030
By the time it is 2030, our Polygon (MATIC) price prediction suggests that the coin is expected to reach a maximum value of $10.95, with a minimum price of $8.29.
MATIC Overview
Cryptocurrency
Polygon
Ticker Symbol
MATIC
Price
$ 0.714243
Price Change 24h
+1.78%
Price Change 7d
2.67%
Market cap
$ 6,628,320,493
Circulating Supply
9,282,943,566 MATIC
Trading Volume
$ 230,142,097
All time high
$ 2.92
All time low
$ 0.003012
Polygon ROI
+17183.97%
Long-term Polygon (MATIC) Price Prediction: 2024-2030
Long-term Polygon (MATIC) Price Prediction: 2024-2030- 2024
- 2025
- 2026
- 2027
- 2028
- 2029
- 2030
| Month | Minimum price | Maximum price |
|---|---|---|
| May | $0.59 | $1.05 |
| June | $0.64 | $1.09 |
| July | $0.72 | $1.13 |
| August | $0.89 | $1.17 |
| September | $0.96 | $1.22 |
| October | $1.20 | $1.26 |
| November | $1.22 | $1.27 |
| December | $1.26 | $1.31 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $1.29 | $1.34 |
| February | $1.33 | $1.39 |
| March | $1.37 | $1.44 |
| April | $1.41 | $1.49 |
| May | $1.46 | $1.55 |
| June | $1.51 | $1.61 |
| July | $1.56 | $1.66 |
| August | $1.62 | $1.70 |
| September | $1.67 | $1.75 |
| October | $1.73 | $1.83 |
| November | $1.79 | $1.86 |
| December | $1.85 | $1.91 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $1.87 | $1.94 |
| February | $1.93 | $2.01 |
| March | $2.00 | $2.09 |
| April | $2.06 | $2.09 |
| May | $2.13 | $2.22 |
| June | $2.19 | $2.28 |
| July | $2.26 | $2.36 |
| August | $2.33 | $2.43 |
| September | $2.40 | $2.51 |
| October | $2.47 | $2.58 |
| November | $2.54 | $2.65 |
| December | $2.61 | $2.77 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $2.73 | $2.79 |
| February | $2.76 | $2.87 |
| March | $2.84 | $2.95 |
| April | $2.92 | $3.04 |
| May | $3 | $3.13 |
| June | $3.09 | $3.22 |
| July | $3.18 | $3.32 |
| August | $3.28 | $3.43 |
| September | $3.38 | $3.54 |
| October | $3.49 | $3.66 |
| November | $3.61 | $3.78 |
| December | $3.73 | $3.99 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $3.96 | $4.10 |
| February | $4.09 | $4.24 |
| March | $4.23 | $4.39 |
| April | $4.38 | $4.54 |
| May | $4.53 | $4.70 |
| June | $4.69 | $4.86 |
| July | $4.85 | $5.02 |
| August | $5.01 | $5.19 |
| September | $5.18 | $5.37 |
| October | $5.36 | $5.55 |
| November | $5.54 | $5.64 |
| December | $5.63 | $5.79 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $5.75 | $6 |
| February | $5.92 | $6.24 |
| March | $6.10 | $6.48 |
| April | $6.28 | $6.72 |
| May | $6.47 | $6.96 |
| June | $6.66 | $7.21 |
| July | $6.86 | $7.46 |
| August | $7.07 | $7.71 |
| September | $7.28 | $7.87 |
| October | $7.50 | $8.13 |
| November | $7.72 | $8.29 |
| December | $7.95 | $8.35 |
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $8.29 | $8.56 |
| February | $8.54 | $8.82 |
| March | $8.80 | $9.07 |
| April | $9.04 | $9.25 |
| May | $9.12 | $9.49 |
| June | $9.44 | $9.68 |
| July | $9.56 | $9.91 |
| August | $9.75 | $10.25 |
| September | $10.15 | $10.45 |
| October | $10.29 | $10.66 |
| November | $10.54 | $10.78 |
| December | $10.66 | $10.95 |
Polygon (MATIC)
$ 0.714243 Trade Now
As a non-mineable token, MATIC’s current price stands around $0.78, with a crypto market capitalization of $7,595,900,460, putting it in the position of 15 in the global cryptocurrency rankings. There are 9,555,343,457 MATIC tokens available in supply currently. The all-time high price of Polygon is $2.92, and the trading volume for 24 hours is $$570,078,622. The factors such as all-time highs and Polygon price predictions continuously keep on changing, and it is the predictors’ judgment as to where the price will reach.
According to MATIC coin price prediction, it is not the best time to buy MATIC as it is trading near its long-term support level. Traders may wait for some price rise and then make an investment decision. Even though other major crypto giants seem to be getting social media hype, Polygon (MATIC) may steadily show a positive outlook.
With all that in mind, let’s explore Polygon price prediction for the upcoming years.
Polygon Price Prediction 2024
Based on our MATIC crypto price prediction, the coin would have an average price of $1.01 for the year. At the same time, the maximum Polygon (MATIC) price would be around $ 1.31 by the end of 2024, with a minimum price of $0.72.
Polygon Price Prediction 2025
Based on our Polygon (MATIC) price prediction, the minimum price of the token may be around $1.29, and the maximum predicted price of MATIC is $1.91. Our MATIC price prediction for 2025 suggests the possibility that MATIC’s average price might be around $1.60.
Polygon Price Prediction 2026
As per our MATIC prediction, the coin may have an average trading price of $2.2, with minimum and maximum prices of around $1.87 and $2.77, respectively, for the year 2026. The volatility of the MATIC price is expected to be quite less, as per our Polygon prediction.
Polygon Price Prediction 2027
As per the Polygon crypto price prediction for 2027, the price of MATIC is expected to have an average price of $3.3. By the end of the year, Polygon is predicted to reach a minimum value of $2.73. In addition, the MATIC price is capable of getting a maximum level of $3.99 by the year-end.
Polygon Price Prediction 2028
The MATIC price is expected to have an average value of $4.8 as per the Polygon coin price prediction in 2028. By the end of the year, MATIC might hit a minimum price level of $3.96. In addition, the maximum price level of Polygon might be around $5.79.
Polygon Price Prediction 2029
Based on the MATIC coin price prediction for 2029, Polygon crypto might reach a maximum price of $8.35. While MATIC is predicted to reach a minimum price level of $5.75, and it may reach an average price level of $6.4.
Polygon Price Prediction 2030
As per the MATIC price prediction for 2030, the price of Polygon crypto is estimated to trade above the average level of $9.5. By the end of the year, MATIC might cross-reach a minimum price level of $8.29. Moreover, the Polygon crypto may even grow to a maximum price level of $10.95 by the 2030 year-end.
Polygon (MATIC)
$ 0.714243 Trade Now
Polygon (MATIC) Latest Price Movements and Updates (May 2024)
As of in May 2024, Polygon (MATIC) is buying and selling at around $ 0.714243. Polygon (MATIC) has visible tremendous fee volatility in May 2024, with the cryptocurrency surging over 20% within the first week amid bulletins of predominant partnerships and protocol enhancements. However, costs pulled again later in the month as the broader crypto marketplace experienced a sell-off. Developers preserve to construct on Polygon’s layer-2 scaling solution, with new DeFi and NFT tasks launching often.
Experts’ Take on Polygon Price Prediction
Experts’ Take on Polygon Price PredictionWhile some experts have an optimistic view on Polygon crypto price prediction stating the MATIC coin may outperform its rivals, others hold their cards close to their chest.
Based on our Polygon Price Prediction, a long-term increase is not expected; the MATIC coin price for 2024 year-end might be around $0.46.
Wallet Investor
The future price of Polygon (MATIC) is predicted at $0.95 (22.575%) after a year according to our prediction system.
GOV Capital
As per the forecast data analysis, the price of MATIC is expected to cross the level of $1.71. By the end of the year, Polygon is expected to reach a minimum fee of $1.66. In addition, the MATIC price is capable of getting a maximum level of $1.74.
Digital Coin Price
The price of 1 Polygon is expected to reach at a minimum level of $1.16 in 2024. The MATIC price can reach a maximum level of $1.32 with the average price of $1.19 throughout 2024.
Price Prediction
Polygon has gained trust and credibility among enterprise businesses. As per the Polygon (MATIC) price prediction, its projected growth is set to reach extreme highs, similar to what was seen during the ICO boom and crypto hype bubble. MATIC has long been a panacea for application developers, and solutions for real-world problems like virtual currency transfers and distributed finance have found a base with MATIC.
The Polygon price prediction from the various experts does not deter it from outperforming its rivals by any means. The Polygon support zone community has set higher benchmarks for itself, notwithstanding. The MATIC coin price targets shall surpass the expectations of all cryptocurrency investors who have found this platform extremely interactive and uncomplicated.
Polygon (MATIC)
$ 0.714243 Trade Now
Polygon (MATIC) Technical Analysis
Polygon (MATIC) Technical AnalysisThe psychology of users plays a pivotal role in the crypto market sentiment. Apart from it, many other factors, such as the fundamentals of the token, price history, development, and acceptance of the token, play a major role too. No investors must rely only on crypto prediction in order to make their investment decisions.
Polygon’s native token MATIC has gained customer trust, bringing profit for investors and traders. This implies further adoption of Polygon by traders and investors. The downswing that played for the token in 2019 evaporated in the backdrop of its technological solutions. They were by no means a paradigm, but it can be said the token was being tracked for movement.
2022 was not a good year for the MATIC token, like most other cryptos. The coin price was $2.58 in the beginning but had reached $0.76 by the end of the year. A frequently and keenly observed trait of Polygon is that it has shown the most erratic and fluctuating behavior.
However, the MATIC token has recovered throughout the year 2023. The current price also indicates that the MATIC coin is trying to begin an uptrend in the short term. To conclude the technical analysis and define our Polygon (MATIC) price prediction, we strongly believe that it is the best time to invest in the coin for the long term.
Polygon: The MATIC Token
Polygon: The MATIC TokenThe round-the-clock active team of Polygon Network has produced interface libraries that are one of a kind. These are tools that help you create programs and implement the interface. The network also brought a unique MATIC coin to the masses in the first half of 2019.
The current Polygon price stands around $0.866, the current market cap is $8,281,121,040, and the circulating supply stands at 9,562,729,478 MATIC.
Polygon: Limitless Potential
Integrating MATIC on dApps enables the settlement of payment services whenever and wherever. The confirmation of such transactions gets processed in a fraction of a second. This happens due to faster block generation times, wherein the fees are the lowest. MATIC provides APIs/SDKs for dApps, merchants, and users to instantly accept or pay crypto assets like ERC-20 tokens, ETH, and others.
MATIC enables decentralized exchanges to offer expeditious and inexpensive trades for their users. Integration with Polygon helps these exchanges run on steroids, making them trustworthy and secure. No wonder the Polygon SDK decentralized exchange drive is undoubtedly feasible in the near future price of digital assets.
Moreover, it reinforces gaming networks, thereby speeding up their performance in processing transactions. Since all the processes in the gaming world happen over blockchain, they become more reliant on Polygon Network.
Personal data security is another accountability zone of Polygon Network, as it is a blockchain scalability platform and an adapted version of Plasma.
The users tend to send and receive payments in the virtual currency of their choice through MATIC smart contracts as it handles the conversion through atomic swaps between cross-chain crypto assets.
Polygon also acts as a Lending and credit-scoring platform for merchants. The traders can ascertain the worthiness and credibility of their borrowers, viewing their transaction history and facilitating the lending of tokens to those who stand a better chance of timely repayment.
Through an open-identity system, technical analysis of Polygon (MATIC) ensures that users have control over their private keys without worrying about their security or divulging personal keys.
That’s not the end of the advantages MATIC offers to its users. Here are a few more that follow:
- Multifunctional attributes of Polygon enable diversified uses of existing apps, including the security and safety of data and transactions.
- Polygon ensures accessibility, especially in Layer 2 solutions.
- A variety of Application platforms offered on MATIC creates a surreal experience.
- Inter-tradability is another key feature of MATIC via DEXs.
- Polygon allows access to partnerships via Decentraland, Zebi, Hey Coral, and MakerDAO.
- The plasma operator mechanism of Polygon enables scalability, allowing up to 65K TPS.
- Plasma wallet mobile app integrated with WalletConnect, to ensure secure storage of keys and intuitive access to the features provided by MATIC.
- Features supporting mobile applications and developer kits are extremely user-friendly and have an independent version of the PoS algorithm.
- A plethora of DeFi apps can be posted on MATIC’s price sidechains.
Polygon (MATIC)
$ 0.714243 Trade Now
Conclusion
ConclusionWe expect the token to grow significantly based on MATIC coin price prediction. Based on the Polygon price prediction, the horizon is a pretty bright future for MATIC, and it does not solely bank on decentralization.
Governments worldwide are taking measures to restore the economies, and it is set to have an influential impact on Polygon (MATIC) too. This should make MATIC an active and safe haven for investors. According to our MATIC coin price prediction 2030, it is expected that the coin can reach even $10.95.
All these factors and plans are surely enough to make MATIC rule the crypto world!
Polygon (MATIC)
$ 0.714243 Trade Now
FAQs
FAQsCan MATIC reach $4?
Yes! Going by the long term, the Polygon price predictions indicate that the coin can escalate above $4 by the year 2026. MATIC coin holds long-term earning potential for the long run. Hence, you can buy Polygon.
Is Polygon a good investment?
Yes, surely, Polygon is a good investment option. According to market experts, they believe in the fast growth of the Ethereum blockchain. The Polygon price prediction indicates that the price may hike up to $12.05 from its current price of $1.00. It is also necessary that you do your own due diligence before you invest in any crypto project.
Where to buy Polygon crypto?
MATIC crypto is available on a lot of exchange platforms. In order to buy Polygon, you can use Binance, FTX, Huobi Global, KuCoin, and Coinbase Pro.
What will Polygon be worth in 2030?
By the year 2026, the Polygon price may reach $4.44, and by the year 2030, the Polygon price forecast is that it may go up to $12.05. Get such latest Polygon price prediction 2030 from the world’s number-one tracking website. Studying MATIC forecasts before investing can be helpful in the long term.
Polygon (MATIC)
$ 0.714243 Trade Now
Disclaimer: This page does not solicit or recommend investments, nor does it provide trading or financial advice. Before investing in cryptocurrencies or engaging in securities trading, you should conduct thorough due diligence, including consultation with a certified financial advisor. We accept no liability for any financial losses incurred.
