Polygon Price (MATIC), Market Cap, Price Today & Chart History - Blockworks (2024)

Polygon is a suite of decentralized Ethereum scaling solutions that aim to provide developers with the tools necessary to build scalable, user-friendly dApps with low transaction fees and high security guarantees. Ethereum prioritizes decentralization and optimizes for inclusive validation, but is plagued with high transaction fees and low throughput as a result. The most popular Polygon projected, initially branded as Matic Network, is its PoS commit chain. However, Polygon announced their commitment to zero-knowledge cryptography in August 2021. A zk proof provides a method of verifying something without requiring the underlying information to be revealed to the prover. Polygon uses zk proofs to prove the validity of transactions that were executed on rollups to Ethereum mainnet. There are two types of zk proofs commonly used in crypto: Succinct Non-Interactive ARgument of Knowledge (SNARKs) and Scalable Transparent ARgument of Knowledge (STARKs). SNARKs have been around for longer and are more common as a result, but they require a trusted setup. STARKs, on the other hand, do not require a trusted setup but have a larger proof size that results in more gas consumption and longer proving times.

Polygon is commonly referred to as the 'Swiss Army Knife' of Ethereum scaling solutions given the wide scope of problems they are aiming to solve.

Polygon Price (MATIC), Market Cap, Price Today & Chart History - Blockworks (2024)

FAQs

What will a Polygon be worth in 2025? ›

2025 Polygon (MATIC) Price Prediction

AMBCrypto's analysis forecasts Polygon's price fluctuates between $1.29 and $1.93, with an average of around $1.61 in 2025.

What is a realistic price prediction for Polygon Matic? ›

Polygon (MATIC) Price Prediction - Industry Expert Opinion

Coincodex.com platform predicts MATIC could reach $ 1.79 to $ 4.24 by 2030, and experts from Changelly predict it could reach minimum and maximum prices of $10.28 and $12.56 by the end of 2030.

Can a Polygon reach $1000? ›

While optimism in the cryptocurrency market is high, a Polygon (MATIC) price of $1,000 by 2030 seems unlikely given the current market analysis and price forecast.

What is the price history of polygon Matic? ›

The highest price paid for Polygon (MATIC) is $2.92, which was recorded on Dec 27, 2021 (over 2 years). Comparatively, the current price is 82.81% lower than the all-time high price.

What will Polygon be worth in 2050? ›

According to our Polygon price prediction, the anticipated maximum trading price for Matic in 2050 is projected to be approximately $678.04. Our analysis indicates that by the year 2050, it could achieve an average price of around $625.16.

How high can MATIC go in 2024? ›

October 2024 is poised to be a month of significant gains for MATIC price, with the range expanding to $0.9 to $1.2. Technical analysis indicates a strong bullish momentum, fueled by the overall crypto market hype.

Which coin will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Solana (SOL)$62.688 million$133.91
Ripple (XRP)$31.963 billion$0.567
Dogecoin (DOGE)$15.525 billion$0.106
Cardano (ADA)$12.821 billion$0.356
6 more rows
4 days ago

What will a Polygon be worth in 2040? ›

Based on our long-term Polygon Coin price forecast, we anticipated that prices could reach a new all-time high this year. By 2040, the maximum price of the MATIC Coin is projected to be around $31.26. Our average price forecast for Polygon is $30.62 in 2040.

Which coin is best to buy now? ›

Which Are The 10 Best Altcoin to Buy Now?
  • Solana (SOL)
  • Ripple (XRP)
  • Binance Coin (BNB)
  • Avalanche (AVAX)
  • EarthMeta (EMT)
  • Cardano (ADA)
  • Toncoin (TON)
  • Polygon (MATIC)
3 days ago

Has Polygon got a future? ›

Polygon's growing ecosystem positions it well for future growth and increased token utility. Polygon (MATIC) exemplifies the volatile nature of the crypto market. Despite facing significant challenges, the long-term outlook for Polygon remains promising.

What is Polygon all time high? ›

The all-time high of Polygon is $2.92.

What is the maximum supply of Polygon MATIC? ›

Our MATIC to INR price is updated in real-time. MATIC has seen a decrease of -0.06% in the last 24 hours. With a live market cap of ₹1,06,05,13,48,115.57 , the circulating supply is at 3,141,264,429 MATIC coins, with a maximum supply of 10,000,000,000MATIC coins.

Who owns the most Polygon Matic? ›

Further analysis highlighted that Polygon was the biggest Polygon holder with approximately 5.08 billion tokens. Among other top holders of Polygon, Binance (BNB), the world's largest cryptocurrency exchange, was the second largest Polygon holder with 4.66% of the current circulating supply.

What is the highest price ever recorded for MATIC? ›

MATIC has an all-time high (ATH) of $2.92 , recorded on Dec 26, 2021.

What is the market cap of polygon Matic? ›

Polygon (MATIC) / USD. $0.38 -9.58% Polygon current price is $0.38 with a marketcap of 1.19 B.

How much will 1 bitcoin be worth in 2025? ›

Bitcoin (BTC) Price Prediction 2030
YearPrice
2025$ 63,501.28
2026$ 66,676.35
2027$ 70,010.17
2030$ 81,045.52
1 more row

How much will 1 ethereum be worth in 2030? ›

Ethereum (ETH) Price Prediction Table
YearAverage Price*Percent Increase
2027$7,749.1740.00%
2028$11,520.3357.14%
2029$17,279.3854.55%
2030$25,620.5447.06%
8 more rows

Does Polygon have a good future? ›

Despite facing significant challenges, the long-term outlook for Polygon remains promising. With ongoing technological advancements, increasing adoption, and strategic partnerships, Polygon has the potential to see a substantial rise in value in the coming years.

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