Learn More About Polygon And Our MATIC Price Forecast
Want to find out the Polygon Price Prediction for 2022, 2023, 2024, 2025, all the way to 2030?
We provide crypto price predictions by gathering a combination of time series data, media news, regulator activities, coin events, trading volumes on exchanges, and general statistics.
Most of our predictions/price forecasts range from 2022 to 2030, which we try to update regularly.
Additionally, you can read more below for the Polygon Price Analysis, MATIC Price Chart, and our overview of the crypto.
Finally, you can leave YOUR price predictions for each crypto in the comment box below the page!
| LATEST UPDATE: 11/14/2021 |
|---|
About Polygon (MATIC History)
We’re sure we can pretty much all agree the worst thing about the current state of Ethereum are the gas fees involved when doing anything.
Polygon, also known as MATIC, is a layer-2 scaling solution known as a sidechain, allowing Ethereum to scale while reducing gas fees.
It does this by creating a bridge between itself and the Ethereum mainnet, allowing both to run simultaneously while occasionally checking in with each other to ensure consensus.
Ultimately, this allows the user access to a cheaper, quicker way to carry out transactions while looking to score trades in DeFi or score the hottest new NFT.
Although, the big elephant in the room is ETH 2.0, which is set to achieve this task internally by launching sidechains on its own network.
So, what will all this mean for the price of MATIC?
Polygon Price Analysis
Beginning in April 2019, Polygon’s MATIC token launched on exchanges at the initial price of $0.005. Although, it immediately fell into a price decline until it reached its all-time low of $0.003 in May.
From there, MATIC would break $0.01 and continue a slow climb until we find ourselves at $0.03 by February 2021.
Through February, and up until its peak in May, MATIC would see almost nothing but green, resulting in an all-time high of $2.62.
Offering those lucky enough to have bought in near the bottom and sold near the top an ROI of 87,000%.
Yet, even those who got in around January this year would be looking at roughly 10,000% return on investment.
Unfortunately for long-term investors, the time since hasn’t been so kind to Polygon, with a fall to $0.69 following afterward.
Currently, MATIC is trading downward again despite seeing a minor resurgence during October, where it would reclaim $2.13.
So what does all this mean for the future?
Polygon Price Prediction/MATIC Price Forecast for 2022, 2023, 2024, 2025 AND 2030
We predict future Polygon short & long-term price predictions/ MATIC price forecasts at cryptopredictpro.com using deep artificial intelligence-assisted technical analysis on Polygon price data from the past. We work hard to collect as much historical data for the MATIC coin as possible, including multiple parameters such as past price, Polygon market cap, MATIC volume, and a few others. Read our predictions if you want to invest in digital cryptocurrencies and get a good return on your investment. Additionally, if you want to see Polygon price analysis charts, historical data, and more, click here!
Polygon Price Prediction 2021 (MATIC Forecast)
Yet, looking at the daily chart, we can see a mixed picture.
Although trading negatively on the MACD, Polygon is managing to hold onto the positive side of its MA Cross.
That said, it is a lot closer to forming a negative MA Cross than investors would like to see.
MATIC is also trading far above its RMA, meaning we might be about to see a further decline in the price over the next couple of weeks.
Our analysts’ opinion is that Polygon will finish the year valued at somewhere around $1.50.
Polygon Price Prediction 2022 (MATIC Forecast)
Moving into 2022, we could see this price slightly increase through January before joining the whole market into a possible recession.
Currently, we are unconvinced Polygon will exceed $1.70 and may fall to as low as $0.75 by the end of the year.
Polygon Price Prediction 2023 (MATIC Forecast)
Historically, the year before the Bitcoin halving was a bad year for crypto. Should this trend continue, we don’t expect MATIC to defy the market.
Alternatively, we presume most short-term holders to have exited their position during the previous year, suggesting only a slight decline to around $0.70.
Polygon Price Prediction 2024 (MATIC Forecast)
The Bitcoin halving is expected to occur around March 2024. With this, we are likely to see crypto-mania slowly begin to reappear.
However, for our predictions to come to fruition from here on, Polygon will need to address some core problems.
What will they do when ETH 2.0 is launched?
ETH 2.0 looks to make Polygon redundant with their implementation of shards, which are essentially their in-house sidechains.
Conversely, Polygon clearly has plans for the future, having recently acquired the Hermez network in the first of its kind Ethereum scaling merger.
Thus, suggesting Polygon has a larger long-term objective than just being Ethereum’s scaling solution.
Providing Polygon pivots, as we assume scalability will continue to be an issue moving forward, even if not for Ethereum directly, we can see MATIC regaining most of its lost ground this year.
This leaves us with a price prediction of around $2 by the end of 2024.
Polygon Price Prediction 2025 (MATIC Forecast)
Assuming Polygon successfully transitions, our analysts believe a new all-time high of $4 could be achievable.
While this may seem bullish, it is worth noting that achieving this target would only require the current market cap of Terra’s LUNA, a cryptocurrency that is currently valued outside of the top 10.
Polygon Price Prediction 2026 (MATIC Forecast)
Eventually, the positive price action will begin to decline as a new bear market takes hold.
Throughout this year, we predict MATIC will oscillate downwards until around $2.20.
Polygon Price Prediction 2027 (MATIC Forecast)
As with 2023, 2027 is unlikely to be a good year for the crypto market, should patterns persist.
We expect during this time for MATIC to continue its fall, settling somewhere around $1.90.
Polygon Price Prediction 2028 (MATIC Forecast)
However, it is always darkest just before dawn, and as such, we expect to see Polygon reach $4.20 during the initial stages of the 2028 bull run.
Polygon Price Prediction 2029 (MATIC Forecast)
Assuming good fortunes continue for the team behind Polygon, we could see Polygon achieving $8 before beginning its decline.
Polygon Price Prediction 2030 (MATIC Forecast)
Lastly, 2030 will likely be another down year for the crypto markets as a whole. As such, we predict MATIC will fall to around $6 during this period.
Polygon (MATIC) Price Prediction Chart
| Year | Predicted Year Low | Predicted Year High |
|---|---|---|
| 2021 | $1.51 | $1.63 |
| 2022 | $0.75 | $1.74 |
| 2023 | $0.72 | $1.05 |
| 2024 | $1.10 | $2.07 |
| 2025 | $2.03 | $4.11 |
| 2026 | $1.20 | $2.20 |
| 2027 | $1.14 | $1.91 |
| 2028 | $2.10 | $4.23 |
| 2029 | $4.02 | $8.09 |
| 2030 | $3.04 | $6.05 |
Polygon (MATIC) Overview
| Ticker Symbol | MATIC |
|---|---|
| Total Supply | 10,000,000,000 |
| Official Website | polygon.technology |
| Based On | Layer 2 Aggregator |
| Year Founded | 2017 |
| All-Time High | $2.68 |
| Wallets | Ledger, Trust, Metamask, Binance Chain. |
| Exchanges | Binance, Coinbase, Huobi Global, FTX, Kucoin, Gate.io, Kraken, Gemini, Bitfinex |
Conclusion
As much as it’s easy to say Polygon won’t survive ETH 2.0, their recent merger with Hermez suggests the company behind MATIC is already looking into how they will pivot when the time comes.
Assuming Polygon’s development team diligently navigates themselves through the coming turbulence, we can see MATIC still being with us in the future.
Finally, Polygon’s success will be primarily dictated by how well it will pivot from being an Ethereum scaling solution and into its final form.
Polygon receives a 4-star rating from us. What are your price predictions on Polygon (MATIC)? Leave your rating and comments below!
FAQ
1. What do we expect the highest price forecast for MATIC to be for the year 2022?
We expect the MATIC price to reach a maximum level of $1.74 in 2022.
2. Is Polygon (MATIC) a good investment?
We expect the value of MATIC to continue to expand, as the shortage in the market cap tends to encourage price rise. Please keep in mind, however, that any investment carries some risk. So invest in what you can accomplish before drawing any conclusions and conducting as much research as possible.
3. How high can the price of MATIC go?
In 2026, we estimate that the coin will easily reach around the $2.20 mark. However, in 2029, our Polygon price prediction for 2029 is $8.09, which we believe will be its highest peak.
4. How much will Polygon be worth in 2030?
In terms of price, Polygon has the potential to reach new heights. It is forecast that Polygon will increase in value throughout other expert analysts. Our MATIC price prediction for 2030 is around the $6.05 mark.
