Polygon Price Prediction 2024 – 2030: Will MATIC Scale To $1 in 2024?

The post Polygon Price Prediction 2024 – 2030: Will MATIC Scale To $1 in 2024? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the Polygon coin is  $ 0.32759586.
  • The MATIC price could reach a maximum of $0.75 in 2024.
  • Polygon price with a potential surge, may reach a high of $3.37 by 2030.

Amid increased volatility, Bitcoin has reclaimed the $67k, displaying increased price action. Notably, with Polygon’s latest migration of its native token from MATIC to POL it has entered into its Polygon 2.0 roadmap. The latest road map highlights the evolution into a zkEVM system, complete with its network of application-specific blockchains. With this, POL will bring added utility to the network.

However, with Polygon hovering close to its $0.33 mark, investors are curious about whether the Polygon price can rebound to $1? whether Will Polygon go up?, and Is Polygon a good investment?  

We bring our Polygon Price Prediction for 2024 – 2030 to explore the MATIC price prediction and answer such questions for you.

Overview

Cryptocurrency Polygon
Token MATIC
Price  $ 0.32759586 0.02%
Market Cap  $ 857,450,979.4505
Trading Volume  $ 10,348,538.9720
Circulating Supply  2,617,404,792.2836
All-time High $2.92 Dec 27, 2021
All-time Low $0.003012 May 10, 2019
24 High Coming soon
24 Low Coming Soon

MATIC Price Forecast November 2024

Amid increased price volatility, the Polygon price has plunged ~24% in 30 days. Notably, it is trading at $0.3247 and has recorded a 24-hour trading volume of $42.87 Million.

Polygon Price Prediction 28th October 2024
TradingView: MATIC/USDT

A bullish price action could push the MATIC coin price toward its high of $0.500. However, in case of a bearish action, this altcoin could retest its crucial support level of $0.3250.

Month Potential Low Potential Average Potential High
November $0.3250 $0.4125 $0.500

Polygon Price Prediction 2024

Welcoming 2024 with a modest 2.04% increase on New Year’s Eve, MATIC’s journey above $1 was short-lived, succumbing to a pullback. However, a bullish reversal could position the MATIC on a path to reclaim the $0.75 mark.

The price of Polygon crypto could reach a high of $1. On the flip side, this L2 altcoin may drop back to its previous low at $0.53, resulting in an average price of $0.32 throughout the year.

Year Potential Low Potential Average Potential High
2024 $0.32 $0.53 $0.75

MATIC Price Prediction 2025

MATIC price forecast for 2025 predicts a new all-time high formation with the large-scale adoption of Polygon 2.0.

With a potential high of $0.97, the POL price is set to sustain the bull run. However, a short correction may reach a potential low of $0.40, making an average of $0.68.

Year Potential Low Potential Average Potential High
2025 $0.40 $0.68 $0.97

Also, read our Ethereum (ETH) Price Prediction 2024-2030

Polygon Price Targets 2026 – 2030

Year Potential Low ($) Potential Average ($) Potential High ($)
2026 0.52 0.89 1.16
2027 0.67 1.08 1.49
2028 0.89 1.40 1.91
2029 1.17 1.86 2.56
2030 1.45 2.41 3.37

Polygon Price Action 2026

Anticipating further expansion, MATIC’s potential high for 2026 is projected to be $1.16, while the potential low is estimated at $0.52, resulting in an average price of $0.89.

POL Price Prediction 2027

MATIC crypto can make a potential high of $1.49 in 2027, with a potential low of $0.67, leading to an average price of $1.08.

Polygon Crypto Price Forecast 2028

As the POL price progresses, the potential high price for 2028 is projected to be $1.91, with a potential low of $0.89, resulting in an average price of $1.40.

MATIC Coin Price Projection 2029

Polygon coin price potential high for 2029 could be $2.56, while a potential low of $1.17, with an average price of $1.86.

Polygon Price Prediction 2030

With an established position in the market, MATIC’s potential high for 2030 is projected to be $3.37. On the flip side, a potential low of $1.45 will result in an average price of $2.41.

Market Analysis

Firm Name 2024 2025 2030
Wallet Investor $0.861 $0.673
Priceprediction.net $0.4328 $0.6412 $4.36
DigitalCoinPrice $0.65 $0.92 $2.72

Check out our Arbitrum (ARB) Price Prediction 2024-2030

CoinPedia’s MATIC Price Prediction

Coinpedia’s price prediction for Polygon is extremely volatile, suggesting MATIC crypto price may reach new swing highs and possibly surpass its all-time high in the coming time.

The Polygon Price Forecast 2024 predicts a swing high of $0.75, with an average price of $0.32.

We expect the MATIC Price to reach $0.75 by the end of 2024.

Year Potential Low Potential Average Potential High
2024 $0.32 $0.53 $0.75

Historical Market Sentiments

Polygon Price History

Also, Read the Latest Crypto News in 100 words! Get the live News on Cryptocurrency and blockchain at your fingertips. Stay up to date on major announcements and breaking news.

FAQs

What price can Polygon reach in 2024

MATIC price could close its trade for 2024, with a pricier tag of $0.75.

Is MATIC a good investment?

Yes, it is a profitable investment, but the digital asset should be under due consideration for the long term. 

How high can Polygon go by 2025?

According to our MATIC price prediction, the altcoin could reach a maximum of $0.97 by 2025. With a potential surge, the price could go as high as $3.37 by 2030.

Is Polygon better than Solana?

While it is not a direct apples-to-apples comparison, as one is a layer-2 and the other is a layer-1.

How high can MATIC go?

At its best, it can process 65,000 transactions per second.

Why Polygon is faster than Ethereum?

The major functionality of this altcoin is to enable the multichain Ethereum ecosystem. It provides a network that offers interoperability between previous and present infrastructure scenarios of Ethereum.

Can polygon hit $100?

The target of MATIC Price achieving $100 is possible over the next 18 years.

If I had invested $100 in Polygon in 2020, what would it be worth now?

Your investment of $100 in Polygon in 2020, considering at $0.022 (high of Dec 2020), would be now worth approximately $1,803.99, with a percentage gain of 1,803.09%.

Is MATIC changing to POL?

Yes, MATIC has been upgraded to POL as the network token for Polygon.

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