- October 28, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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.
Table of contents
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.
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
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
MATIC price could close its trade for 2024, with a pricier tag of $0.75.
Yes, it is a profitable investment, but the digital asset should be under due consideration for the long term.
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.
While it is not a direct apples-to-apples comparison, as one is a layer-2 and the other is a layer-1.
At its best, it can process 65,000 transactions per second.
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.
The target of MATIC Price achieving $100 is possible over the next 18 years.
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%.
Yes, MATIC has been upgraded to POL as the network token for Polygon.