Polygon (MATIC) Price Prediction 2023 2024 2025 2026 - 2030

Polygon, the Ethereum scaling solution that powers MATIC, has achieved some noteworthy progress in the first two weeks of 2023. Polygon announced a deal with finance giant Mastercard earlier this week, after partnerships with popular names such as Disney and Reddit. Both companies have teamed forces to build a web3 incubator.

During the 2021 bull run, many cryptocurrencies reached new all-time highs. In contrast, the value of several cryptocurrencies has fallen. Because of such market paradoxes, many cryptocurrency traders and investors may be unsure if it is time to hold or sell their assets while prices are high.

Meanwhile, according to a new analysis released by Blockchain analytics firm Messari, the third quarter of 2022 witnessed a 180% growth in the number of active addresses, with total transactions for the period totalling 2 billion.

Furthermore, Polygon's deal with Warren Buffet-backed Nubank, announced last week, is viewed positively by the network.

SHOWTIME, a popular television network, just announced a partnership with Polygon and Spotify. In other news, Polygon reported that Ethereum's Merge had significantly cut its CO2 emissions which could affect polygon’s price also.

Polygon Overview

Polygon Tokenomics

Polygon has a total quantity of 10 billion tokens, 8 billion of which are now in circulation. The remaining 2 billion tokens will be released in stages over the next four years and distributed mostly through staking rewards. To support the sale of 19% of the tokens, the inaugural exchange offering was held on Binance via the Binance Launch Pad.

The current supply is broken down as follows:

• Polygon Team – 1.6 billion

• Polygon Foundation – 2.19 billion

• Binance Launchpad – 1.9 billion

• Advisors – 400 million   

• Private sale – 380 million

• Ecosystem – 2.33 billion

• Staking Rewards – 1.2 billion

Polygon (MATIC) Price Prediction 2023

Polygon is prone to high volatility and price changes. Any analytics firm projecting the price of any cryptocurrency or digital asset relies on tools and algorithms. Changelly, an analytic firm, forecasted the prices listed below. It is only a prediction and not an investment recommendation.

According to a technical estimate of Polygon prices in 2023, the lowest cost of a Polygon will be $1.45. The MATIC price might rise to a maximum of $1.72. The average trade price is anticipated to be approximately $1.50.

Polygon (MATIC) Price Prediction 2023: January

Based on the price fluctuations of Polygon at the beginning of 2022, crypto experts expect the average MATIC rate of $1.06 in January 2023. Its minimum and maximum prices can be expected at $0.969903 and at $1.09, respectively.

Polygon (MATIC) Price Prediction 2023: February

Cryptocurrency experts are ready to announce their forecast for the MATIC price in February 2023. The minimum trading cost might be $1.04, while the maximum might reach $1.13 during this month. On average, it is expected that the value of Polygon might be around $1.08.

Polygon (MATIC) Price Prediction 2023: March

Crypto analysts have checked the price fluctuations of Polygon in 2022 and in previous years, so the average MATIC rate they predict might be around $1.10 in March 2023. It can drop to $1.06 as a minimum. The maximum value might be $1.18.

Polygon (MATIC) Price Prediction 2023: April

In the middle of the year 2022, the MATIC price will be traded at $1.14 on average. April 2023 might also witness an increase in the Polygon value to $1.23. It is assumed that the price will not drop lower than $1.10 in April 2023.

Polygon (MATIC) Price Prediction 2023: May

Crypto experts have analyzed Polygon prices in 2022, so they are ready to provide their estimated trading average for May 2023 — $1.17. The lowest and peak MATIC rates might be $1.13 and $1.29.

Polygon (MATIC) Price Prediction 2023: June

Crypto analysts expect that at the end of summer 2022, the MATIC price will be around $1.21. In June 2023, the Polygon cost may drop to a minimum of $1.16. The expected peak value might be $1.35 in June 2023.

Polygon (MATIC) Price Prediction 2023: July

Having analyzed Polygon prices, cryptocurrency experts expect that the MATIC rate might reach a maximum of $1.40 in July 2023. It might, however, drop to $1.20. For July 2023, the forecasted average of Polygon is nearly $1.24.

Polygon (MATIC) Price Prediction 2023: August

In the middle of autumn 2022, the Polygon cost will be traded at the average level of $1.28. Crypto analysts expect that in August 2023, the MATIC price might fluctuate between $1.23 and $1.46.

Polygon (MATIC) Price Prediction 2023: September

Market experts expect that in September 2023, the Polygon value will not drop below a minimum of $1.28. The maximum peak expected this month is $1.52. The estimated average trading value will be at the level of $1.33.

Polygon (MATIC) Price Prediction 2023: October

Cryptocurrency experts have carefully analyzed the range of MATIC prices throughout 2022. For October 2023, their forecast is the following: the maximum trading value of Polygon will be around $1.58, with a possibility of dropping to a minimum of $1.33. In October 2023, the average cost will be $1.38.

Polygon (MATIC) Price Prediction 2023: November

Based on the price fluctuations of Polygon at the beginning of 2022, crypto experts expect the average MATIC rate of $1.44 in November 2023. Its minimum and maximum prices can be expected at $1.39 and at $1.64, respectively.

Polygon (MATIC) Price Prediction 2023: December

Cryptocurrency experts are ready to announce their forecast for the MATIC price in December 2023. The minimum trading cost might be $1.45, while the maximum might reach $1.72 during this month. On average, it is expected that the value of Polygon might be around $1.50.

Polygon (MATIC) Price Prediction 2024

Based on recent years' Polygon prices, it is estimated that the minimum price of Polygon in 2024 will be roughly $2.22. The most likely MATIC pricing is around $2.50. In 2024, the average trade price might be $2.28.

Polygon (MATIC) Price Prediction 2025

According to cryptocurrency specialists' technical study of Polygon pricing, MATIC is anticipated to have the following lowest and maximum prices in 2025: around $3.13 and $3.84, respectively. The projected trading cost is $3.22 on average.

Polygon (MATIC) Price Prediction 2026

The values of Polygon and their changes over the previous years have been studied by cryptocurrency professionals. The minimum MATIC price is expected to be $4.48 in 2026, with a maximum price of $5.33. The average cost of trading will be roughly $4.64.

Polygon (MATIC) Price Prediction 2027

According to crypto specialists' research of Polygon expenses, the following maximum and minimum MATIC prices are projected in 2027: $7.73 and $6.42. It will be traded at an average price of $6.61.

Polygon (MATIC) Price Prediction 2028

Crypto professionals are continually analyzing Polygon's fluctuations. According to their forecast, the average MATIC price will be around $9.33. It could fall to as low as $9.06, but it could still reach $11.02 by 2028.

Polygon (MATIC) Price Prediction 2029

Every year, cryptocurrency analysts anticipate the price of Polygon. MATIC is expected to trade between $12.92 and $15.83 in 2029. During the year, the average cost is estimated to be around $13.29.

Polygon (MATIC) Price Prediction 2030

Cryptocurrency analysts are set to reveal their price predictions for Polygon. The highest MATIC price of $21.97 will define the year 2030. However, it is possible that the rate will fall to approximately $18.09. As a result, the anticipated average trading price is $18.75.

Polygon (MATIC) Price Prediction 2040

Long-term pricing projections are difficult to make; experts have computed this based on present growth. According to the long-term Matic price estimate, their prices could reach a new all-time high this year. 

Depending on the market trend, MATIC might have an average price of $158.74 in 2040. Polygon's maximum price projection for 2040 is $173.89. 

If the market becomes positive, Polygon's price in 2040 could rise much higher than we predicted. If the market becomes bearish, Polygon's minimum price level might be around $132.56.

As per Telegaon's price prediction

Polygon (MATIC) Price Prediction 2050

The year 2050 may end with an average price of $278.12, according to expert price predictions. While a Polygon can be purchased for as little as $245.91. After such a long trip, many cryptos, including Polygon, may reach a new all-time high this year. 

The highest price of Polygon is anticipated to reach around $311.78 in 2050. If more investors are drawn to Polygon between these years, the price of Polygon in 2050 might be significantly higher than our projection.

Polygon (Matic) Price Analysis 

During the 2022 weak market, Polygon fared far better than several other cryptocurrencies. Instead of steadily declining in value, it has managed to keep some critical support levels and has even begun to rise again. 

This was due in part to the large-scale agreements announced by the cryptocurrency during the spring and summer of 2022, particularly those with Coca-Cola and Disney, as well as the further popularization of layer-2 scaling solutions.

One of the key partnerships with Meta boosted the price above the resistance which made the MATIC price sustain the long-running crypto winter.

 

Source: TradingView

The above chart shows the current market condition of Polygon (MATIC). The ongoing price trend is making an upper wedge pattern which is a sign of an upcoming bear market which could add more worry to the market sentiment. The ultimate support for this weekly chart is at $0.80 which shows that the market has reverted upward most of the time after obeying the support.

Furthermore, the technical indicators are showing a strong Buy signal over a long period of time frame.

 

Source: TradingView

However, keep in mind that the technical analysis is made just on the basis of numbers and chart reading. The sole purpose of the article is to educate and shouldn’t be taken as an investment idea.

Polygon (MATIC) Social Media Sentiment Analysis

Polygon has been very popular on the social media market since it surged from $0.05 to $1. With over 1.8 Million followers alone on Twitter, Polygon has reached a feat which some crypto firms only dream about. 

The social media sentiment analysis shows the variance in the number of searches per day or week (Based on the data retrieval) which is then forecasted directly into the blockchain data sites to reflect the social activity of that particular token.

As per the data provided by cfgi.io, the social sentiment is in the green region which is a very positive sign for the crypto as it’s performing very well. 

The technical sentiment shows the collective data from all the exchanges where the crypto has been traded and shows Buy or Sell signals based on the number of trades.

Dominance sentiment is generally a a fear and greed ratio which shows the tendency of investors to buy or sell or hold the crypto. More fear, more selling and vice versa for greed.

Search sentiment shows the number of times the token has been searched on Google and Bing.

Source: CFGI.io

Polygon (MATIC) 50, 200 Days SMA and 14 Days RSI

 

The price of Polygon is currently above the 200-day simple moving average (SMA). Since January 8, 2023, the 200-day SMA has been suggesting BUY for the last 37 days.

Polygon's price is currently above the 50-day simple moving average, and this indicator has been indicating BUY for the last 37 days, since January 8, 2023.

According to technical indicators, Polygon's 200-day SMA will grow in the coming month and might reach $ 0.973149 by March 17, 2023. Polygon's 50-Day SMA is expected to reach $ 1.284114 by March 17, 2023.

The momentum oscillator Relative Strength Index (RSI) is a prominent indicator that indicates if a cryptocurrency is oversold (below 30) or overbought (above 30). (above 70). The RSI is currently at 60.87, indicating a neutral MATIC market.

Conclusion

MATIC's comeback since the market-wide sell-off in November has been excellent, but the trend could reverse if investors decide to book profits. Especially because many of them have seen their holdings dwindle as a result of the prolonged crypto-winter, the possibility of leaving in the green will be appealing.

Even once Ethereum completes its proof-of-stake switch, it will be difficult to picture it functioning without Polygon's scaling services, which may theoretically be even quicker at this point. On the other hand, there is a possibility that MATIC will become obsolete and would need to reinvent itself.

The main concern investors should have when investing in Polygon is that it has several competitors, including Polkadot and Avalanche.

Polygon (MATIC) FAQs

What will polygons be worth 2025?

 MATIC is anticipated to have the following lowest and maximum prices in 2025: around $3.13 and $3.84, respectively. The projected trading cost is $3.22 on average.

What will Polygon Matic be worth in 2030?

The highest MATIC price of $21.97 will define the year 2030. However, it is possible that the rate will fall to approximately $18.09. As a result, the anticipated average trading price is $18.75.

How much will a Polygon cost in 2040?

Price prediction for Polygon is $173.89 in 2040. If the market gets bullish, Polygon may surge more than our Polygon price forecast in 2040.

Is Polygon (MATIC) a good buy?

Polygon (MATIC) has historically provided big rewards to investors and is expected to continue rising consistently in the foreseeable years. However, because the crypto market is so unpredictable, you should carefully consider all of the risks and DYOR before investing in it or any other currency or token.

Can MATIC Reach $5?

Although there are several estimates for MATIC's future pricing, nearly all of them are bullish. Although MATIC may be a solid long-term investment, most experts believe it is unlikely to hit $5 in the near future.

What Exactly Does Polygon Do?

Polygon is an Ethereum (ETH) protocol that was created to 'construct, issue, and manage digital assets on the blockchain'. Polygon SDK, a platform that allows individuals to construct various types of blockchain applications and decentralized finance (DeFi) services, lies at the heart of the protocol.

Also Read - How to Mine Polygon (Matic) on your PC