Polkadot Price Predictions: How Much Will DOT Be Worth In 2021 And Beyond?

Will Polkadot go up or crash? Read our DOT price predictions

Last Updated October 6th 2021
17 Min Read

Are you wondering ‘is Polkadot a good investment?’ You’re in the right place. We’ll explain everything you need to know about Polkadot, including what it is, how it works, and what expert analysts believe will happen to its price in 2021-2025.

At the time of writing, Polkadot (DOT) has a price of $30.40 and a market capitalization of $30,026,727,646. This means it’s currently the world’s 10th largest cryptocurrency after the recent market-wide bull run saw it overtake several of its competitors (even momentarily surpassing Ripple XRP (XRP). But with the industry still changing on an almost daily basis, many investors are unsure whether Polkadot will live up to its newly-set expectations. 

Since its launch in May 2020, Polkadot has had an eventful couple of years achieving its current all-time high (ATH) of $49.69 on the 15th May 2021 and retaining a band of vocal supporters who believe that it’s one of the most pioneering crypto platforms.

So, is Polkadot a good investment? Will the price of Polkadot go up? If you’re considering adding Polkadot to your portfolio — or simply want to stay ahead of the latest cryptocurrency trends — keep reading. In this article, we’re taking a look at what top crypto experts believe could happen to the price of DOT in 2021-2025.

Contents

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What is Polkadot (DOT)?

The Polkadot protocol was created by Dr Gavin Wood, one of the co-founders of Ethereum. After realising that the Ethereum blockchain platform could encounter various sharding problems after the launch of Ethereum 2.0, Wood came up with Polkadot: a heterogenous multichain framework that would support the development of Web 3.0, Wood’s plan for a decentralized worldwide web. (Sharding is the process of dividing a blockchain’s nodes into separate ‘shards’.)

The Polkadot technology enables users to launch and operate their own blockchains on top of the existing platform. According to the Web3 Foundation, the Polkadot platform is characterised by the following features:

  • Shared security or relay chain and parachains.
  • Performant, sharded network.
  • Sophisticated governance process.
  • Easy blockchain setup.
  • Strong interoperability approach, which means it aims to connect multiple blockchains.

After Wood released the Polkadot white paper on 14th November 2016, the project launched via an ICO (initial coin offering) in 2017. Its first token sale closed on 27th October and raised a total of 485,331 ETH and more than $140 million at the time, making it one of the most successful ICOs ever.

Anticipation for this next-generation blockchain cryptocurrency was high. During the ICO, 1 DOT was worth $30, which is almost $20 lower than its current ATH. However, the price plummeted to around $4-7 when the crypto started trading. The company has raised additional funds through a series of private sales, first in 2019 and later in July 2020. Its most recent sale raised a staggering $43 million in just 72 hours in July 2020, according to an article by CoinDesk.

So, is this level of growth sustainable? You’re in the right place to find out. We’ve compiled some of the most compelling Polkadot price predictions for 2021-2025, helping you identify the potential prospects of the digital asset.

Short-term Polkadot (DOT) Price Predictions: 2021

What are crypto experts forecasting for Polkadot in 2021?

Because Polkadot was relatively stagnant before the 2021 bull run, it’s understandable that investors are keen to find out whether its recent growth is just a fad. Although the market is famously unpredictable, keeping track of forecasts is one of the best ways to work out whether Polkadot is a smart addition to your portfolio.

Our first short-term Polkadot price prediction comes from DigitalCoin. According to its analysis, in 2021 it believes that DOT will fluctuate between a yearly high of $48.75 and a yearly low of $39.77, undergoing a series of peaks and troughs throughout 2021.

Polkadot price prediction chart

The trajectory of the graph seems disappointing at a glance — after all, the asset’s yearly low has been forecast for the very end of the year, suggesting we could see a bearish trend in the last few months of the year. It’s also worth noting that DigitalCoin was overly optimistic about the price of Polkadot at the start of the year.

However, even the lowest price that DigitalCoin expects to see during the rest of the year is higher than its current value. This could still mean that the outlook is positive overall, and that DOT could be a good investment for 2021.

WalletInvestor’s 2021 prediction for DOT is much less bearish. There’s no doubt that the platform expects Polkadot to increase in value throughout 2021, experiencing remarkably low levels of volatility right on through to 2022:

Polkadot price prediction chart

According to WalletInvestor’s analysis for 2021, the price of DOT will climb steadily over the last few months of 2021. This growth rate will see Polkadot increase by around $4-5 in November and December, eventually hitting a price of $50 by the end of December 2021. For that month, the platform has given the following minimum, average, and maximum predictions:

  • Minimum: $24.083
  • Average: $36.987
  • Maximum: $50.201

If these predictions are correct, it means that DOT could beat its ATH of $49.69 by the end of the year. This would be encouraging news for investors. The bullish trend on the graph would see Polkadot have a truly record-breaking year for the asset that’s edging its way towards the world’s top 5 cryptocurrencies by market cap. 

The Economy Forecast Agency does not believe that DOT is in for a bullish future. Its analysis has shown that Polkadot could decline to lows of $20.58 before the end of 2021.

Polkadot Price predictions for 2021:

Month Open Low-High Close Mo,% Total,%
Oct 2021 $28.61 $25.68-$40.09 $27.61 -3.5% -3.5%
Nov 2021 $27.61 $22.57-$32.65 $24.27 -12.1% -15.2%
Dec 2021 $24.27 $20.58-$24.27 $22.13 -8.8% -22.6%

 

As we can see from the table, The Economy Forecast Agency expects the price of Polkadot to decrease month-by-month, declining approximately by $3 by the end of each month and the asset will reach lower lows.

What Will Happen to the Price of Polkadot (DOT) in 2021? 

After a record-breaking start to the year, what do the top crypto experts expect to happen to the price of DOT in 2021? According to experts, the outlook is mixed. WalletInvestor’s analysis suggests that DOT is on the verge of beating its current ATH of $49, while DigitalCoin and The Economy Forecast Agency expect a decline — though they disagree by how much. DigitalCoin believes this could be minor, closing the year at $39, above its current price, while The Economy Forecast Agency foresees prices sinking to $20. 

Could Polkadot Reach $100?

Based on the Polkadot forecasts we have seen for 2021, DOT will likely not reach that point this year, though it could be possible in the years to come if it continues to attract new developers, expand its use cases, and draw in investors.

Will the Price of Polkadot (DOT) Go Up in 2021?

Yes, it seems very likely that the price of Polkadot will go up in 2021. But how do other Polkadot price predictions for 2021 compare? Below, we’ve rounded up some additional forecasts to help you answer the question ‘is Polkadot a good investment?’

  • Trading Beasts: $35.134
  • Previsioni Bitcoin: $135.38
  • Cryptocurrency Price Prediction: $55.41
  • Coin Price Forecast: $56.70
  • Price Prediction: $35.65
  • Coinskid: $38.87
  • Cryptoground: $32.19

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Long-term Polkadot (DOT) Price Predictions: 2022-2025

What are crypto experts forecasting for Polkadot in 2022 and beyond?

In the short term, the outlook for Polkadot seems generally positive. But what could we expect to see in the run-up to 2025? If you’re wondering ‘is Polkadot a good investment in 2025?’ Keep reading to discover what might happen to the price of DOT in 2022, 2023, 2024, 2025, and beyond. 

Trading Beasts is optimistic about DOT’s long-term prospects. According to its analysis, it’s predicted that the price of Polkadot will increase almost year-on-year, hitting the following milestones on its way to 2025: 

  • 2022: yearly low = $20.110, yearly high = $35.190
  • 2023: yearly low = $18.784, yearly high = $45.062
  • 2024: yearly low = $31.689, yearly high = $60.898

Except for 2022, Trading Beasts thinks that DOT’s yearly high will be almost double its yearly low in each of the next few years. All of its forecasts suggest that the value of DOT will get higher as the year progresses from 2023 onwards. If its forecasts are accurate, it means the price of Polkadot could undergo a percentage increase of 58.85% between its current price and the beginning of 2025 — an encouraging prospect for current and prospective investors alike.

Our second long-term price prediction comes from DigitalCoin. The investment analysis platform was mostly optimistic about the price of DOT in 2021, so what does it expect to see in 2022-2025?

Polkadot price prediction chart

As we can see, DigitalCoin expects to see the price of DOT increase gradually over the next few years (except for 2027). The overall trend of its prediction is bullish, taking the price of DOT from slightly below $50 to $130 over the next seven years. This would be more than two times higher than its current ATH.

DigitalCoin has predicted the following Polkadot milestones for 2022-2028:

  • 2022: $53.3
  • 2023: $63.03
  • 2024: $70.77
  • 2025: $90.55
  • 2026: $101.75
  • 2027: $91.12
  • 2028: $133.46

DigitalCoin expected Polkadot to surpass $100 by 2026 and generally appears to paint a more positive picture than Trading Beasts, though they are not too far off from each other in the run-up to 2024. If you’re wondering ‘is Polkadot a good investment in 2030?’ The platform’s forecasts should be reassuring — they show an average yearly price increase of approximately $10 for the next few years, which is slow and steady before progress gains speed from 2024 and a big increase in 2028.

Between 2024 and 2025, DigitalCoin believes that Polkadot could increase by $20. It expects the price to fall again in 2027, but if its calculations are correct, it seems this could simply be a bearish adjustment. After all, the forecast suggests that the asset will come back stronger than ever in 2028, with a top price of $133.46. 

Our most bullish prediction comes from cryptocurrency analysis site Previsioni Bitcoin. This platform is relentlessly optimistic about the future of crypto, believing that we’ll start to see the mass adoption of digital assets within the next few years. According to its technical analysis, which is based on the historical price data for DOT, Previsioni Bitcoin believes that Polkadot will rocket in price and has given the following forecast for 2023:

 

Both Trading Beasts and DigitalCoin were optimistic about DOT’s prospects, but Previsioni Bitcoin is on another planet! It believes that Polkadot will start 2023 at a value of $119.64 and close at a value of $140.58. This is $80 higher than DigitalCoin’s prediction for the same year!

The platform thinks the Polkadot price will be $137.45 in 2021, rising to $146.41 by the end of 2022, and $140.44 by the end of 2023. 

Previsioni Bitcoin doesn’t expect Polkadot to fall below $103.09 in 2023. This will be its yearly low at the start of July, a price drop that will pave the way for new growth. The second half of the year will see DOT gain almost $30 in just two months before levelling out to close the year at $140. As a long-term investment, it projects that Polkadot could perform very well.

What Will Happen to the Price of Polkadot (DOT) in 2022-2025? 

Forecasts vary in what they believe the price of DOT could achieve, but all of the long-term price predictions believe that the price of Polkadot will increase between 2021 and 2025. Previsioni Bitcoin and DigitalCoin agree that DOT will reach a value of $100 in either 2021 or 2026. Meanwhile, Trading Beasts are more cautious, expecting a more gradual rise to a new ATH of around $60.

Will the Price of Polkadot (DOT) Go Up in 2022-2025?

The predictions all expect the price of Polkadot to go up. Although some predict that we’ll see some level of volatility, and at points, decline, none of the price predictions we have seen expects that this will disrupt DOT’s overall bullish trajectory.

Below, we’ve included some additional Polkadot price predictions for 2022, 2023, 2024, and 2025.

2022:

  • WalletInvestor: $74.652
  • The Economy Forecast Agency: $38.27
  • Cryptocurrency Price Prediction: $108.03
  • Coin Price Forecast: $93.55
  • Coinskid: $43.66
  • Price Prediction: $55.54
  • Cryptoground: $47.23

2023:

  • WalletInvestor: $98.749
  • The Economy Forecast Agency: $43.39
  • Cryptocurrency Price Prediction: $108.59
  • Coin Price Forecast: $117.56
  • Coinskid: $75.78
  • Price Prediction: $81.57
  • Cryptoground: $57.47

2024: 

  • WalletInvestor: $122.407
  • The Economy Forecast Agency: $50.33
  • Coin Price Forecast: $135.19
  • Coinskid: $120.48
  • Price Prediction: $122.06
  • Cryptoground: $65.36

2025:

  • WalletInvestor: $146.259
  • The Economy Forecast Agency: $42.29
  • Cryptocurrency Price Prediction: $395.38
  • Coin Price Forecast: $153.24
  • Coinskid: $186.97
  • Price Prediction: $174.18
  • Cryptoground: $76.42

Trading Education Polkadot Price Predictions

The Polkadot price predictions we have shown so far for 2021-2025 and beyond do not all agree on the trajectory DOT will take over the next few years.

And nor should they — their disagreement is better for forming a solid idea of where the cryptocurrency will go. Having negative, positive, and cautious price predictions gives us a healthy variety to form realistic price goals. So, we’ve analysed everything we’ve seen so far to make our predictions. Here they are:

Polkadot price prediction 2021

In 2021 Polkadot price predictions suggest to us that DOT may struggle to move beyond $30 before the end of the year, with prices mostly ranging between lows of $32 and highs of $38. In the worst-case scenario, DOT may sink to $20 and in the best-case scenario, it may soar above $50 and reach a new ATH according to DOT price experts in 2021. The most bullish Polkadot price forecast for 2021 suggests $135.

Polkadot price prediction 2022

By 2022, data from Polkadot price predictions is very scattered with possible highs above $100 on one end and potential lows of $20 on the other. Most likely Polkadot price experts indicate that a price between $38 and $47 is most realistic. Prices above $70 and $90 could also be possible as well according to some Polkadot price predictions in 2022.

Polkadot price prediction 2023

From what we have seen, Polkadot price predictions for 2023 tells us that DOT could be getting close to surpassing $100 or may have moved past it — some even believe that $140 could be reached. More cautious price predictions for DOT in 2023 suggest it may be stuck around $40 and $60 per coin instead.

Polkadot price prediction 2024

Expert Polkadot price predictions for 2024 are not too different from 2023, though bullish price forecasters seem to be even more bullish, with higher range prices coalescing around $120. But not all DOT price forecasts for 2024 agree, with lows predicted between $50 and $65. The most bullish DOT forecast for 2024 believes $135 could be reached.

Polkadot price prediction 2025

The top Polkadot price predictions largely suggest that by 2025 the $100 barrier has well and truly been conquered with prices likely ranging between either $140 to $150 or $170 and $190. The most bullish price forecast for Polkadot in 2025 is $395 and the most bearish is $42.

Polkadot price prediction 2027

Six years from now, Polkadot price predictions for 2027 are significantly different from each other with the lowest at $91.91, average at $153.36, and the highest at 366.78.

Polkadot price prediction 2030

By 2030, the top Polkadot price predictions suggest that an astonishing $1,100 per coin could be possible! However, not all Polkadot price predictions for 2030 agree with some suggesting $170 could be more realistic.

Conclusion: Polkadot (DOT) Price Prediction Forecast

The below prediction figures outline some of the potential highs and lows of Polkadot (DOT) price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts.

Year High Low
2021 $55 $20
2022 $108 $38
2023 $117 $43
2024 $135 $50
2025 $395 $42

 

How has the Price of Polkadot (DOT) Changed Over Time?

When Polkadot finally arrived on the crypto market in 2020, its price did not rocket upwards as expected — a disappointment to the investors who had attempted to cash in on the growth promised by the impressive ICO. But although the start to its first year was underwhelming, its recent performance in 2021 has sparked a resurgence of interest in the crypto.

We can see how the price of DOT has changed over the last few months by looking at the chart below, which comes from CoinMarketCap:

As the graph shows, Polkadot’s bullish run began at the very end of 2020. Having remained at a price of around $4 to $5 for the majority of 2020, DOT hit $7.28 on the 31st of December 2020 and increased to $9.36 the following day – a bright start to 2021.

Its growth didn’t stop there. Between the 12th and 16th January 2021, DOT rose from $8.26 to $18.18 and remained around this peak for the rest of the month. Impressive as that was, it was nothing compared to what was to come. 

By February, DOT had breached $20 per coin and retained much of that value despite volatility until the 8th where it continued to leap upwards, claiming a new ATH month after month. By May 2021 Polkadot reached its current ATH of $49.69, though, like much of the crypto market after that, prices tumbled dramatically. After a few attempts to regain ground, DOT had declined to a low of $10.

Luckily, Polkadot’s story doesn’t end there and gradually prices picked up again to where they are now — $30.40. 

What Factors Affect the Price of Polkadot (DOT)? 

If you are going to trade Polkadot effectively, you need to know what influences its price — price predictions will not help you with that!

When you know what factors could impact the price of DOT, you will be more prepared for potential losses and gains and will be able to mobilise your position out of harm’s way when necessary.

Relationship with Ethereum 

As we mentioned earlier in the article, Polkadot was built by Dr Gavin Wood – one of the co-founders of Ethereum. Many people consider Polkadot to be Ethereum’s main rival. This is because both platforms are designed to support the foundation of other blockchain assets, in addition to their native token (Ethereum’s native cryptocurrency is Ether/ETH). 

Because of this perceived rivalry, some analysts believe that the success of Ethereum could potentially have hindered the progress of Polkadot. Although Ethereum has also enjoyed significant growth over the last few months, hitting a current price of $3,377.51, 2021’s market-wide bull run has thrown Polkadot into the limelight. Now that both assets are in the world’s top 10 cryptos by market cap, it remains to be seen whether their competition will come to a head in the future.

The rise of DeFi

Decentralised finance, or DeFi, is a form of finance that aims to remove financial services from the control of centralised bodies – for example, banks and other large companies. The idea is that this will give everyday people greater control over their money without having to navigate factors such as transfer fees and exchange rates.

The Polkadot ecosystem, much like Ethereum’s, is host to many DeFi blockchain projects (as well as being one itself). One of the most notable of these is Chain X, a community-driven project that enables users to transfer different assets (BTC, ETH, DOT, or EOS) between blockchains. 

As the demand for solutions such as Chain X continues to grow, platforms powering this sector will likely see greater interest.

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Key Points

If you remember anything from Polkadot Price Predictions: How Much Will DOT Be Worth In 2021 And Beyond? Make it these key points.

  • The Polkadot protocol was created by Gavin Wood, one of the co-founders of Ethereum, to solve the problem of sharding within the Ethereum platform.
  • DigitalCoin believes that DOT will fluctuate between a yearly high of $48.75 and a yearly low of $39.77, undergoing a series of peaks and troughs throughout 2021.
  • WalletInvestor believes that Polkadot will increase by around $4-5 between November and December, eventually hitting a price of over $50 by the end of December 2021.
  • According to The Economy Forecast Agency, Polkadot could decline to lows of $20.58 before the end of 2021.
  • Trading Beasts believes that Polkadot could hit a yearly high of $60.898 in 2024.
  • According to DigitalCoin, Polkadot will be worth  $90.55 in 2025, rising to around $133.46 by 2028. 
  • Previsioni Bitcoin doesn’t expect Polkadot to fall below $103.09 in 2023.
  • Factors that can affect the value of Polkadot include its relationship with Ethereum and the popularity of DeFi services.

We hope you’ve found this article about Polkadot price predictions for 2021-2025 helpful! Whether you’re an existing or a prospective investor, this fast-growing crypto has shot to attention over the last few months – and many people are keen to know whether its new-found status will last.

Do you think these predictions are spot on? Or could we see something different in the run-up to 2030?

The recent bullish run has left many people wondering ‘will Polkadot continue to rise?’ According to the majority of these predictions, the outlook is overwhelmingly positive. None of the forecasts that we included in this article expects to see a period of rapid decline in the future.

Polkadot Price Predictions — FAQs

Still have questions about Polkadot price predictions? Perhaps these frequently asked questions will help.

How To Stake Polkadot?

According to Polkadot’s support documentation, you will have to complete the following steps:

  1. Create two Polkadot accounts — one to be your ‘stash’ and another to be your ‘controller’ (you should have some DOT in both of your accounts).
  2. Go to the Polkadot-JS UI main page.
  3. Click the Staking link under the Network tab at the top.
  4. Click “Account actions” (on top). It may take a while to load.
  5. Click the “+ Nominator button” (top right). If you use a Ledger, use this workaround.
  6. Choose your Stash and Controller accounts. Then select the amount you want to bond and the rewards destination and click “Next”.
  7. In the next screen select your validators. Once you’re done, click “Bond and Nominate”.
  8. Enter the password for your account and click “Sign & submit”.

After this point, you should start earning DOT in approximately two days.

How Did Polkadot The ICO Go?

Polkadot’s 2017 ICO went very well with $144,630,000 received in the token sale, according to ICO Drops. During the ICO, 1 DOT was equal to $0.29 and 50% of all tokens were available for sale. Since the ICO, DOT has made initial investors a return of x109.07.

How To Invest In Polkadot?

As a relatively young coin, it would not be wise to invest too much in Polkadot just yet because we have limited information on how well it could perform. However, as the price predictions above have suggested, it could do particularly well in the long-term (2025 to 2030), and so it would perhaps be best to hold DOT tokens for the long run.

Most experienced cryptocurrency investors invest the bulk of their crypto portfolio in Ethereum and Bitcoin and much smaller percentages in other altcoins, such as Polkadot. So, with that in mind, it is perhaps only necessary to invest a small portion of your portfolio in DOT — if it does particularly well, a small amount is all you need.

What Does Polkadot Crypto Do?

According to Polkadot’s website, Polkadot does several things:

  • Enables cross-chain transfers of any asset.
  • Enables a common set of validators to secure multiple blockchains.
  • Enables the creation of custom blockchains with their own governance, which are secured by Polkadot.
  • Upgrades without requiring hard forks.

What Is Polkadot Parity?

Parity is a blockchain infrastructure company that has worked on Ethereum and with clients on Bitcoin and Zcash. Parity, in collaboration with the Web3 Foundation, launched the cryptocurrency Polkadot (DOT).

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