Will Polygon go up or crash? Read our Polygon MATIC Price Predictions 2021 – 2025
Is Polygon crypto a good investment? Wondering ‘what are Polygon coins worth’? You’re in the right place. In this article, we’ll explore some of the top Polygon price predictions for 2021 and beyond.
We’ll be exploring what the experts have to say about Polygon’s future performance. Find out the top MATIC Price prediction forecast for 2021 and beyond and discover how much the coin could be worth in 2021-2025.
According to the recent long-term forecast, Poylgon price will hit $2 level by the end of 2021, $3.5 by the end of 2022 and $4.6 by the end of 2025. Polygon will rise to $8.20 in 2027, $14.30 in 2030 and $18.65 in 2032.
Known as ‘Ethereum’s network of blockchains’, Polygon (formerly called Matic Network) is a platform that turns Ethereum into a multi-chain system. At the time of writing, Polygon (MATIC) has a price of $0.8871 and a market capitalization rate of $5,630,041,635. This makes it the world’s 20th largest cryptocurrency, a ranking it’s only recently achieved.
Despite being on the market since April 2019, Polygon was initially slow to make real progress. Having broken the $2 barrier earlier this year, what’s next for the price of MATIC? Is Polygon crypto a good investment?
In this article, we’ll take a look at some of the top cryptocurrency price predictions for Polygon in 2021-2025. Read on to find out what Polygon is, how the platform works, and whether its price will go up over the next five years.
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What is Polygon (MATIC) and How Does it Work?
Polygon (MATIC) is an Ethereum protocol that was designed to ‘create, issue, and manage digital securities on the blockchain’. The protocol is centred around Polygon SDK, a framework that enables people to build different types of blockchain applications and decentralized finance (DeFi) services.
By using the Polygon framework, it’s possible to access the Ethereum blockchain while sidestepping some of its current issues - for example, high transaction fees and low processing capacity. This means Polygon essentially turns Ethereum into a multi-chain system, referred to as the ‘internet of blockchains’. The platform can process up to 65,000 transactions per second on one side-chain and it takes less than two seconds to create a new block.
The native token of Polygon is MATIC, named after its original branding (Matic Network). MATIC is an ERC-20 token that’s used to pay for services on the platform. It can also be used as a settlement currency between different users, as well as to pay transaction fees.
Polygon was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. At the time of writing, there is a circulating supply of 4,877,830,774 MATIC tokens and a total supply of 10,000,000,000.
Short-term Polygon (MATIC) Price Predictions: 2021
What are crypto experts forecasting for Polygon in 2021?
2021 has been a stand-out year for Polygon. After two years of negligible growth, during which the price of MATIC remained under $0.02, the last six months have seen the Polygon asset reach new heights. Its current all-time high (ATH) is $2.4544, which it hit on 18th May 2021. Although it’s since dropped down below $1, it’s not slumped to its pre-bull run prices yet. But what could the next six months hold?
According to Wallet Investor, the outlook is positive. The platform believes that the price of Polygon will reclimb to a maximum price of $1.646 by August and continue to climb throughout the rest of 2021. By the end of the year, Polygon MATIC could be worth a minimum of $1.939 - with the potential to hit a new ATH of $2.921.
Considering Polygon has just experienced a period of extreme volatility, this prediction is a welcome sign. Wallet Investor believes the price of MATIC will increase steadily over the next year. Although the growth on the chart isn’t completely linear, it still suggests MATIC will ultimately gain value month-on-month.
For the most part, Gov Capital agrees with Wallet Investor’s prediction. Its technical analysis has shown that the price of Polygon will increase throughout the remainder of 2021, eventually closing the year at an average value of $3.32 (its minimum price could be $3.28581 and its maximum price could be $3.35219). This is almost $1 higher than the asset’s current ATH of $2.4544.
Although Gov Capital believes that the price of MATIC could drop at the end of 2022, the outlook for the next year looks bright. For this prediction to be accurate, the Polygon token will need to climb to $1.664 by the start of August. Considering Wallet Investor predicted a potential top price of $1.646 by August, this could be attainable. Polygon’s performance over the last six months has certainly shown this growth rate is achievable; back in May 2021, its price rocketed from $1.0692 to $2.4544 in just over one week.
Trading Beasts isn’t quite as optimistic as Wallet Investor and Gov Capital.
But if you’re wondering ‘will Polygon hit $1’, it’s still good news - the platform expects the price of MATIC to reach a maximum price of $1.4462738 by August. Although it doesn’t believe Polygon will exceed its current ATH before the end of the year, this is still a significant increase.
Polygon Price Predictions for 2021:
|Month||Minimum Price||Maximum Price||Average Price||Change|
By December, Trading Beasts’ analysis suggests that the price of Polygon will range from $1.0354699 to $1.5227498. This is lower than the end-of-year predictions from both Wallet Investor and Gov Capital, but at over $1, it’s still a sign Polygon’s bearish trend could soon come to an end.
What Will Happen to the Price of Polygon (MATIC) in 2021?
In 2021, it seems the price of Polygon (MATIC) will increase from August onwards. All three of the short-term predictions above suggest that Polygon will reclimb to $1, with two (Wallet Investor and Gov Capital) even believing we’ll see a new ATH before the year is out.
Will the Price of Polygon (MATIC) Go Up in 2021?
The predictions suggest the price of Polygon will go up. By the end of 2021, the MATIC token could be worth a minimum of $1.0354699 and a maximum of $3.35219. Both of these are considerably higher than its current price.
Additional short-term predictions for the price of Polygon (MATIC) in 2021 include:
- Digital Coin Price: $1.29
- Ripple News: $3
- Pick a Crypto: $5-10
- Public0x: $1-3
- Coinpedia: $1.317
- Coinskid: $1.03
- Cryptoccies: $1.61
- Coin Price Forecast: $1.26
- Crypto Newsz: $2.68
Read Also: Is Polygon Worth Investing?
So, is Polygon a good investment in 2021?
The short-term Polygon price predictions suggest Polygon asset could be a safe investment in 2021. None predicts that MATIC will close 2021 at a lower price than its current value, which should be a reassuring sign to investors.
Long-term Polygon (MATIC) Price Predictions: 2022-2025
What are crypto experts forecasting for Polygon in 2022 and beyond?
Is Polygon’s growth a fad? To work out whether MATIC is a good long-term investment, let’s look ahead to some price predictions for 2022-2025. Digital Coin Price may have given one of the most optimistic forecasts for 2021, but how do its long-term predictions compare?
Due to the volatility of 2021, it can be difficult to make accurate predictions for the price of the cryptocurrency in the next six months. Let’s look ahead to 2022-2025 to see whether the long-term price predictions can shed light on Polygon’s investment potential.
According to Digital Coin Price, the Polygon asset will continue to grow over the next five years (and beyond). Although its prediction might look a little underwhelming next to the forecasts we saw from Wallet Investor and Gov Capital, the platform believes Polygon will follow a bullish trend, matching its current ATH at some point during 2024.
Digital Coin Price believes the future is bright for the price of Polygon. According to its analysis, the asset will continue to climb between 2022 and 2028 — promising news to anyone who’s wondering ‘what will Polygon be worth in 2030?’
Polygon Price Predictions for 2021-230
- 2022: $1.51
- 2023: $1.84
- 2024: $2.27
- 2025: $2.63
- 2026: $3.07
- 2027: $3.47
- 2028: $3.89
- 2029: $4.25
- 2030: $5.65
As we can see, this shows the price of Polygon will increase year-on-year. The growth rate is much more sluggish than other predictions would suggest - according to Gov Capital, for example, the price of MATIC will exceed $3 by the end of 2021, placing it three years ahead of Digital Coin Price’s forecast.
Also unlike some of the short-term predictions, Digital Coin Price doesn’t expect to see an end to the high volatility levels we saw earlier this year. The graph above suggests that from 2025 onwards, the price of Polygon will become rather unstable (though it will still follow an overall bullish trend). At some points, its price could jump and fall by around $1 in just a few weeks — a fluctuation we saw for the first time in May 2021.
Coinpedia paints a brighter picture. Its technical analysis has shown that the price of Polygon (MATIC) could hit a potential high of $3.008 in 2022, with this number almost trebling to $8.941 by 2025.
Polygon Price Predictions For 2021, 2022, and 2025:
|Year||Potential High||Potential Low|
In fact, The platform thinks the Polygon price will be $1.88 in 2021, rising to $3.08 by the end of 2022, $4.47 by the end of 2023, $6.59 by the end of 2024, and a remarkable $8.94 by the end of 2025.
Over the course of 2022 and 2025, Coinpedia clearly expects to see some volatility. The margin between its potential high and low prices is more than $2 in 2022, and more than $2.5 in 2025. Considering the asset traded at under $0.02 for almost two years after entering the market, these yearly fluctuation rates are comparatively extreme. But despite its volatility, this prediction is overall an optimistic one.
By 2022, we could see Polygon exceed its current ATH of $2.4544 and break through the $3 barrier (although this will be countered by its price slipping below $1 at some point during the year). Between 2022 and 2025, the asset’s price will rise by almost $6 to hit $8.941, more than three and a half times its record high. If you’re wondering ‘will Polygon reach $10?’, this prediction is an encouraging prospect. If the growth rate that Coinpedia expects continues, we could easily see prices of $10 and more in the run-up to 2030.
Pound Forecast, on the other hand, has a more pessimistic prediction. According to its technical analysis, the price of Polygon could slip down to an average price of around $0.33 before the end of 2021. Although it will start to reclimb in the following years, its progress will be relatively sluggish. In 2022, Pound Forecast believes Polygon will max out at $0.89, but spend the majority of the year at an average price of around $0.5. In 2023, it could reach $0.92 by the end of December, but still not break through the $1 resistance point.
Pound Forecast’s prediction for 2024-2025 is below:
Polygon Price Predictions 2024:
Polygon Price Predictions 2025:
As we can see, Pound Forecast does expect the situation to improve in the long term, but this prediction is far cry from the prices we saw from Coinpedia (and even Digital Coin Price, who believed the asset wouldn’t hit a new ATH until 2024). According to Pound Forecast’s analysis, MATIC won’t reach a new record price at any point during the next five years - unless it expects this to happen between September and December 2025.
The silver lining of this prediction is that Pound Forecast expects the price of MATIC to increase month-on-month in 2025. This could signal that the previous slump is a bearish adjustment and its value will recover, though only time will tell for sure.
As a long-term investment, Polygon's price could perform very well. According to its predictions, the value of the Polygon token could rise to $1.8 by the very end of 2021, rising to $2.50 in 2022, and achieving a mean price of $8.62 by 2025.
Check Out: 15 Reasons Why You Should Invest In Polygon
What Will Happen to the Price of Polygon (MATIC) in 2025?
According to the predictions, the price of Polygon (MATIC) could reach anything between $4.45 and $8.941 in 2025.
Pound Forecast has given the more bearish prediction, expecting MATIC to slump down to under $0.4 within the next couple of years. Coinpedia has given the most bullish prediction, believing we could see prices of almost $9 by 2025.
Coinpedia and Digital Coin Price both believe we could see relatively high levels of volatility. Pound Forecast believes we’ll see steady, month-on-month growth after the asset has hit rock bottom - but this will be incrementally small.
Will the Price of Polygon (MATIC) Go Up in 2025?
It seems probable the price of Polygon (MATIC) could go up in 2025. With the exception of Pound Forecast, all of the long-term predictions believe the asset will hit a new ATH within the next five years.
Additional long-term predictions for the price of Polygon (MATIC) for 2022, 2023, 2024, and 2025 include:
- Coinskid: $1.40
- Cryptoccies: $3.27
- Coin Price Forecast: $2.38
- Crypto Newsz: $3.4
- Trading Beasts: $1.4260632
- Wallet Investor: $5.978
- Coinskid: $2.18
- Cryptoccies: $4.93
- Coin Price Forecast: $2.67
- Trading Beasts: $1.7641141
- Wallet Investor: $8.976
- Coinskid: $2.56
- Cryptoccies: $6.60
- Coin Price Forecast: $3.31
- Trading Beasts: $2.0678246
- Wallet Investor: $12.136
- Coinskid: $3.52
- Cryptoccies: $8.26
- Coin Price Forecast: $3.36
- Crypto Newsz: $3.5
- Wallet Investor: $15.134
Conclusion: Poylgon Price Prediction Forecast
The below prediction figures outline some of the Potential high and low of Polygon price prediction forecasts in 2021, 2022, 2023, 2024 and 2025 offered by technical analysts and industry experts
Should you buy Polygon?
How Has the Price of Polygon (MATIC) Changed Over Time?
Polygon first came to the market in April 2019, under the name Matic Network. Its first few years were incredibly sluggish. With the exception of a tiny bull run in December 2019, when the price of MATIC briefly hit $0.04168, the asset didn’t exceed $0.02 until January 2021. As the cryptocurrency market began to skyrocket, Polygon got caught up in the trend - and its stagnant price became history.
2021 has been a standout year for MATIC (and the market in general). Its first major bull run occurred between 24th and 29th April, when its price rocketed from $0.3534 to $0.8909. From here, Polygon continues to gain traction, eventually hitting its current ATH of $2.4544 on 18th May. This was bad timing. The 19th May was a disastrous day for cryptocurrency, when a combination of factors caused the market to lose billions of dollars in value over the course of just 24 hours.
Polygon is yet to reclimb to the heights it achieved before the crash. But now that it’s shaken off its initially sluggish reputation, and become one of the world’s top 20 cryptocurrencies by market cap, many predictions think its future is bright. Despite the recent downward trend we have seen, it’s possible that MATIC will recover once the market as a whole has settled down.
What Factors Can Affect the Price of Polygon (MATIC)?
Like any cryptocurrency, there are many varying factors that can affect the price of Polygon (MATIC). The crash on the 19th May was caused by a boiling pot of different disasters, from the news that China had decided to ban cryptocurrency to an announcement that Tesla would no longer accept Bitcoin payments for its cars. Below, we’ve listed some of the key factors that can cause the price of MATIC to rise or fall.
The price of any asset is determined by the relationship between supply and demand. When the demand exceeds the supply, the price goes up to reflect the scarcity. When the supply is greater than the demand, the price will fall.
As we mentioned earlier in this article, there is a total supply of 10,000,000,000 MATIC tokens. (Compare this to the total supply of Bitcoin tokens, which is capped at ‘just’ 21 million). This staggering supply makes the crypto much more scalable than other offerings on the market. Considering about 50% of the total supply is yet to enter circulation, we could see the price of MATIC start to increase as the relationship between supply and demand changes.
Another factor that can hugely affect the price of cryptocurrency is the prevalence of influential investors (just look at how much control Elon Musk - who is largely credited for the rise of Dogecoin - wields over the market). Mark Cuban, the American entrepreneur and TV personality, is a particular fan of MATIC, and this celebrity endorsement has undoubtedly been beneficial for the asset.
According to Mark Cuban's website, "Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development." At a recent DeFi summit, he also claimed that Polygon is “destroying everybody else” in the world of crypto. Although Cuban reportedly owns 100 altcoins, it’s clear that Polygon has risen to the top of the pack. This could lend further legitimacy to the network, boosting its profile and encouraging more people to invest.
The Success of Ethereum
As an ERC-20 token and Ethereum-based blockchain, the success (and therefore) price of Polygon is always going to be closely tied to that of Ethereum. With the launch of Ethereum 2.0 still hotly anticipated, we could see the price of Polygon increase once the upgrade has been launched.
Ethereum 2.0 is an upgrade that will attempt to solve many of the same issues as Polygon. These include the platform’s slow transaction speed, high fees, and potentially lax security. It’s expected that the upgrade will cause interest in ETH to increase - and if that’s the case, we could see the price of MATIC follow suit.
Don't Miss: Pros and Cons of Investing in Polygon (MATIC)
Is Polygon (MATIC) a good investment?
Polygon has proven to be a very good investment so far, with the price expected to increase further in the long run. According to experts, the value of the asset looks bright, Ploygon might prove to a wise investment.
Polygon is a low-risk investment with lots of potential rewards. It’s something you should definitely do some research before you consider adding it to your list.
- Known as ‘Ethereum’s network of blockchains’, Polygon (formerly called Matic Network) is a platform that turns Ethereum into a multi-chain system.
- At the time of writing, Polygon (MATIC) has a price of $0.8871 and a market capitalization rate of $5,630,041,635.
- Polygon was launched in April 2019 but remained sluggish until January 2021.
- MATIC’s current ATH is $2.4544, which it hit on 18th May 2021.
- According to Wallet Investor, MATIC could be worth a minimum of $1.939 by the end of 2021, with the potential to hit a new ATH of $2.921.
- Gov Capital believes MATIC will close the year at an average value of $3.32 (its minimum price could be $3.28581 and its maximum price could be $3.35219).
- By December 2021, Trading Beasts’ analysis suggests that the price of Polygon will range from $1.0354699 to $1.5227498.
- Digital Coin Price believes MATIC will be worth $2.63 (a new ATH) by 2025.
- Coinpedia thinks the asset will reach a top price of $8.941 in 2025.
- Pound Forecast has given a bearish prediction of $1.46 by the end of August 2025.
- Factors that can affect the price of Polygon include its total and circulating supply, its influential investors, and the success of Ethereum.
So, is Polygon crypto a good investment?
The majority of predictions suggest this altcoin could be on its way up. After a tumultuous 2021, we could see MATIC reach a new ATH within the next few years, potentially even nearing $10 by 2030.
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Polygon (MATIC) Price Prediction FAQs
What are Polygon coins worth?
At the time of writing, the price of one Polygon coin (also called a MATIC token) is $8.8871.
Can Polygon reach $100?
Although Polygon has performed well, it doesn’t seem likely that it will reach $100 any time soon. The token could potentially hit $10 before 2030.
How do I buy Polygon crypto?
You can buy Polygon (MATIC) on the eToro platform, which provides the ability to trade with crypto assets on more than 90 different cryptocurrencies.
What will Polygons be worth in 2025?
If the predictions are correct, the price of Polygon (MATIC) could be anything between $5.46 and $15.134 in 2025.