Polygon Price Predictions: How Much Will MATIC be Worth in 2021 and Beyond?
what’s next for the price of Polygon (MATIC)?
Will Polygon go up or crash? Read our Polygon (MATIC) price predictions for 2021–2025.
Is Polygon crypto a good investment? If you’re 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 top 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.
Known as ‘Ethereum’s network of blockchains’, Polygon (formerly called the ‘Matic Network’) is a platform that turns Ethereum (ETH) into a multi-chain system. At the time of writing, Polygon (MATIC) has a price of $1.55 and a market cap of $10.44B. This makes it the world’s 21st-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 and reached its all-time high of $2.68 on the 18th of May 2021, what’s next for the price of MATIC? Is Polygon a good investment?
According to recent long-term forecasts, the price of Polygon will hit the $2 level by the end of 2021, $3.40 by the end of 2022 and $4.44 by the end of 2025. Polygon could rise to $17.24 in 2027 and up to $58.44 in 2030.
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.
- What Is Polygon (MATIC) And How Does It Work?
- Short-term Polygon (MATIC) Price Predictions: 2021
- What Will Happen To The Price Of Polygon (MATIC) In 2021?
- Long-term Polygon (MATIC) Price Predictions: 2022-2025
- What Will Happen To The Price Of Polygon (MATIC) In 2025?
- Trading Education Polygon Price Predictions
- Conclusion: Polygon Price Prediction Forecast
- How Has The Price Of Polygon (MATIC) Changed Over Time?
- What Factors Can Affect The Price Of Polygon (MATIC)?
- Is Polygon (MATIC) A Good Investment?
- Key Points
- eToro – The Best Platform To Buy Polygon
- How To Buy Polygon With eToro?
If you want to buy Polygon MATIC quickly and easily, with 0% Commission, check out eToro Exchange!
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 decentralised 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 6,720,693,343 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?
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 eight months have seen Polygon reach new heights. Its current ATH is $2.68, which it hit on 18th May 2021. Although it’s since dropped down to $1.46, it’s still far higher than its pre-bull run prices. But what could be next for the last few months of 2021?
By the end of 2021, Polygon MATIC could be worth the following prices according to WalletInvestor:
- Minimum: $1.385
- Average: $1.863
- Maximum: $2.317
Considering Polygon has just experienced a period of extreme volatility, this prediction is a welcome sign. WalletInvestor believes the price of MATIC will increase steadily over the next year, increasing almost linearly for the last few months of 2021. However, WalletInvestor doesn’t believe that a new ATH will be reached yet.
For the most part, Gov Capital agrees with WalletInvestor’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 $1.871 (its minimum price could be $1.59035, and its maximum price could be $2.15165). Again, Gov Capital does not believe a new ATH can be reached by the end of 2021, though their predictions are higher than Polygon’s current price.
Although Gov Capital believes that the price of MATIC could drop at the end of 2022, the outlook for the next year also looks bright indicating that what we could be looking at now is the emergence of a very bullish upwards trend. 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’ price forecast is mostly in line with WalletInvestor’s and if you’re wondering ‘will Polygon hit $2?’ It’s good news. The platform expects the price of MATIC to reach a maximum price of $2.30526 by the end of December 2021 — very close to the maximum predicted by WalletInvestor. Although it also 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 2021, Trading Beasts’ analysis suggests that the price of Polygon will range from a minimum of $1.56757 to $2.30526.
And interestingly, the lowest price Trading Beasts has predicted for the end of 2021 is higher than the lowest price suggested by WalletInvestor of $1.385, but slightly lower than the lowest price suggested by Gov Capital of $1.59035.
However, all three price forecasters believe that Polygon will likely have an average price between $1.84 and $1.87.
What Will Happen to the Price of Polygon (MATIC) in 2021?
The price of Polygon (MATIC) will likely increase towards the end of 2021. Short-term price predictions have suggested that Polygon could reclimb to $2, though it is rather unlikely that MATIC will retest its current ATH of $2.68. Most likely, we could see an average price between $1.84 and $1.87.
Will the Price of Polygon (MATIC) Go Up in 2021?
Price prediction forecasters suggest that the price of Polygon will go up in the last few months of 2021. By the end of 2021, the MATIC token could be worth a minimum of $1.385 and a maximum of $2.317. The minimum is not too far off MATIC’s current price.
Additional short-term predictions for the price of Polygon (MATIC) in 2021 include:
- DigitalCoin: $2.33
- The Economy Forecast Agency: $2.02
- Coinskid: $1.76
- Coin Price Forecast: $1.99
- Cryptocurrency Price Prediction: $2.91
- Price Prediction: $1.68
- Coinpedia: $2.92
- CryptoNewsZ: $3
Read Also: Is Polygon Worth Investing?
So, is Polygon a good investment in 2021?
Short-term Polygon price predictions suggest that Polygon could be a safe investment in 2021. No one 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 price predictions for 2022-2025. Trading Beasts 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 future price of Polygon. Nevertheless, 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 DigitalCoin, Polygon will continue to grow over the next five years (and beyond). Although its predictions might look a little underwhelming, the platform believes Polygon will follow a bullish trend, beating its current ATH at some point during 2023.
DigitalCoin 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 2021-2028
- 2022: $2.56
- 2023: $3.10
- 2024: $3.84
- 2025: $4.44
- 2026: $5.19
- 2027: $5.86
- 2028: $6.57
To summarise, the price of Polygon will increase year-on-year gradually to reach $2.56 in 2022, $4.44 by 2025 and then rally up to $6.57 by 2028 with little volatility expected in between or any significant price decreases.
Coinpedia paints a brighter picture. Its technical analysis has shown that the price of Polygon (MATIC) could hit a potential high of $10 in 2022, with this number increasing ten-fold to $100 by 2025.
Polygon Price Predictions For 2021, 2022, and 2025:
|Year||Potential High||Potential Low|
With the wide range in prices suggested for 2022 and 2025, Coinpedia appears to expect to see some volatility. The margin between its potential high and low prices is more than $9 in 2022 and more than $90 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.
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 higher earlier than we thought.
Elsewhere, The Economy Forecast Agency is a lot more grounded in its Polygon price predictions for the run-up to 2025. Though it seems to believe that MATIC will surpass its current ATH at some point in late 2022, its forecasts do not suggest a price beyond $5 is possible in the next few years. For 2022 and 2025, The Economy Forecast Agency has predicted the following prices:
Polygon Price Prediction Forecasts 2022:
Polygon Price Prediction Forecasts 2025:
Arguably, these predictions are a lot more realistic than those offered by Coinpedia, but it can also be suggested that they are too cautious, practically ruling out the possibility of any volatility over the next four years which is unlikely.
To summarise, The Economy Forecast Agency believes Polygon (MATIC) will hit the following highs and lows between 2022 and 2025:
- 2022: potential high = $3.06, potential low = $1.26
- 2023: potential high = $3.55, potential low = $1.88
- 2024: potential high = $4.19, potential low = $2.11
- 2025: potential high = $4.28, potential low = $1.73
We’ll now compare this price forecast with that of Cryptocurrency Price Prediction — one of the most bullish price forecasters around. And, of course, it’s no surprise that their expectations are much, much higher. Here’s what they expect for 2022 and 2025:
Polygon (MATIC) 2022 price predictions
Month & Year
MATIC Price Prediction
Polygon (MATIC) 2025 price predictions
Month & Year
MATIC Price Prediction
Cryptocurrency Price Prediction has estimated that by 2022, Polygon will be worth $5.67, it will then rise to $5.77 in June 2023, and by December 2025 it will max out at $20.74. Further afield, by 2030, they have also predicted that Polygon could reach its highest price ever of $58.44.
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 $1.73 and $20.74 in 2025. While price forecasters vary considerably in what they believe Polygon could achieve over the next four years, the outlook is largely positive with prices likely to rise indefinitely.
Will the Price of Polygon (MATIC) Go Up in 2025?
The price of Polygon (MATIC) could go up in 2025 and may even surpass $20 per coin. No price forecasters have suggested that the price of Polygon could go down by or before 2025. Most realistically, MATIC is likely valued at around $4 by 2025 at the highest.
Additional long-term predictions for the price of Polygon (MATIC) for 2022, 2023, 2024, and 2025 include:
Polygon (MATIC) 2022 Price Predictions
- Coinskid: $1.91
- Price Prediction: $2.61
- Coin Price Forecast: $2.43
- CryptoNewsZ: $3.40
- Trading Beasts: $2.35484
- WalletInvestor: $4.067
Polygon (MATIC) 2023 Price Predictions
- Coinskid: $3.09
- Price Prediction: $3.95
- Coin Price Forecast: $3.52
- CryptoNewsZ: between $1.90 and $3.50
- Trading Beasts: $2.11517
- WalletInvestor: $5.854
Polygon (MATIC) 2024 Price Predictions
- Coinskid: $3.80
- Price Prediction: $5.58
- Coin Price Forecast: $4.29
- CryptoNewsZ: between $1.90 and $3.50
- Trading Beasts: $2.36922
- WalletInvestor: $7.727
Polygon (MATIC) 2025 Price Predictions
- Coinskid: $7.34
- Price Prediction: $8.95
- Coin Price Forecast: $4.76
- CryptoNewsZ: between $1.90 and $3.50
- WalletInvestor: $9.691
Trading Education Polygon Price Predictions
From looking at all the Polygon price predictions above, it becomes clear that there is a great disparity between the bulls and the bears over what could happen over the next few years.
We have price forecasters who are monumentally bullish on Polygon’s prospects and others who are more cautiously optimistic. When we bring them together, we can get a clear picture of what might be heading our way in the run-up to 2025 and beyond.
So, after rounding up all the price predictions so far, here’s what could happen in 2021, 2022, 2023, 2024, 2025, 2027, and 2030 based on their predictions.
Polygon Price Prediction 2021
Based on the Polygon price predictions for 2021, $2 might be achievable but a new ATH is likely not possible — instead, we will likely see a price between $1.50 and $1.80. The most optimistic Polygon price predictions for 2021 tell us that a price between $2.91 and $3 could also be within reach by the end of the year while the lowest suggest a price around $1.30.
Polygon Price Prediction 2022
The top Polygon price predictions for 2022 cluster around $2.35, $2.43, and $2.61 while more confident price predictions for Polygon 2022 believe that $3.40, $5.67, or even $10 could be achievable. $1.26 is the lowest Polygon price prediction for 2022.
Polygon Price Prediction 2023
A grand price of up to $3.95 could be achieved according to expert Polygon price predictions for 2023 while other forecasters have convened around a slightly lower price of $3.50. Interestingly, the top bullish price predictions for Polygon in 2023 suggest prices between $5.85 and $5.77.
Polygon Price Prediction 2024
By 2024, Polygon price predictions are at their most sporadic so far with the lowest suggested price at $1.90 and the highest at $7.72. Between the highest and lowest MATIC price predictions for 2024, $2.36, $3.80, $4.29, and $5.58 have all been suggested, making it difficult to assume where prices could go.
Polygon Price Prediction 2025
The best possible price for Polygon in 2025 according to price predictions is $20.74, however, most forecasters coalesce around $4 to $4.44, which could be more realistic. $100 has also been suggested by very bullish 2025 Polygon price predictions, but for this to happen, we would likely need a major bull run.
Polygon Price Prediction 2027
In 2027, Polygon price predictions tell us that an average price between $4.59 and $6.64 could be achievable, while more bullish projections suggest a price up to $17.24.
Polygon Price Prediction 2030
Polygon price predictions for 2030 indicate that a record price between $50.96 and $58.44 could be achieved, but not all price forecasters are convinced with others suggesting $5.46 is more likely — an almost ten-fold difference.
Conclusion: Polygon 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 in comparison to its current prices, but at the time, it was viewed as highly volatile despite its low prices. In December 2019, the price of MATIC briefly hit $0.04168, but it wouldn’t retest this level again until late January 2021. As the cryptocurrency market began to skyrocket, Polygon got caught up in the trend and its price saw gargantuan levels as we can see in the graph below from CoinMarketCap.
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 there, Polygon continued to gain traction, eventually hitting its current ATH of $2.68 on the 18th of May.
But this was bad timing. The 19th of May was a disastrous day for the cryptocurrency market when a combination of factors caused the market to lose billions of dollars in value over just 24 hours.
Since the crash, Polygon has made significant efforts to reclimb to the humungous prices it achieved in May 2021. After sliding down to $0.6241 in July, MATIC quickly began to pick itself back up again to $1.69 in August and $1.77 in September, typically ranging from lows of slightly above $1 to $1.50.
The rise it has so far achieved in 2021 has seen Polygon rise from a relatively unknown cryptocurrency to one of the top 30 by market cap and one of the top earners of the year. With prices significantly higher than they were at the start of the year, more price spikes could be on their way.
What Factors Can Affect the Price of Polygon (MATIC)?
Like any cryptocurrency, many varying factors can affect the price of Polygon (MATIC). The crash on the 19th of 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 (BTC) payments for its cars. Below, we’ve listed some of the key factors that can cause the price of MATIC to rise or fall.
1. Total Supply
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 others on the market. Considering about 33% 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.
2. Influential Investors
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 (DOGE) — wields over the market). Billionaire Mark Cuban is a particular fan of MATIC, and this celebrity endorsement has undoubtedly been beneficial for the asset.
Cuban’s website proclaims “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.
3. The Success of Ethereum
As an ERC-20 token and based on the Ethereum blockchain, the success (and therefore) price of Polygon is always going to be closely tied to that of ETH. With the completion of Ethereum 2.0 still hotly anticipated, we could see the price of Polygon increase once finished.
Ethereum 2.0 is a series of upgrades that will attempt to solve many of the same issues that Polygon currently navigates on the Ethereum blockchain. 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 of MATIC expected to increase further in the long run according to experts. Investing in Polygon could be highly rewarding; however, it is something you should research before you consider adding it to your investment portfolio.
If you remember anything from Polygon Price Predictions: How Much Will MATIC Be Worth In 2021 And Beyond? Make it these key points.
- 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 $1.46 and a market cap of $9,790,642,259.
- Polygon was launched in April 2019,but prices remained low until January 2021.
- MATIC’s current ATH is $2.68, which it hit on the 18th of May 2021.
- According to WalletInvestor, MATIC could be worth a minimum of $1.385 by the end of 2021, with the potential to hit a high of $2.317.
- Gov Capital believes MATIC will close the year at an average value of $1.871 (its minimum price could be $1.59035, and its maximum price could be $2.15165).
- By December 2021, Trading Beasts’ analysis suggests that the price of Polygon will range from $1.56757 to $2.30526.
- DigitalCoin believes MATIC will be worth $4.44 (a new ATH) by 2025.
- Cryptocurrency Price Prediction thinks the asset will reach a top price of $20.74 by 2025.
- Coinpedia has given the highest price prediction for Polygon in 2025 of $100
- 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 surpassing $50 by 2030.
If you believe that now is the time to start trading MATIC, you may be interested to know that the multi-asset trading broker eToro provides the ability to trade with crypto assets (including Polygon) and CFDs on up to 90+ cryptocurrencies.
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Step 1. Cruise on over to eToro’s website, click ‘Join Now’, and fill out the registration form. Note that you’ll need to upload proof of address and ID — this is to prevent fraud and to comply with anti-money laundering laws.
Step 2. Make your first-time deposit which will either be $50 or $200 depending on your location. However, there are several countries where the first-time deposit is significantly higher, so please check before signing up.
Step 3. Now that your account has been activated, on the eToro platform, head over to ‘Trade Markets’ → ‘Crypto’ → ‘Matic Polygon’ and choose your terms.
And that’s it! You’re now invested in Polygon!