MATIC (Polygon) Price Prediction 2024 up to 2031: Will MATIC Reach $5 Soon?

MATIC (Polygon) Price Prediction : Will MATIC Reach $10 Soon?
  • Polygon’s price may reach $5.02, with a minimum price of $4.46 and an average price of $4.68 in 2026.
  •  By 2024, the price of Polygon is projected to rise to $2.73.
  •  Polygon’s price is expected to further increase to $3.90 by 2025.

Polygon (MATIC) Overview

CryptocurrencyPolygon (MATIC)
TokenMATIC
Price$ 0.744917 8.50%
Market Capitalization$ 6,910,041,198
Total Supply10,000,000,000
Trading Volume$ 419,123,153
All-Time High$2.92 
All-Time Low$0.00314376

Important: This Polygon (MATIC) price prediction 2023 up to 2031 is purely based on the writer’s knowledge in technical analysis alone. Price analysis articles of other platforms may use different technical analysis signals and indicators that may influence their Polygon (MATIC) price forecast outcome differently. Hence, we strongly suggest to do your own research before buying Polygon (MATIC).

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Polygon is a scaling solution that aims to simplify and streamline the operation of blockchain networks, resulting in improved speed, reduced time, and lower costs. It addresses the congestion and traffic issues of Ethereum’s decentralized application system that has rendered it virtually unusable.

Polygon has already gained significant traction, with 130 million users, 3.4 billion transactions, and 20,000 applications developed on its platform. This guide will delve into Polygon’s workings and features, provide price predictions based on technical and fundamental analysis, and evaluate its investment potential.

What is Polygon (MATIC)?

Polygon is a layer-2 network that aims to alleviate congestion and high costs associated with Ethereum’s decentralized application systems. It operates simultaneously with Ethereum’s blockchain and simplifies its complex structure through a number of networks. Polygon solves and prevents blockages caused by data traffic on the Ethereum blockchain while also providing improved security. Transactions on the Polygon network are conducted using the MATIC digital coin, the unit of payment between participants.

Polygon (MATIC) Price Prediction 2024, 2025 up to 2031

At present, Polygon has a value of $ 0.744917, with MATIC experiencing a 8.50% in the past 24 hours, and a trading volume of $ 419,123,153. It ranks 21 among all cryptocurrencies, with a market capitalization of $ 6,910,041,198.

By analyzing the relative strength index (RSI), Arnaud Legoux Moving Average (ALMA), and moving average convergence divergence (MACD) charts, we can identify price patterns for Polygon (MATIC) that will help determine if it will experience a bullish or bearish year.

YearMinimum PriceAverage PriceMaximum Price
2024$2.23$2.45$2.79
2025$3.35$3.57$3.90
2026$4.46$4.68$5.02
2027$5.58$5.80$6.13
2028$6.69$6.91$7.25
2029$7.81$8.03$8.36
2030$8.92$9.14$9.48
2031$10.04$10.48$10.93

Polygon (MATIC) Price Prediction 2024:

MonthMinimum PriceAverage PriceMaximum Price
Jan 2024$2.31$2.40$2.82
Feb 2024$2.33$2.76$2.82
Mar 2024$2.31$2.58$2.69
Apr 2024$2.33$2.39$2.49
May 2024$2.33$2.45$2.47
Jun 2024$2.33$2.77$2.80
Jul 2024$2.34$2.44$2.80
Aug 2024$2.34$2.43$2.56
Sep 2024$2.34$2.41$2.57
Oct 2024$2.33$2.37$2.43
Nov 2024$2.30$2.33$2.58
Dec 2024$2.33$2.39$2.43

The potential announcements of numerous new partnerships and initiatives may lead to Polygon surpassing $2.79 in 2024. However, we should wait to see if the relative strength index comes out of the oversold zone before placing any bullish bets.

Polygon (MATIC) Price Prediction 2025:

MonthMinimum PriceAverage PriceMaximum Price
Jan 2025$3.20$3.41$3.47
Feb 2025$3.18$3.41$3.95
Mar 2025$3.17$3.29$3.46
Apr 2025$3.17$3.60$3.75
May 2025$3.21$3.62$3.97
Jun 2025$3.19$3.69$3.80
Jul 2025$3.17$3.36$3.61
Aug 2025$3.18$3.74$3.94
Sep 2025$3.20$3.37$3.50
Oct 2025$3.19$3.23$3.78
Nov 2025$3.21$3.45$3.53
Dec 2025$3.17$3.20$3.70

If the upward trend continues until 2025, Polygon may reach $3.90, and it may trade at an average price of $3.57 with a low of $3.17.

Polygon (MATIC) Price Prediction 2026:

MATIC coin price could remain stable for the next five years if Polygon successfully boosts market sentiment among cryptocurrency enthusiasts. The virtual currency may reach $5.02, with a minimum price of $4.46 and an average price of $4.68 in 2026.

Polygon (MATIC) Price Prediction 2027:

MATIC price is expected to cross an average price level of $5.80 by 2027, with a minimum price of $5.58 expected before the end of the year. Additionally, the maximum price value of MATIC is projected to be $6.13.

Polygon (MATIC) Price Prediction 2028

Based on expected partnerships in 2028, a bullish trend is expected to continue, bringing the average price to around $6.76, with a maximum price of $7.09 if MATIC breaks through resistance levels. Failing to gather sufficient support by 2028 could result in a low of $6.54.

Polygon (MATIC) Price Prediction 2029

With a focus on interoperability between networks to enhance interaction, the bullish trend from the previous year is expected to continue, with a minimum trade price of $7.63 and a yearly price close above $8.18 in 2029.

Polygon (MATIC) Price Prediction 2030

By 2030, Polygon is predicted to surpass its previous ATH values and achieve new price levels, with a minimum price of $8.72 and a maximum of $9.27, averaging at $8.94.

Polygon (MATIC) Price Prediction 2031

Cryptocurrency is highly volatile, and price forecasting is a difficult task. However, cryptocurrency adoption is expected to have grown in many sectors by 2031. As such, a maximum MATIC price of $10.68 is projected during a bull run, with an average price level of $10.25. All predictions should be taken with a grain of salt and investors are advised to do their own research.

Conclusion

Polygon (MATIC) is a unique and valuable cryptocurrency to invest in due to its exceptional ability to withstand market volatility. The platform has been attracting major brands such as Adobe, Prada, and Adidas because of its superior model, leading to the development of over 7,000 decentralized apps. While other cryptocurrencies lay off their services and staff, Polygon is on a hiring spree. It has a market capitalization of over 7.6 billion with the potential to grow even more. 

FAQ

What is the Polygon (MATIC) price today?

The current Polygon (MATIC) price is at $ 0.744917 8.50% with a market cap of $ 6,910,041,198.

Is Polygon a good investment?

With Polygon’s popularity in the cryptocurrency market, investing in MATIC could be a wise choice.

How high can Polygon go?

Polygon’s average price may reach up to $1.53 this year, and is projected to surpass $7.09 in the next 5 years.

How much will Polygon be worth in 5 years?

Investing in MATIC could result in a long-term price rise to $7.09 within the next 5 years.

How much will Polygon be worth in 10 years?

A long-term increase in Polygon’s price could possibly reach $13.85 within the next 10 years.

What will the Polygon price be in 2024?

Polygon’s price is predicted to reach $2.73 by 2024.

What will the Polygon price be in 2025?

Polygon’s price is expected to reach $3.82 by 2025.

What will the Polygon price be in 2026?

According to our predictions, Polygon (MATIC) price is expected to reach $4.91 by 2026.

What will the Polygon price be in 2027?

Our analysis suggests that Polygon (MATIC) price is expected to reach $6.00 by 2027.

What will the Polygon price be in 2028?

Looking ahead, Polygon (MATIC) price is expected to reach $7.09 by 2028, driven by potential future partnerships and initiatives.

What will the Polygon price be in 2029?

By 2029, Polygon (MATIC) price is expected to reach $8.18, as it continues to strive towards interoperability between networks to hasten interaction.

What will the Polygon price be in 2030?

Our forecasts indicate that by 2030, Polygon (MATIC) price could potentially reach $9.27, with the cryptocurrency market gaining adoption across many sectors

What will the Polygon price be in 2031?

In 2031, we expect that Polygon (MATIC) price could potentially reach $10.68 during a bull run, averaging $10.25. However, it’s important to remember that price forecasting is difficult and that all predictions should be taken with caution.

Disclaimer: The technical analysis expressed in this article does not necessarily reflect the views of CryptoNewsLand (CNL). Readers of this article should not take this as financial advice. CNL strongly recommends that all users do their own in-depth research before investing in cryptocurrency

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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