MATIC to SOL: All You Need to Know

Read on to learn how to exchange MATIC to SOL, their future price forecast, and the top 3 exchange platforms.

Polygon and Solana have established themselves in the top 20 cryptocurrencies. They’ve become reliable choices for traders, and we count their trading volumes in millions per day. You can check the MATIC to SOL calculator to learn more about each currency’s worth compared to one another.

You can also discover more about Solana and Polygon in the article below. We’ll cover the basics to remind you how the platforms work, discuss their future prices, and recommend the best exchanges for the MATIC to SOL trade.

What Is MATIC?

Polygon is a platform designed to resolve Ethereum scaling issues, with the goal of offering faster and more affordable transactions. The idea of Polygon is to convert Ethereum into a multi-chain system while using its advantages, such as openness and security.

The Plasma-POS chain is the proof-of-stake algorithm on the network. The platform can process up to 65,000 transfers per second, taking two seconds to confirm a block. MATIC is the Polygon’s native token, and it operates on Ethereum as an ERC-20 token. You can learn more about crypto by reading comparison articles, like the AVAX vs SOL details that compare Avalanche and Solana.

MATIC’s Future Price

Polygon’s current worth is about $0.65. According to experts, there’s a good chance MATIC will gain some value in 2024. The estimations put it anywhere from $0.92 to $1.43 before the year finishes. The predictions for 2025 are mostly similar, placing MATIC from $1.30 to $1.57. In 2026, the coin could gain significant value, reaching anywhere from $1.92 to $2.37.

You can see the difference in prognosis for 2028. Experts place MATIC anywhere from $2.50 to $5.36. Before the decade finishes, the coin could reach at least $8, with some placing it to break the $10 milestone.

What Is Solana?

Although the idea about Solana originated in 2017, the platform launched in 2020. The open-source project has headquarters in Switzerland, and its goal is to create a blockchain platform that supports creating decentralized apps. 

Solana uses the proof-of-history algorithm mixed with the standard POS consensus. That’s how it secures faster and more secure transactions. Solana aims to serve both enterprises and individuals. Thanks to its specifics, many consider Solana to be the main Ethereum competitor.

Solana Future Price

SOL’s current value is around $159. Most experts agree it won’t change much in 2024, but with some warning, it could drop to $129. However, you can also find those so optimistic to believe that Solana could reach $341 before the year ends.

In 2025, even the most pessimistic forecasts put SOL from $222 to $264. Depending on who you ask, the maximum is from $342 to $410. The same positive trend will continue in 2026, with Solana’s value being anywhere from $346 to $566.

As for the long-term forecast, Solana could be worth from $613 to $837 in 2028. For 2030, the forecasts are so promising that they go up to $1,850, but the most place SOL from $1,000 to $1,100.

MATIC to SOL: Where to Swap?

Solana and Polygon are available on most exchanges, which makes it harder to find the one that offers the best terms. Here are our favorites:

  1. Godex. If you are looking for anonymity and free trading, Godex is a synonym for that. It doesn’t require signing up and guarantees transfers without restrictions. You can freely trade any sum and execute any number of transfers while enjoying locked rates. Those guarantee the promised rate even when the network takes a few minutes to complete the transaction. 
  2. SimpleSwap. While SimpleSwap doesn’t require registration, those who sign up can enjoy certain benefits. As for trading, the basic features include choosing between locked and floating rates, and support for hundreds of different cryptos. You can purchase crypto with fiat, and if anything goes wrong, the support works 24/7.
  3. LetsExchange. The platform supports cross-chain swaps and offers competitive rates. You can trade over 4,700 currencies, which means LetsExchange has one of the largest crypto selections available. You can choose between market and fixed rates for each trade.

Ready for a Swap

Now that you have all the information necessary, you can proceed with the trade. We advise you to check rates at different exchanges. Once you find the best one, we suggest locking it to get the expected number of SOL coins for your MATIC assets. In a matter of minutes, Solana coins should be in your wallet. From there, it’s up to you to decide how long you’ll keep them and what your next trading move will be.

 

Source: https://bravenewcoin.com/insights/matic-to-sol-all-you-need-to-know