Can Polygon Token Hit $100?

Story Highlights

  • The live price of the Polygon coin is  $ 0.53264894.
  • The MATIC price could reach a maximum of $1 in 2024.
  • Polygon price with a potential surge, may reach a high of $9.08 by 2030.

The Layer-2 altcoins have recorded a strong bullish recovery despite a volatile market, as Bitcoin struggles between $58,000 and $62,000. Amidst such conditions, the altcoin’s price trend showcases a positive reversal in motion, pushing above its important resistance levels.

With Polygon successfully reclaiming the $0.5 mark, investors are curious about whether Polygon price can rebound to $1?, and Is Polygon a good investment?

We bring CoinPedia’s Polygon Price Forecast for 2024 – 2030 to explore and answer such questions for you.

Overview

CryptocurrencyPolygon
TokenMATIC
Price $ 0.53264894 greengreen 3.16%
Market Cap $ 5,307,173,660.1215
Trading Volume $ 471,817,645.2855
Circulating Supply 9,963,736,481.4526
All-time High$2.92 Dec 27, 2021
All-time Low$0.003012 May 10, 2019
24 High $ 0.0000
24 Low $ 0.0000

MATIC Price Forecast August 2024

Amid increased price volatility, the Polygon price has jumped 24.75% in 7 days. Notably, it is trading at $0.5306 and has recorded a 24-hour trading volume of $539.351 Million.

A bullish price action could push the MATIC coin price toward its high of $0.60. However, in case of a bearish action, this altcoin could retest its crucial support level of $0.3250.

MonthPotential LowPotential AveragePotential High
August$0.3250$0.4625$0.60

MATIC Price Projection Q3 2024

If the Polygon price regains momentum, this could result in the altcoin heading toward its resistance of $0.500. Maintaining the price at that point could set the stage for MATIC crypto to test its upper level of $0.690.

On the flip side, a bearish action could pull the price toward its low of $0.50.

QuarterPotential LowPotential AveragePotential High
Q3$0.50$0.595$0.690

Polygon Price Prediction 2024

Welcoming 2024 with a modest 2.04% increase on New Year’s Eve, MATIC’s journey above $1 was short-lived, succumbing to a pullback. However, a bullish reversal could position the 21st largest cryptocurrency on a path to reclaim the $1 mark.

The price of Polygon crypto could reach a high of $1. On the flip side, this L2 altcoin may drop back to its previous low at $0.40, resulting in an average price of $0.70 throughout the year.

YearPotential LowPotential AveragePotential High
2024$0.40$0.70$1.00

MATIC Price Prediction 2025

MATIC price forecast for 2025 predicts a new all-time high formation with the large-scale adoption of Polygon 2.0.

With a potential high of $2.567, the price is set to sustain the bull run. However, a short correction may reach a potential low of $1.028, making an average of $1.843.

YearPotential LowPotential AveragePotential High
2025$1.028$1.843$2.567

Polygon Price Prediction 2026 – 2030

YearPotential Low ($)Average Price ($)Potential High ($)
2026$1.42$2.75$4.08
2027$2.45$3.944$5.438
2028$4.828$5.666$6.504
2029$6.267$6.8585$7.45
2030$7.715$8.4975$9.08

Polygon Price Action 2026

Anticipating further expansion, MATIC’s potential high for 2026 is projected to be $4.08, while the potential low is estimated at $1.42, resulting in an average price of $2.75.

MATIC Price Prediction 2027

MATIC crypto can make a potential high of $5.438 in 2027, with a potential low of $2.45, leading to an average price of $3.944.

Polygon Crypto Price Forecast 2028

As the MATIC coin price progresses, the potential high price for 2028 is projected to be $6.504, with a potential low of $4.828, resulting in an average price of $5.666.

MATIC Coin Price Projection 2029

Polygon coin price potential high for 2029 could be $7.45, while a potential low of $6.267, with an average price of $6.8585.

MATIC Price Prediction 2030

With an established position in the market, the Polygon could hit a potential high of $9.08. On the flip side, a potential low of $8.715 will result in an average price of $8.8975.

Market Analysis

Firm Name202420252030
Wallet Investor$0.824$0.582
Priceprediction.net$0.5529$0.8271$5.51
DigitalCoinPrice$0.93$1.31$3.85

CoinPedia’s MATIC Price Prediction

Coinpedia’s price targets for Polygon is extremely volatile, suggesting MATIC crypto price may reach new swing highs and possibly surpass its all-time high in 2025. 

The Polygon Price Forecast 2024 predicts a swing high of $1.00, with an average price of $0.70.

We expect the MATIC Price to reach $1.00 by the end of 2024.

YearPotential LowAverage PricePotential High
2024$0.40$0.70$1.00

Polygon Historic Price Performance

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FAQs

What price can Polygon reach by the end of 2024

MATIC price could possibly close its trade for 2024, with a pricier tag of $1.00.

Is MATIC a good investment?

Yes, it is a profitable investment, the digital asset should be under due consideration for the long term. 

How high can Polygon go by the end of 2025?

According to our MATIC price prediction, the altcoin could possibly reach a maximum of $2.567 by the end of 2025. With a potential surge, the price could go as high as $9.08 by the end of 2030.

Is Polygon better than Solana?

While it is not a direct apples-to-apples comparison, as one is a layer-2 and the other is a layer-1.

How high can MATIC go?

At its best, it can process 65,000 transactions per second.

Why Polygon is faster than Ethereum?

The major functionality of this altcoin is to enable the multichain Ethereum ecosystem. It provides a network that offers interoperability between previous and present infrastructure scenarios of Ethereum.

Can polygon hit $100?

Matic Price Prediction $100, It is possible for it to reach $100 over the next 18 years.

If I had invested $100 in Polygon in 2020, what would it be worth now?

Your investment of $100 in 2020, considering at $0.022 (high of Dec 2020), would be now worth approximately $3,554.55, with a percentage gain of 3,454.55%

MATIC
BINANCE

Source: https://coinpedia.org/price-prediction/matic-network-matic-price-prediction/