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POL (ex-MATIC) price prediction for 2024 and beyond: Is Polygon Crypto a good investment?

Highlights
In September 2024, Polygon underwent a significant upgrade, and transitioned from MATIC to POL POL (ex-MATIC) has become one of the top Ethereum Layer-2 solutions, resolving scalability issues and reducing fees. Price predictions for POL (ex-MATIC) in 2024 suggest it could reach $0.45 by December, influenced by developments in the Crypto market. Long-term forecasts see Polygon POL (ex-MATIC) potentially hitting $2.10 by 2026, driven by further upgrades and adoption. POL (ex-MATIC) remains a strong choice for investors, with 2050 projections as high as $6.

Polygon POL (ex-MATIC) has become extremely popular as one of the leading Layer-2 scaling solutions for Ethereum, addressing key issues like high gas fees and network congestion.

Launched as a solution to enhance Ethereum’s scalability, Polygon quickly attracted both developers and investors due to its innovative architecture and utility.

This article will cover everything from POL (ex-MATIC)’s price history to detailed predictions for 2024 and beyond. This article will explore expert forecasts, factors that influence POL (ex-MATIC)’s value, and whether Polygon is a good investment.

Polygon POL (ex-MATIC) price prediction 2024

Polygon’s price in 2024 is expected to be shaped by various factors. While Layer-2 solutions like Polygon continue to gain traction, several key events could impact price movements throughout the year.

Key factors influencing Polygon price prediction in 2024

Impact of approved spot Bitcoin ETFs

The approval of spot Bitcoin ETFs by the SEC in early 2024 has set the stage for a significant inflow of institutional capital into the Cryptocurrency markets. ETFs make it easier for traditional investors to gain exposure to Bitcoin.

This could have a cascading effect on Polygon POL (ex-MATIC), as institutional interest in blockchain solutions like Layer-2 platforms grows alongside Bitcoin’s broader adoption​.

U.S. presidential elections

The upcoming U.S. presidential elections in late 2024 will play a critical role in shaping regulatory policy for the Crypto industry. The stance of the elected administration on Cryptocurrencies will heavily influence market sentiment. A more Crypto-friendly administration could lead to clearer guidelines and wider adoption, potentially boosting the price of Polygon.

Polygon 2.0 and Ethereum upgrades

In September 2024, Polygon underwent a significant upgrade, and transitioned from POL (ex-MATIC) to POL as part of its Polygon 2.0 overhaul. This upgrade aims to enhance scalability, security, and cross-chain functionality.

Additionally, Ethereum’s continued upgrades, including EIP-4844 (implemented in March 2024), are set to improve data availability, making Layer-2 solutions like Polygon even more crucial for scaling Ethereum. Together these improvements could further increase the utility of the Polygon network and drive POL (ex-MATIC) price upward.

Price prediction table:

MonthMinimum PriceAverage PriceMaximum Price
September$0.28$0.30$0.33
October$0.32$0.35$0.38
November$0.35$0.38$0.42
December$0.38$0.40$0.45

Polygon POL (ex-MATIC) price prediction 2025

In 2025, POL (ex-MATIC) is expected to continue its upward trajectory as a key Layer-2 solution for Ethereum. With the ongoing adoption of decentralized applications and increasing demand for DeFi services, POL (ex-MATIC) could see steady price growth.

According to the price prediction, POL (ex-MATIC)’s average trading price may range between $1.28 and $1.55 by December 2025, with further potential to increase​. The performance of the Crypto market as a whole, as well as key technological advancements, will play a significant role in shaping POL (ex-MATIC)’s prices throughout the year.

Price prediction table:

MonthMinimum PriceAverage PriceMaximum Price
January$0.92$1.12$1.28
February$0.95$1.15$1.32
March$0.98$1.20$1.35
April$0.98$1.21$1.35
May$0.99$1.23$1.37
June$1.00$1.25$1.40
July$1.02$1.27$1.42
August$1.03$1.30$1.44
September$1.05$1.33$1.47
October$1.07$1.36$1.50
November$1.08$1.38$1.53
December$1.10$1.40$1.55

Polygon POL (ex-MATIC) price prediction 2026

By 2026, Polygon POL (ex-MATIC) is expected to solidify its position as one of the most reliable Layer-2 solutions for Ethereum. POL (ex-MATIC) may see increased adoption across enterprise and decentralized platforms. According to predictions, POL (ex-MATIC) price could surpass the benchmark of $2 by October 2026.

The growing integration of blockchain solutions into industries like finance, supply chain, and entertainment will likely support this steady rise. This could position Polygon for continued success in the broader Crypto ecosystem.

Price prediction table:

MonthMinimum PriceAverage PriceMaximum Price
January$1.15$1.45$1.65
February$1.17$1.48$1.70
March$1.20$1.52$1.75
April$1.22$1.55$1.78
May$1.24$1.58$1.82
June$1.27$1.61$1.86
July$1.29$1.64$1.89
August$1.32$1.68$1.93
September$1.35$1.72$1.98
October$1.37$1.75$2.02
November$1.40$1.79$2.06
December$1.42$1.82$2.10

Polygon POL (ex-MATIC) price prediction 2027

In 2027, Polygon POL (ex-MATIC) could become a more mature and expansive ecosystem. With greater integration into diverse industries, Polygon’s influence in the Crypto market may reach new heights.

The ability to process high volumes of transactions efficiently could make POL (ex-MATIC) a go-to solution for both developers and enterprises. Polygon price forecast for 2027 indicates that POL (ex-MATIC) could range between $2.15 and $2.70. This year may mark a turning point for Polygon as it becomes an indispensable tool for large-scale blockchain applications.

Price prediction table:

MonthMinimum PriceAverage PriceMaximum Price
January$1.45$1.85$2.15
February$1.47$1.88$2.20
March$1.50$1.92$2.25
April$1.53$1.96$2.30
May$1.56$2.00$2.35
June$1.59$2.04$2.40
July$1.62$2.08$2.45
August$1.65$2.12$2.50
September$1.68$2.16$2.55
October$1.71$2.20$2.60
November$1.74$2.24$2.65
December$1.77$2.28$2.70

Polygon POL (ex-MATIC) price prediction 2028

As the blockchain landscape continues to evolve, Polygon POL (ex-MATIC) is expected to benefit from the widespread adoption of decentralized technologies by 2028. With enterprises and institutions increasingly leveraging Polygon for its scalability and low transaction fees, POL (ex-MATIC) could play a key role in powering next-generation decentralized platforms.

Predictions for July 2028 suggest that POL (ex-MATIC) may reach a price of $3.05, driven by the growing demand for efficient Layer-2 solutions​. Despite potential market volatility and regulatory changes, Polygon’s focus on innovation and cross-chain interoperability could solidify its place as a leading blockchain infrastructure provider.

Price prediction table:

MonthMinimum PriceAverage PriceMaximum Price
January$1.80$2.32$2.75
February$1.83$2.36$2.80
March$1.86$2.40$2.85
April$1.89$2.44$2.90
May$1.92$2.48$2.95
June$1.95$2.52$3.00
July$1.98$2.56$3.05
August$2.01$2.60$3.10
September$2.04$2.64$3.15
October$2.07$2.68$3.20
November$2.10$2.72$3.25
December$2.13$2.76$3.30

Long-term Polygon POL (ex-MATIC) price prediction to 2030 – 2050

Polygon’s ongoing innovations and real-world use cases provide a strong base for potential value growth over the next several decades. Although long-term forecasts are very approximate, POL (ex-MATIC) has the potential to reach a maximum level of $5-$6.

Predictions for the upcoming decades will depend heavily on new technological advancements and market trends.

Price prediction table:

YearMinimum PriceAverage PriceMaximum Price
2029$1.50$1.70$1.95
2030$1.55$1.75$2.00
2040$2.50$3.00$3.50
2050$4.00$5.00$6.00

What Crypto experts predict for POL (ex-MATIC)’s price

Several experts have weighed in on the future potential of Polygon, offering a wide range of POL (ex-MATIC) price predictions based on different factors like market trends, institutional adoption, and network developments.

DigitalCoinPrice anticipates a steady rise to $3

DigitalCoinPrice predicts that the price of POL (ex-MATIC) will likely reach an average price of $3 by 2030, largely due to its growing role as a Layer-2 solution for Ethereum. With the continuous expansion of DeFi and decentralized applications (dApps), Polygon’s demand is expected to increase significantly​.

CoinPriceForecast sees long-term growth for POL (ex-MATIC)

According to CoinPriceForecast, price of POL (ex-MATIC) may hit $5 by 2040. This slower, more measured growth is linked to the steady evolution of Crypto and Polygon’s increasing integration into major blockchain projects​.

Changelly foresees a $10 milestone for POL (ex-MATIC)

Changelly is highly optimistic with its Polygon prediction. They forecast that POL (ex-MATIC) could exceed $10 by 2050, thanks to growing institutional investments and technological advancements such as Polygon 2.0. The platform emphasizes that Polygon’s consistent innovation will continue to fuel its price growth.

CryptoNewsZ envisions sustained growth for POL (ex-MATIC)

CryptoNewsZ expect Polygon to reach $7.50 by 2050, citing the token’s increasing utility in various sectors, including NFTs and decentralized applications. As corporate giants like Nike and Starbucks adopt Polygon’s technology, POL (ex-MATIC)’s long-term growth potential appears strong.

WalletInvestor offers a conservative outlook

WalletInvestor offers a more cautious forecast, predicting POL (ex-MATIC) will be around $2 by 2025. Despite this modest figure, the platform expects long-term growth for POL (ex-MATIC) as blockchain adoption increases​.

Crypto Bulls Club predicts significant upside potential

Crypto Bulls Club projects that POL (ex-MATIC) could rise to $3.38 by 2025, with a potential to exceed $5 by 2026. This growth is attributed to increased interest in Web3 and strategic partnerships that are expected to bolster Polygon’s price​.

Cryptoticker believes in Polygon’s mass adoption

Cryptoticker takes an ambitious stance, suggesting that POL (ex-MATIC) could potentially hit $30 by 2030, but realistically predicts that the future price may be closer to $5. Despite a large difference between the minimum and maximum prices of their predictions, this forecasts rely on mass adoption of Polygon’s blockchain solutions​.

What factors affect POL (ex-MATIC) price?

Several key factors play a significant role in the price of Polygon, from market conditions to technological advancements. Understanding these drivers can help investors and traders make informed investment decisions.

  • Market sentiment

The overall feeling in the Cryptocurrency market, known as sentiment, can greatly affect Polygon’s price. When investors are confident and optimistic, they tend to buy more Cryptocurrencies, driving the prices up.

During a bull market, POL (ex-MATIC) often benefits as people look for reliable projects like Polygon. On the flip side, when the market is uncertain or in a bear market, even strong projects like Polygon can see their prices fall as investors avoid risky assets.

  • Adoption of Layer-2 solutions

The demand for Layer-2 solutions like Polygon is increasing as the Ethereum network struggles with high fees and congestion. Since Polygon helps solve these problems, more developers and businesses are using it to build decentralized apps.

As more people use Polygon’s network, the demand for POL (ex-MATIC) increases, which can push the price higher​. As the Crypto market grows, solutions like Polygon will become even more important.

  • Regulatory changes

Regulatory changes can have a big impact on the price of Polygon. When governments introduce Crypto-friendly regulations, it can attract large corporations and increase adoption, driving the price up.

On the other hand, restrictive policies, such as new taxes or strict rules on Cryptocurrency transactions, can create uncertainty and cause prices to drop. Investors should keep an eye on regulations in key markets, as these changes can affect Polygon’s value​.

  • Technological upgrades

Ongoing technological upgrades are essential for the future of Polygon. With improvements like Polygon 2.0, the network becomes faster, more secure, and easier to use across different blockchain platforms.

These upgrades can attract more developers and businesses to the network, increasing POL (ex-MATIC)’s value as more people adopt it. The more useful and efficient the network becomes, the more likely it is that POL (ex-MATIC) price will rise.

Polygon POL (ex-MATIC) price history and key milestones

Polygon POL (ex-MATIC) was first introduced in 2017 and launched its token through an initial exchange offering (IEO) in 2019 at a price of $0.00263. Over the years, POL (ex-MATIC) has seen several historical price movements.

In 2021 Polygon POL (ex-MATIC) reached a key milestone, and surged to its all-time high of $2.88 during the broader Crypto market bull run. The growth was fuelled by increased adoption of Layer-2 scaling solutions as Ethereum struggled with congestion and high fees​.

Another major event occurred in 2022 with the EIP-1559 upgrade, which introduced a token-burning mechanism, reducing POL (ex-MATIC)’s supply and making it more deflationary​. In addition, Polygon achieved carbon neutrality in 2022, contributing to its appeal among environmentally conscious investors​.

In 2023, despite market downturns, Polygon’s network continued expanding, supported by major partnerships with companies like Nike and Starbucks. These collaborations strengthened its position in the blockchain world.

In 2024, POL (ex-MATIC) has been recovering from a prolonged bear market. While whales accumulate tokens and the network pushes new upgrades into development, the current price aims to recover at the $0.80 level​.

What is Polygon POL (ex-MATIC)?

Polygon POL (ex-MATIC) is a Layer-2 scaling solution for the Ethereum network, designed to improve transaction speeds and reduce fees. By building on top of Ethereum, it allows decentralized applications (dApps) to run more efficiently, making the network scalable and cost-effective.

Polygon uses POL (ex-MATIC) tokens to secure the network and power transactions, helping to address Ethereum’s congestion issues. At the same time it supports the growing ecosystem of DeFi projects and NFTs.

What is Polygon POL (ex-MATIC) token used for?

The POL (ex-MATIC) token plays a vital role in the Polygon ecosystem, offering several use cases that drive its value:

Transaction fees – One of the main uses for POL (ex-MATIC) is paying gas fees on the Polygon network. By facilitating fast and cost-effective transactions, POL (ex-MATIC) enables decentralized applications (dApps) to operate efficiently on Polygon’s Layer-2 scaling solution. This makes it essential for developers and users that interact with the network.

Staking and security – POL (ex-MATIC) is also used for staking, which helps secure the Polygon network. Token holders can stake their POL (ex-MATIC) to support network operations, earning rewards in return. This staking mechanism ensures the network remains decentralized and secure, while encouraging long-term participation from users.

Governance – As the native token of Polygon, POL (ex-MATIC) grants its holders governance rights. This means that POL (ex-MATIC) token holders can vote on protocol upgrades, changes to the ecosystem, and key governance decisions. This provides them with influence over the future direction of Polygon.

DeFi and NFTs – POL (ex-MATIC) is widely used within DeFi projects and NFT platforms built on Polygon. It serves as the main currency for trading, and such payment services like transactions or lending.

Polygon POL (ex-MATIC) market data in 2024

Polygon POL (ex-MATIC) has a market capitalization of approximately $2.7 billion, with a circulating supply of around 7.3 billion tokens, and an average 24-hour trading volume of $39 million. As of 2024 current polygon price stands at $0.38.

Important facts about Polygon

  • Polygon enhances the Ether network by offering faster transactions and lower fees, making it ideal for decentralized applications (dApps).
  • The Polygon 2.0 upgrade improves scalability, security, and cross-chain interoperability, further strengthening the POL (ex-MATIC) network​.
  • Polygon has secured partnerships with big names like Nike, Adidas, and Starbucks, driving broader adoption of blockchain technology​.
  • Polygon supports a growing number of DeFi projects and NFTs, offering developers a flexible platform with lower transaction costs.
  • The POL (ex-MATIC) coin powers transactions, secures the network, and plays a key role in governance decisions across the Polygon network​

What gives POL (ex-MATIC) value?

POL (ex-MATIC) derives its value from its utility within the Polygon network. As the native token, POL (ex-MATIC) is used to pay fees for transactions, secure the network through staking, and participate in governance decisions.

The demand for POL (ex-MATIC) increases as Polygon’s ecosystem grows, with more decentralized applications (dApps), DeFi projects, and NFT platforms using Polygon’s scaling solution.

Additionally, POL (ex-MATIC)’s value is boosted by its role in enabling fast, cost-efficient transactions on the Ether network, making it a critical component of blockchain scalability​.

Is Polygon POL (ex-MATIC) a good investment?

Polygon POL (ex-MATIC) stands out as an attractive investment option due to its practical utility and established role in enhancing the Ether network.

By solving critical issues like high gas fees and slow transaction speeds, Polygon plays a vital role in making blockchain applications more efficient and accessible. This scalability makes POL (ex-MATIC) an appealing long-term asset, especially with rising interest in decentralized applications (dApps) and DeFi projects​.

Here are a few fundamental factors that can help answer the questions “Is POL (ex-MATIC) a good investment?”:

Potential rewards

As Ethereum continues to be a foundational layer for Web3, the need for scaling solutions like Polygon is expected to grow, increasing the demand for POL (ex-MATIC) tokens. This demand could drive Polygon price up over the coming years. POL (ex-MATIC)’s potential makes it an interesting prospect for investors who believe in the long-term growth of Crypto markets and the expansion of decentralized finance.

Inherent risks

Investing in POL (ex-MATIC), like any other coins, comes with its risks. The volatility in its price is largely driven by current sentiment, regulatory changes, and competition from other Layer-2 solutions. Additionally, technological advancements in blockchain could either bolster or challenge Polygon’s relevance. It is essential for investors to keep a close eye on industry developments and evaluate their risk tolerance​.

Investing the smart way

At PrimeXBT we provide our users with advanced trading options to access investment products, such as POL (ex-MATIC). You can utilize leverage, short positions, and conduct technical analysis to optimize your trades, allowing you to tap into Polygon’s price movements on the go.

Whether you’re a seasoned trader or new to the Crypto space, PrimeXBT makes it easy to invest in POL (ex-MATIC), and gives you the tools to manage risks and explore growth opportunities.

Conclusion: Will Polygon go up?

Polygon POL (ex-MATIC) is well-positioned for future growth due to its critical role as a Layer-2 scaling solution for the Ether network. The demand for lower gas fees, faster transactions, and overall scalability in the Ethereum ecosystem continues to increase, which directly benefits Polygon’s utility and, in turn, its value.

Additionally, with major projects like Polygon 2.0 underway, the network aims to further enhance scalability and adoption, which could have a positive impact on the price over time.

The broader Cryptocurrency market trends will also play a crucial role in determining whether Polygon price continues to rise. With growing institutional interest, especially from firms like Nike and J.P. Morgan partnering with Polygon, the project has already cemented its place as a key player in the Crypto world.

However, like all Crypto projects, its price remains subject to volatility and external factors such as regulatory changes and market sentiment. While short-term fluctuations are expected, the future price action of POL (ex-MATIC) looks promising. It is driven by growing utility and technical analysis of its underlying blockchain capabilities. Investors should conduct their own research and consider the risks, but the Polygon outlook remains optimistic in the long run.

FAQ section

Should I buy Polygon?

You should only buy any Crypto asset if the current sentiment is positive, the trend is up, and technical indicators support making a purchase. Be sure to always conduct your own research and due diligence, and seek investment advice from an experienced professional. This Polygon price prediction article is only designed for you to gain insights and make an informed investment decision.

What will MATIC be worth in 2025?

While the price of Polygon cannot be known, many experts believe that by 2025, MATIC could reach as high as $1.61, and some even call for higher prices.

What will MATIC be worth by 2030?

Polygon is expected to continue to increase over the next several years, with 2030 possibly offering a price as high as $4, but it is tough to predict a price that far out. A MATIC price prediction will have to take a lot into account.

How much will Polygon be worth in 5 years?

Five years from now, MATIC should continue to increase in value, with most people believing that the price of Polygon should be somewhere in the neighborhood of $3.50. A MATIC price prediction is difficult in these times, but as crypto regains its footing, a lot of developers will be looking at Polygon.

Is it a good time to buy MATIC?

This isn’t a simple yes or no answer; it is about your investing horizon. If you are looking for a longer-term investment, then the entry point probably isn’t as important to you as it would be for a short-term trader. That said, you probably have plenty of time to accumulate while the world deals with the fallout from the Crypto bubble.

Can MATIC reach $5?

Yes, it can reach $5. However, there is no actual guarantee of where the price will go, but most experts believe it will increase in value over the next several years. Any serious MATIC price prediction forecast will have to have a disclaimer on all of the unknown issues out there.

Author

Tony Severino
Tony Severino is a trader, technical analyst, and award-winning content producer with more than 15 years experience working in online media. Tony is also the founder of CoinChartist.io, a free educational platform. Leveraging AI and PineScript, Tony ...
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