Polygon has captured the imagination of many crypto enthusiasts looking toward Web 3. Coming up with a Polygon price prediction takes many assumptions, but the interest is certainly there. The coin, MATIC, is expected to be in high demand over the next couple of years as more Web 3 applications appear. Polygon has recently inked a deal with Nike to put all of Nike’s Web 3 development on that platform. When large corporations choose to go to the new web, MATIC could very well be at the forefront.
It is worth noting that it is in direct competition with Ethereum. After “The Merge,” Ethereum has sped up and become much cheaper. This was the big problem that Polygon was supposed to solve. Because of this, a MATIC price prediction forecast is something that is going to have to look at the adoption of not only its network but crypto in general, as we still have both Bitcoin and Ethereum leading the charge, especially now that we have seen so much air let out of the crypto bubble.
Everything to Know About MATIC price movements in 2021-2022
Undoubtedly, the most significant event that affected the price movement of Polygon over the last couple of years has been the general selling of crypto. After all, the crypto market is still relatively young, and people tend to treat all projects equally regarding investment.
That said, MATIC is being used by such big players as Nike and J.P. Morgan and certainly seems to have a “leg up” on Web 3. Being a 2nd layer solution to Ethereum means that it will always be at least at the forefront of developers’ minds. However, the recent news coming out of Ethereum, the completion of “The Merge,” suggests that layer two applications may start to take on more of a specialized role. Because of this, a MATIC price prediction is something that a lot of traders are looking at.
MATIC Price Predictions by Experts
In this section, we will go through some of the expert price predictions. Polygon is an exciting project; as a general rule, most people believe it has a bright future. However, the projections are not always comprehensive, as you will see. Keep in mind that these are just experts’ projections and not necessarily the opinion of PrimeXBT. It would help if you always did your due diligence.
Coin Price Forecast
Coin Price Forecast has a reasonably bullish outlook for Polygon, as it leaves the Polygon’s future price should continue to strengthen over time. While initially dipping slightly during 2022, they expect Polygon’s projected value to reach $3.82 by 2030. When looking at their predictions, it is an exponential curve showing growth for the next ten years.
Coinpedia has a highly bullish outlook for MATIC’s price over the next several years. While they agree with the Coin Price Forecast of an exponential curve, they believe that the curve will start to bend and go more parabolic in a couple of years. In 2023, they expect Polygon to be worth about $1.75, gaining strength in 2024 to reach $2.50.
However, it appears that they are expecting another crypto bull run in 2025, with Polygon sitting around $4. After that, within five years, they anticipate that in 2030, Polygon could be worth somewhere near $17. This is a solid prediction and should be taken as an outlier, but it would suggest that they expect another crypto bubble in a few years.
Crypto Bulls Club
Crypto Bulls Club’s projection of long-term pricing is relatively healthy as well. It does anticipate a noisy 2023, with the possibility of Polygon reaching $2.89 in the middle of the year. It expects a bit more stability in 2024, with a high price of $3.38, and in 2025, it expects Polygon to break above the $5 level.
Keep in mind that their prediction is based on the idea of Web 3 taking off, which probably will happen but may take longer than some anticipated. They make a poignant effort to bring to the forefront that Nike has partnered with Polygon.
Cryptoticker seems to want to outdo everybody else with huge predictions. While they do not go into a year-by-year prediction, they do say that Polygon should be at least $5 by 2030 and could reach as high as $30. This would take a gargantuan effort and mass adoption of Polygon by the rest of the world. While the technical analysis suggests that $30 is possible, they readily admit that it will probably be closer to $5.
Polygon Price Technical Analysis
Looking at the charts, it’s easy to see that MATIC continues to struggle like many crypto markets. Crypto is going through many growing pains as nefarious players are being snuffed out. Unfortunately, this has brought a bit of a “throw the baby out with the bathwater” mentality, and Polygon has not escaped the overall negativity.
That being said, it is worth noting that near the $0.30 level, there has been significant support and that the market has been relatively stable for several months. This suggests that the market is in the process of trying to find a bottom.
Going out further, the market will likely find buyers on dips, but it should be considered an investment, not a short-term trade. The $1.00 level offers psychological resistance but has been pierced several times in late 2022. Because of this, there should be plenty of people out there looking to pick up value every time this market falls.
The moving averages are flat along with the price action, suggesting that we are amid accumulation, which is quite often the beginning of a market stabilizing to turn around. It is still early, but much of the bad news has been priced into the market. Remember that another chart that should be followed closely is the Bitcoin chart because Bitcoin will continue to lead the rest of crypto in general.
MATIC forecast 2023 by months
This table shows the MATIC price prediction by several crypto experts worldwide. This is an average table and not advice. Understand that your due diligence is crucial when investing in any asset.
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MATIC forecast 2024 by months
The following table is an amalgamation of expected prices for Polygon by a group of experts worldwide. Remember that these are averages and that MATIC price predictions are for educational purposes only.
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MATIC Price Prediction 2025-2030
Keep in mind that projecting a price forecast for Polygon’s potential movement several years out will be difficult. This is because the crypto market is prone to booms and busts, as we have already seen a couple of times.
While it is generally thought that the value of MATIC will increase over time, there’s no guarantee of anything. The one thing that most experts believe is that Polygon has attracted a lot of Web 3 developers, and therefore it is likely to continue to be in demand. However, as it is not the largest market in the crypto world, it is prone to some of the more significant moves. If Bitcoin rises and people are willing to take risks in that part of the world, it eventually could flow into Polygon.
Most experts believe that in the next 5 to 10 years, Polygon could reach the $5 level. Again, this will come down to adoption and what projects end up on the network.
What news may impact Polygon crypto (MATIC) price in the future?
Like all crypto, Polygon will need to see a lot of developer interest. Recently, we have witnessed J.P. Morgan successfully do its first-ever cross-border transaction using decentralized finance on the Polygon network. This was facilitated by the Monetary Authority of Singapore, using the tokenized Singaporean dollar and Japanese yen. Headlines like this will undoubtedly continue to attract much attention toward Polygon.
However, it is still very early in adoption, so making a short-term MATIC price prediction is challenging. Over the longer term, large banks like J.P. Morgan are exploring the network is a very healthy sign. Other recent developments have been Nike jumping on board, so as long as you hear headlines like this, the general trajectory of Polygon should be higher.
However, remember that the crypto bubble has burst and will take people to trust crypto again after the general revelations of fraud and “pump and dump” schemes. Polygon does have a real-world use case scenario, so it’s very likely that as long as Ethereum does not pass it in speed and efficiency, you will continue to see headlines like the ones just mentioned. These are the type of things that give Polygon believers hope in the future. As a general rule, a MATIC price prediction should consider the catalysts out there for growth.
Conclusion: Is Polygon a Good Investment, and How Much Will MATIC Be Worth?
As things stand currently, MATIC could be a substantial investment. The key word, of course, is going to be investment, as crypto is generally struggling. That does not mean we do not have a significant bullish run again, but the “Wild West” days of the cryptocurrency markets are probably over. This was a long time coming, as regulation will attract the larger investment community to MATIC. Should I invest in Polygon? The next paragraph is something to consider seriously.
A lot of this comes down to your timeframe, but if you are looking to invest and not make short-term trades, Polygon will likely continue to attract much inflow. It will attract capital and more corporate interest, which is precisely what you need to see for it to succeed over the longer term.
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Disclaimer: “*This price prediction is based on the data collected from various sources. This should not be considered an investing parameter, and users should research before investing. PrimeXBT provides this information for educational purposes only.”
How much will MATIC be worth in 2023?
The value of MATIC during 2023 will determine whether or not the massive bear market in crypto is done. It is likely that most of 2023 features consolidation and a recapturing of its footing to prepare for the next bullish run. Is Polygon a good investment? Probably, but you need to be patient.
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.
How high can MATIC realistically go?
The realistic value of Polygon will depend on network use and whether it catches the crypto community's attention. One of the biggest problems cryptocurrencies have is that many different coins compete for attention. The Polygon future price will not only depend on crypto in general but the use of the network.