MATIC’s price resurgence sparks bullish hopes, targeting a climb to $2. The recent rebound challenges a persistent downward trend, highlighting a promising week with a 19.63% gain in Polygon’s valuation. This bullish revival suggests a breakout above $1 might be on the cards, fueling optimism for a sustained uptrend.
Amidst a market recovery, MATIC’s bullish momentum builds. From a low of $0.7262, the price trajectory now eyes reclaiming the $1 mark. The goal is to set a new 52-week high. Our analysis points to a highly bullish outlook for MATIC in 2024.
With Polygon preparing to take off this season, investors are curious about whether Polygon can reach $100. Will Polygon go up? Is Polygon a good investment?
We bring our Polygon Price Prediction for 2024 – 2030 to explore the MATIC price prediction and answer such questions for you.
So read on because MATIC Prediction Prediction can be your golden ticket in the crypto universe.
Overview
| Cryptocurrency | Polygon |
| Token | MATIC |
| Price | $ 0.98221385 1.36% |
| Market Cap | $ 9,447,272,091.5728 |
| Trading Volume | $ 603,768,489.8454 |
| Circulating Supply | 9,618,345,465.7442 |
| All-time High | $2.92 Dec 27, 2021 |
| All-time Low | $0.003012 May 10, 2019 |
| 24 High | $ 1.0112 |
| 24 Low | $ 0.9673 |
What’s New With Polygon?
Polygon, a key player in Ethereum’s Layer 2 ecosystem, is making significant progress in the crypto market. It is more than just a platform; it is a vision for the future. The release of Polygon 2.0, a network of ZK-powered L2 chains, will provide limitless scalability and unified liquidity.
What is PoS? Proof-of-Stake (PoS) is a consensus mechanism where validators are chosen to create new blocks based on the number of tokens they hold and are willing to “stake” or lock up.
Significance in ZK L2: In the context of Polygon’s ZK L2, ZKP ensures that all transactions are valid without revealing the specifics of the transaction. This enhances privacy and reduces the computational power required to validate transactions.
Also Read: Top Reasons Why Bitcoin Price Will Hit $100K in 2024 – BTC Price Prediction
MATIC Price Prediction March 2024
The weekly chart analysis reveals a rounding reversal for MATIC, indicating a momentum shift. Despite a tough resistance at the $1 level, the latest surge of 19.63% forms a bullish candle, hinting at a potential rally for Polygon.
MATIC’s recent price actions suggest a sideways trend, possibly leading to a double-bottom pattern with a $1 neckline. This formation could signal a trend reversal, supported by a significant 34% increase in trading volume. Such patterns hint at an upcoming breakout.
Currently priced at $0.9952, MATIC seems primed for an upward move past $1. The anticipated rally could significantly push prices beyond this key threshold, aiming for a strong 2024 performance. Increased trading volume backs this bullish scenario, reflecting heightened market interest.
Also Read: Top Reasons Why Bitcoin Price Will Hit $100K in 2024
Fibonacci analysis suggests upcoming targets at $1.3370.
| MATIC Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| February 2024 | $0.85 | $1.09 | $1.33 |
MATIC 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, the recent 17.35% dip seems to be a mere hiccup in its bullish trajectory, rejuvenated by the Bitcoin Spot ETF nod from the U.S. SEC.
This pivotal moment has rekindled the bullish fervor, positioning MATIC on a path to reclaim and potentially exceed the $1 mark.
Polygon’s DeFi Chapter
With promising prospects of the DeFi sector and the 4th Bitcoin halving in 2024, analysts predict that Polygon’s price could peak at $2.08, with an average value of $1.49.
The Polygon network continues to impress, with a total value locked (TVL) of more than $1.305 billion and a stablecoins market capitalization of $1.294 billion. Further, the TVL value is recovering in parallel to the MATIC coin price.
Technical Charts Lead A Bearish Story
Following a sharp decline after the early 2023 gains, MATIC’s price displays an impressive bounce back, ready to challenge the overhead resistance trendline.
The recovery trend in the weekly chart is gaining momentum, and it is ready to start an uptrend in 2024. Further, the trend momentum helps sustain the bullish price movement.
Also Read: Top Reasons Why Bitcoin Price Will Hit $100K in 2024
The bullish reversal may shortly exceed the $1 mark, signaling a breakout rally. This increases the possibility of MATIC’s price surpassing the 2023 height of $1.56.
In short, the price of Polygon (MATIC) price forecasts for 2024 is a projected high of $2.08. On the flip side, the Polygon crypto price may drop back to its previous low at $1.62, resulting in an average price of $1.85 throughout the year.
| MATIC Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $0.90 | $1.49 | $2.08 |
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 $3.15, the MATIC coin price is set to sustain the bull run. However, a short correction may reach a potential low of $1.899, making an average of $2.5245.
| MATIC Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 2.628 | 3.843 | 5.067 |
Polygon Price Prediction 2026 – 2030
| MATIC Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 3.42 | 3.95 | 4.48 |
| 2027 | 4.45 | 4.944 | 5.438 |
| 2028 | 4.828 | 5.666 | 6.504 |
| 2029 | 6.267 | 6.8585 | 7.45 |
| 2030 | 8.715 | 8.8975 | 9.08 |
MATIC Price Prediction 2026
Anticipating further expansion, MATIC’s potential high for 2026 is projected to be $4.48, while the potential low is estimated at $3.42, resulting in an average price of $3.95.
Also Read: Top Reasons Why Bitcoin Price Will Hit $100K in 2024 – BTC Price Prediction
MATIC Price Prediction 2027
MATIC crypto can make a potential high of $5.438 in 2027, with a potential low of $4.45, leading to an average price of $4.944.
MATIC Price Prediction 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 Price Prediction 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, MATIC’s potential high for 2030 is projected to be $9.08. On the flip side, a potential low of $8.715 will result in an average price of $8.8975.
MATIC Price Prediction 2024 – 2030
Market Analysis
| Firm Name | 2024 | 2025 |
| Gov Capital | $2.14 | $3.46 |
| Digital Coin Price | $2.02 | $2.84 |
| Trading Beasts | $1.38 | $2.01 |
*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s MATIC Price Prediction
The Polygon community is rapidly growing, and there are upcoming improvements in Polygon 2.0, which aligns with the expanding DeFi ecosystem. Coinpedia’s price prediction for Polygon is extremely bullish, suggesting MATIC crypto price may reach new swing highs and possibly surpass its all-time high in 2025.
The Polygon Price Forecast 2024 anticipates a swing high of $2.08, with an average price of $1.49.
We expect the MATIC Price to reach $2.08 by the end of 2024.
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $0.90 | $1.49 | $2.08 |
Historical Market Sentiments 2019 – 2024
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 $2.08.
Is MATIC a good investment?
Yes, MATIC is a profitable investment, the digital asset should be under due consideration for the long term.
How high can Polygon (MATIC) go by the end of 2025?
According to our MATIC price prediction, the altcoin could possibly reach a maximum of $5.0678 by the end of 2025. With a potential surge the price could go as high as $23.040 by the end of 2030.
Is Polygon (MATIC) 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. Polygon currently stands stout with its robust network.
How high can polygon MATIC go?
At its best, Polygon can process 65,000 transactions per second.
Why Polygon is faster than Ethereum?
The major functionality of Polygon 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 Polygon Matic 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 Polygon in 2020, considering at $0.022 (high of Dec 2020), would be now worth approximately $3554.55, with a percentage gain of 3454.55%