Polygon is on fire as it has taken massive steps in getting an ocean of Web 3.0 users over the past few months. According to Sandeep Nainwal, a cofounder of Matic, this layer 2 blockchain is going to be the top 3 cryptocurrencies by impact.

Polygon zkEVM Mainnet Beta was launched on April 20, 2023. The Polygon zkEVM Mainnet Beta is a public testnet that allows developers to test their dApps on the Polygon zkEVM. The Mainnet Beta is a significant milestone for Polygon, as it marks the first time that developers can deploy EVM-compatible smart contracts on a zero-knowledge rollup.

Polygon blockchain has been gaining attention. JP Morgan performed a live defi trade on the Polygon blockchain. With such adoption, Polygon is all set to touch ATH. In this post, we are going to learn what MATIC price prediction for 2025 to 2030 is.

MATIC coin

What is Polygon?

Polygon (MATIC) is a Layer 2 protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Polygon aims at an open and borderless world.

It is also the first, well-organized Ethereum scaling and development infrastructure platform. It was formerly known as Matic Network. It is basically a layer 2 scaling solution for the Ethereum Blockchain.

Polygon coins itself as, “Ethereum’s internet of Blockchain”.

The network offers instant transactions on the Ethereum blockchain and intends to solve the few limitations that Ethereum is dealing with. 

In this article we will learn about Polygon’s price history, how to buy, and the price prediction of Polygon (MATIC).

What is a Matic Coin?

MATIC coin

Matic is an Ethereum-based layer 2 solution that is created to power the Polygon platform. The token is used for fulfilling a variety of goals in the Polygon ecosystem. The Matic token plays a significant role in securing the system and enabling governance, The native token is meant to solve Ethereum’s scaling limitations regarding high transaction fees and slow speed. 

Matic has several uses including the following:

  • Participating in the ecosystem’s governance by voting on Polygon Improvement Proposals (PIPs)
  • Payments for transactions that occur on the Polygon network (Gas-fee functionality)
  • Contributing to security, Governance, and reward earnings through staking  
  • Settlement currency for users who operate within the ecosystem
  • Payments made from Polygon are very quick.
  • The scalability of the project is very efficient, so many business models can easily adapt.

Is Polygon a good coin to invest in 2024?

Anyone who has paid hundreds of dollars for one transaction to buy an NFT or one Uniswap trade knows how costly the ETH network can be at times.

Ethereum network when congested, the speed of the transaction reduces and the gas cost goes high. To support that, we need layer 2 solutions.

Layer 2 solutions provide and are meant to do the exact work, but in another non-congested layer which at a very low transaction cost.

Out of many Ethereum-based Layer 2s, Polygon is one of the most successful. Though it still has miles to go, one can’t go wrong while betting on layer 2 solutions like Matic.

To me, Polygon is surely a good investment, and not a meme or a shitcoin that will drop to zero at any moment.

How to buy Polygon (now Matic) with INR?

You can buy Matic with INR from the following Indian crypto exchanges:

Buy MATIC with INR Register Here
Exchange Sign Up
WazirX Sign up
CoinDCX Sign up
Giottus Sign up
BitBNS Sign up

How to buy Polygon (now Matic) with BTC/USD?

If you are an experienced trader and want to buy Matic with BTC, ETH, and USDT you hold, or directly with USD, you can use the following exchanges:

Buy MATIC with BTC/USD
Register Here
Exchange Sign Up
Binance Sign up
Huobi Sign up
Kucoin Sign up
Coinbase (for US) Sign up

Matic coin: Past Achievement

  • Polygon has partnered with multiple top Web 2.0 brands including Nike, Adidas, Reddit, etc.
  • MATIC looked bullish as Meta Announced NFTs on the Polygon blockchain.
  • American Banking giant JPMorgan conducted its first decentralized live trade on the Polygon blockchain.
  • Mastercard testing integration with Polygon, on Mumbai testnet.
  • Starbucks has just announced a new NFT-based reward system for customers that will run on the Ethereum Layer-2 network, Matic.

Matic coin Details

Website
Token Ticker MATIC
Token Supply 10,000,000,000 MATIC
Current Supply 9,244,522,331 MATIC
Founder
Jayanti Kanani, Sandeep Nailwal and Anurag Arjun
Release Date April 2019
Network Polygon
Consensus Mechanism Proof-of-Stake
Market Cap $$7,889,779,672
Current Rank #12

Matic has a total of 10 Billion maximum coins and they are distributed as follows :

  • 16% tokens: Team 
  • 19 % tokens: Sale on Binance Launchpad
  • 3.8% tokens: Private sale
  • 4% tokens: Advisors
  • 12% tokens: Network operations 
  • 21.86% tokens: Foundation
  • 23.33% tokens: Ecosystem 

Matic facilitates high throughput rate, scalability, compatibility, security, and customization and is also user-friendly. If you are thinking of buying Matic, let me guide you to the list of exchanges where Matic coin is listed.

MATIC Price History: 2019 to 2022

MATIC coin

Matic Prices in 2019 

The ICO of Matic coin was held in April 2019. The initial price of MATIC was $0.003471 as listed on 29 April 2019. The prices saw a major rise in the month of May as the prices hiked up to $0.02945 on 21st May. The early days experienced a little fluctuation and the prices stayed between $0.02 to $0.03 till June.

Further, the prices started to decline and stayed below the range of $0.2 till November. A major hike was noticed at the start of the month of December when the Price of MATIC went as high as $0.0468. The hike was accompanied by a major crash when the prices landed at $0.01207. The year ended on a red note when the price of Matic was recorded at $0.01381. 

Matic Prices in 2020 

The prices of MATIC remained subtle in 2020. A higher range of volatility was not noticed. The price of MATIC in early January was recorded as $0.01882 and then the prices stayed under the range of $0.02 for most of the year. The month of February witnessed a hike and the prices jumped over the mark of $0.02. 

March, however, was a big red flag for MATIC as the prices went as low as $0.008. Further, the prices stabilised and picked up the normal range of $0.01. The prices of MATIC remained under $0.02 until May. The altcoin witnessed a slight growth in May which was short-lived. The prices went back to $0.01 in June. The next soaring in prices occurred in August when the prices were recorded as $0.03. At the year ending, the price of MATIC coin was recorded at $0.01763. 

Matic Price History 2021

2021 was one of the best years for Polygon. The coin moved from $0.0176 to the high of $2.92. Even it saw an investment from Mark Cuban. Polygon ended the year around at $2.55

Matic Price History 2022

In terms of expansion, 2022 belongs to Polygon. No other layer 2 blockchains saw as much growth as Polygon. This layer 2 blockchain solution helped bring Web 2.0 to the masses. Even in a bear market, Polygon was one of the best cryptocurrencies to hold and saw a major spike in terms of satoshis. Started at 2.55USD, Polygon closed 2022 year trading at 0.76USD.

Polygon Price Prediction in 2024

According to our brief & medium technical analysis as well as MATIC price forecast, the Polygon cryptocurrency price might be around $1.474 in 2024 because scalability was the main problem for businesses to adapt crypto but Polygon has made a drastic difference to help change that thought, and that if Polygon adoption occurs, the coin might experience a bull run, with the Polygon price skyrocketing in the big scheme of things.

What the price of Polygon is going to be by the end of 2024, we have predicted MATIC’s price month-wise. Have a look.

When Maximum Price Minimum Price
January 2024 $0.925 $0.771
February 2024 $1.039 $0.866
March 2024 $0.883 $0.736
April 2024 $0.736 $0.614
May 2024 $0.669 $0.558
June 2024 $0.683 $0.569
July 2024 $0.819 $0.683
August 2024 $0.917 $0.765
September 2024 $0.936 $0.780
October 2024 $0.983 $0.819
November 2024 $1.228 $1.024
December 2024 $1.474 $1.228

In the year 2024, the pricing dynamics for a specific item exhibited notable fluctuations on a monthly basis. Starting in January, the maximum price reached $0.925, while the minimum was recorded at $0.771. Moving into February, both the maximum and minimum prices experienced an increase, reaching $1.039 and $0.866, respectively. March continued this trend, with the maximum price declining to $0.883, and the minimum settling at $0.736.

April witnessed a further decrease, with the maximum price dropping to $0.736, and the minimum at $0.614. May maintained a relatively steady course, with the maximum price at $0.669 and the minimum at $0.558. June saw a modest uptick, marking the maximum and minimum prices at $0.683 and $0.569, respectively.

July brought a notable surge, with the maximum price peaking at $0.819 and the minimum at $0.683. In August, both the maximum and minimum prices reached $0.917 and $0.765, respectively. September recorded a similar trend, with a maximum price of $0.936 and a minimum of $0.780. October and November continued the upward trajectory, showcasing maximum prices at $0.983 and $1.228, and corresponding minimum prices at $0.819 and $1.024.

The concluding months of the year witnessed the highest prices, with December’s maximum reaching $1.474 and the minimum at $1.228. These variations underscore the dynamic nature of market forces, reflecting the interplay of supply and demand factors throughout the course of 2024.

Polygon Price Prediction 2025 in USD

According to the Polygon price prediction trend line for the long-term (the next five years), we can see a huge volatility. The prices might mostly stabilize in 2025, creating strong support.

The most practical strategy is to anticipate a price level in the middle of these ranges. Polygon’s price for the future might be triggered by widespread usage. Our Analysis of Polygon price prediction for 2025 suggests it might reach a maximum of $6.832 and a low of $1.308, by the end of 2025.

Polygon price prediction for 2025 is mentioned below:

When Maximum Price Minimum Price
January 2025 $1.621 $1.308
February 2025 $1.707 $1.219
March 2025 $2.133 $1.720
April 2025 $2.540 $1.814
May 2025 $2.761 $2.226
June 2025 $3.313 $2.366
July 2025 $3.248 $2.619
August 2025 $3.897 $2.784
September 2025 $4.872 $3.929
October 2025 $6.089 $4.350
November 2025 $6.211 $5.009
December 2025 $6.832 $4.880

Matic Price Prediction (in INR)

Polygon Matic Price Forecast in 2024 in INR

Let us have a look at what might be Polygon’s price by the end of 2024.

When Maximum Price Minimum Price
January 2024 ₹78.63 ₹65.52
February 2024 ₹88.34 ₹73.62
March 2024 ₹103.93 ₹86.61
April 2024 ₹83.15 ₹69.29
May 2024 ₹69.29 ₹57.74
June 2024 ₹49.49 ₹41.24
July 2024 ₹59.39 ₹49.49
August 2024 ₹60.58 ₹50.48
September 2024 ₹63.61 ₹53.01
October 2024 ₹66.79 ₹55.66
November 2024 ₹83.49 ₹69.57
December 2024 ₹87.66 ₹73.05

Polygon Matic Price Prediction 2025 in INR

2025 is expected to be a mixed year for Polygon.

Matic Price prediction 2025 in INR suggests it could reach 271INR at max, and 193INR at min. From the current price, we may see close to a 500% jump in the next 3 years.

When Maximum Price Minimum Price
January 2025 ₹145.92 ₹117.68
February 2025 ₹153.60 ₹109.72
March 2025 ₹192.00 ₹154.84
April 2025 ₹228.57 ₹163.27
May 2025 ₹248.45 ₹200.36
June 2025 ₹298.14 ₹212.96
July 2025 ₹292.29 ₹235.72
August 2025 ₹350.75 ₹250.54
September 2025 ₹438.44 ₹353.58
October 2025 ₹548.05 ₹391.47
November 2025 ₹559.01 ₹450.82
December 2025 ₹614.91 ₹439.22

Polygon Matic Price Forecast in USD: 2026-2030

What the price of Polygon is going to be by the end of 2030 in USD, we have predicted MATIC’s price year-wise.

Year Maximum Price Minimum Price
2026 $4.26 $3.61
2027 $5.92 $4.13
2028 $6.69 $4.79
2029 $8.69 $6.55
2030 $10.78 $8.39

Polygon Matic Price Forecast in INR: 2026-2030

Let us now plot Polygon’s price target in INR (from 2023 to 2030).

Year Maximum Price Minimum Price
2026 ₹340.12 ₹281.94
2027 ₹473.75 ₹330.26
2028 ₹535.25 ₹363.18
2029 ₹734 ₹534.23
2030 ₹880 ₹665

Polygon Matic-USD Technical Analysis

Matic is a BUY call for most of the timeframe: Hourly, Daily, Weekly, and Monthly. You can view this trading chart yourself!

Matic technical

Price Forecast:  Polygon Price Prediction in INR: 2024 to 2030

  • MATIC 2024 Price Forecast in INR: Polygon coin is predicted to touch ₹103.93 by the end of 2024.
  • Matic Price Prediction 2025 in INR: MATIC Polygon is expected to touch ₹614.91 by the end of 2025.
  • MATIC Price Prediction 2026 in INR: MATIC coin is predicted to touch ₹340 by the end of 2026.
  • MATIC Price Prediction 2027 in INR: Polygon is expected to touch ₹473.75 by 2027.
  • MATIC Price 2028 Prediction in INR: Polygon is predicted to touch ₹535.25 by the end of 2028.
  • Polygon 2029 Price Prediction in INR: MATIC is forecasted to touch ₹734.22 by the end of 2029.
  • MATIC Price Prediction 2030 in INR: MATIC coin is predicted to touch ₹880.66 by the end of 2030.

Is MATIC coin a good investment in 2024?

Matic has been investing in new projects that are building on Polygon.

In other words, it is investing in expanding its own blockchain network. Matic has their own fund that invests in gaming projects that are being built on Polygon.

The bullish race in the current blooming crypto market would definitely suggest that MATIC is a must-have altcoin in your investment portfolio.

Considering Ethereum’s popularity, Polygon is also expected to skyrocket in the upcoming years. The network is solving the limitations of the Ethereum blockchain and the recent massive blockchain adoption might favor this.

Hence, MATIC can be considered an investment right now. 

Matic USDT technical analysis

From mid-2021, we hardly saw Polygon trading below 0.5 USD. This makes it a good pick around 0.5 to 0.6 USD for a long-term hold, with less downside. The reward-to-risk ratio is very high.

Polygon’s features, its proof-of-stake mechanism, interoperability and scalability, and most importantly its association with Tron signals a better and a bright future for MATIC.

It is gaining attention from investors and crypto analysts are positive about its potential. It has achieved a lot and is still doing well in the market. 

Recently Matic has flipped Ethereum in NFT volumes and is poised to give a very good return to its investors.

FAQ: Polygon (Previously MATIC Coin)

Can Polygon reach 5 USD?

As per Cryptobullsclub’s Price prediction, Polygon has the potential to reach 5 USD by 2025.

Can Matic reach 10 USD?

Matic could reach 10 USD by the end of 2030, as per our price forecast.

Does MATIC yield good returns?

With lower transaction fees and faster transaction speed, Polygon is expected to boom in the next 5 years. So, one can expect good and stable returns from MATIC. 

Is MATIC owned by Binance? 

Matic is the native token of the Polygon network. Binance does not own MATIC, it only conducted an ICO for MATIC coin on its launchpad program. Binance also trades MATIC coins. 

What is the top transaction speed of MATIC?

The highest throughput rate or transaction speed of MATIC coin is 65 thousand transactions per second. 

What is the future of MATIC?

MATIC has been doing exceptionally well. Aave and Quarter have already started using Polygon as their basic network. It has built a partnership with Meta. Reddit NFTs are launched on Polygon layer 2. Overall, there are not many layer 2 projects that are doing as well as Matic. The future looks really bright.

When will Matic reach 500 INR?

Matic could reach 500INR in between 2026 and 2027.

What is the price prediction of Polygon MATIC for 2025?

As per the analysis and Polygon price prediction, Polygon may grow significantly by the year 2025. The maximum price is expected to be around $5.26, whereas the minimum price can be around $2.30. The Polygon token may have an average value of $4 as per our Polygon predictions for 2025. And in INR MATIC Polygon is predicted to touch ₹458.41 by the end of 2025.

What will be the price prediction of Polygon MATIC in 2030?

As per the analysis and Polygon price prediction, Polygon may grow significantly by the year 2030. The maximum price is expected to be around $10.78, whereas the minimum price can be around $8.39. The Polygon token may have an average value of $9 as per our Polygon predictions for 2030. And in INR MATIC Polygon is predicted to touch ₹880 by the end of 2030.

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Check out this useful YouTube video to learn more about Polygon MATIC:

Disclaimer: Matic (Polygon) Price Forecast for 2024 to 2025 both in INR and USD are artificially generated using our AI tool. Please do not consider them to be the final prices. Please do your own research before investing.

Last updated: 18th January, 2024.