Polygon (MATIC) Price Prediction: 2023, 2024, 2025 to 2030: Can MATIC reach 500INR?
Polygon is on fire as it is takes 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 blockchian 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 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.
What we are going to learn?
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 Ethereum blockchain and intends on solving 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 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.
- Scalability of the project is very efficient, so many business models can easily adapt.
Is Polygon a good coin to invest in 2023?
For anyone who has paid hundreds of dollars for one transaction to buy an NFT or one Uniswap trade knows how costly 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 is 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, but 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 which will drop to zero at any moment.
Latest News and Stats related to Polygon/Matic – August 2023
Total Value Locked (TVL): As of August 14, 2023, as per DefiLlama, the total value locked (TVL) on Polygon stands at $885Million. This represents a more than 90% decrease from its all-time high of $9.89 billion in June 2021.
Number of Active Addresses: The number of active addresses on Polygon has experienced a decline in recent months. As of May 26, 2023, there are 323,745 active addresses (last 24 hours) on the network.
Gas Fees: Polygon generates 22,632 USD as fee everyday.
Recent Update: For the first time, zkEVM recorded 100,000 transactions in a single day. Meanwhile, the total number of Reddit NFT holders on the Polygon network has surpassed 15 million, with 19 million Reddit NFTs hosted on 0xPolygon.
New Partnerships: Polygon has recently announced several partnerships. In April 2023, Polygon unveiled a partnership with the decentralized exchange (DEX) SushiSwap. Additionally, in May 2023, Polygon announced a collaboration with the gaming platform Animoca Brands. In June 2023, Warner Music Group has announced a partnership with Polygon for the launch of a new Web3 Music Accelerator program. In July, The innovation hub of the Bank of Italy has chosen a decentralized finance (DeFi) project in collaboration with Polygon Labs, an Ethereum scaling network developer, and Fireblocks, a crypto infrastructure provider.
New Projects: Polygon has witnessed the launch of various new projects. In April 2023, the decentralized finance (DeFi) protocol Aave was introduced on the network. Furthermore, in May 2023, the gaming project Illuvium confirmed its plans to launch on Polygon. In July 2023, Polygon has unveiled its proposed architecture for ‘Polygon 2.0,’ which encompasses several significant upgrades and features. One notable addition is the introduction of an aggregator bridge, designed to enhance the interoperability of different blockchain networks within the Polygon ecosystem.
The market sentiment towards Polygon in August 2023 leans towards the positive side. There have been positive developments, including the introduction of new projects and partnerships. The future prospects of Polygon’s recovery from the recent market conditions remain uncertain.
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?
You are an experienced trader, and wants 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 had partnered with multiple top web 2.0 brands including Nike, Adidas, Reddit etc.
- MATIC looked bullish as Meta Announces NFTs on Polygon blockchain.
- American Banking giant JPMorgan conducted its first decentralised live trade on Polygon blockchain.
- Mastercard testing integration with Polygon, on Mumbai testnet.
- Starbucks, has just announced a new NFT-based reward system for customers and 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 | 9,319,469,069 MATIC |
| Founder |
Jaynti Kanani, Sandeep Nailwal and Anurag Arjun
|
| Release Date | April 2019 |
| Network | Polygon |
| Consensus Mechanism | Proof-of-Stake |
| Market Cap | $6,326,064,475 |
| Current Rank | #14 |
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, 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 Prices in 2019
The ICO of Matic coin was held in April, 2019. The initial price of MATIC was $0.003471 as listed on 29th 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 highs 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 blockchain saw as much growth as Polygon. This layer 2 blockchain solution helped bring web 2.0 to masses. Even in bear market, Polygon was one of the best cryptocurrencies to hold, and saw major spike in terms of satoshis. Started at 2.55USD, Polygon closed 2022 year trading 0.76USD.
Matic LONG Term Price Prediction 2023 to 2025
Polygon Matic Price Prediction in 2023: January – December
According to our Polygon price forecast as well as price graph for long-term realistic Polygon price prediction, MATIC’s price may reach the top 5 cryptocurrencies in 2023. The price of Polygon (MATIC) may hit a high of $2.29 (in December 2023) and a low of $0.59 in June 2023.
For the month of August, Polygon is expected to trade in between $0.82 and $0.54.
What the price of Polygon is going to be by the end of 2023? We have predicted MATIC’s price month wise.
| Polygon Price Prediction 2023 | Maximum Price | Minimum Price |
| August 2023 | $0.82 | $0.54 |
| September 2023 | $0.99 | $0.69 |
| October 2023 | $1.04 | $0.74 |
| November 2023 | $1.19 | $0.79 |
| December 2023 | $1.49 | $0.89 |
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 $3 in 2024, because scalability was the main problem for business 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 | $1.93 | $1.39 |
| February 2024 | $1.72 | $1.56 |
| March 2024 | $2.29 | $2.08 |
| April 2024 | $2.08 | $1.89 |
| May 2024 | $1.73 | $1.58 |
| June 2024 | $2.08 | $1.89 |
| July 2024 | $2.49 | $2.27 |
| August 2024 | $2.74 | $2.49 |
| September 2024 | $2.88 | $2.62 |
| October 2024 | $2.74 | $2.49 |
| November 2024 | $3.02 | $2.74 |
| December 2024 | $3.38 | $3.07 |
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 a 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 2025 suggests it might reach a maximum of $5.26 and a low of $2.33, by the end of 2025.
Polygon price prediction for 2025 is mentioned below:
| When | Maximum Price | Minimum Price |
| January 2025 | $3.87 | $2.61 |
| February 2025 | $3.73 | $2.48 |
| March 2025 | $3.87 | $2.61 |
| April 2025 | $3.56 | $2.33 |
| May 2025 | $2.98 | $2.53 |
| June 2025 | $3.36 | $2.78 |
| July 2025 | $3.91 | $2.65 |
| August 2025 | $4.25 | $2.41 |
| September 2025 | $4.78 | $2.53 |
| October 2025 | $4.65 | $2.41 |
| November 2025 | $4.91 | $2.65 |
| December 2025 | $5.26 | $2.97 |
Matic Price Prediction (in INR)
Polygon Matic Price Target in 2023 in INR
Experts suggest, Polygon should reach ₹132.7 by the end of 2023.
| When | Maximum Price | Minimum Price |
| August 2023 | ₹96.4 | ₹68.91 |
| September 2023 | ₹88.3 | ₹61.40 |
| October 2023 | ₹93.2 | ₹65.45 |
| November 2023 | ₹105.1 | ₹70.30 |
| December 2023 | ₹132.7 | ₹79.90 |
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 | ₹126.96 | ₹115.42 |
| February 2024 | ₹142.65 | ₹129.69 |
| March 2024 | ₹190.21 | ₹172.91 |
| April 2024 | ₹172.91 | ₹157.20 |
| May 2024 | ₹144.10 | ₹131.00 |
| June 2024 | ₹172.91 | ₹157.20 |
| July 2024 | ₹207.50 | ₹188.63 |
| August 2024 | ₹228.25 | ₹207.50 |
| September 2024 | ₹239.66 | ₹217.87 |
| October 2024 | ₹228.25 | ₹207.50 |
| November 2024 | ₹251.07 | ₹228.25 |
| December 2024 | ₹281.20 | ₹255.64 |
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 500% jump in next 3 years.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹313 | ₹217.29 |
| February 2025 | ₹297 | ₹206.43 |
| March 2025 | ₹313 | ₹216.75 |
| April 2025 | ₹288 | ₹193.53 |
| May 2025 | ₹231.39 | ₹210.35 |
| June 2025 | ₹274.53 | ₹231.39 |
| July 2025 | ₹302.41 | ₹220.37 |
| August 2025 | ₹340.37 | ₹200.34 |
| September 2025 | ₹387 | ₹210.35 |
| October 2025 | ₹378.37 | ₹200.34 |
| November 2025 | ₹392.41 | ₹220.37 |
| December 2025 | ₹425 | ₹246.81 |
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 SELL call for most of the timeframe: Hourly, Daily, Weekly, Monthly. You can view this trading chart yourself!
Price Forecast: Polygon Price Prediction in INR: 2023 to 2030
- Polygon 2023 Price Prediction in INR: MATIC is forecasted to touch ₹132.5 by the end of 2023.
- MATIC 2024 Price Forecast in INR: Polygon coin is predicted to touch ₹314 by the end of 2024.
- Matic Price Prediction 2025 in INR: MATIC Polygon is expected to touch ₹425 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 2023?
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 they invest 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 Ethereum blockchain and the recent massive blockchain adoption might favour this.
Hence, MATIC can be considered as an investment right now.
From mid 2021, we hardly saw Polygon trading below 0.5USD. This makes it a good pick around 0.5 to 0.6USD for long term hold, with less downside. 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 towards 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 5USD?
As per Cryptobullsclub’s Price prediction, Polygon has the potential to reach 5USD by 2025.
Can Matic reach 10USD?
Matic could reach 10USD 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 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 thousands 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 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 500INR?
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 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 2030. And in INR MATIC Polygon is predicted to touch ₹880 by the end of 2030.
Related Articles :
- What is TRON? TRX price prediction
- What is SHIBA INU? Price prediction and Analysis
- What is NEXO? Price prediction for 2023-2025
Check out this useful youtube video to know more about Polygon MATIC:
Disclaimer: Matic (Polygon) Price Forecast for 2023 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: 14th August, 2023
