Table of Contents
What is a Polygon (MATIC-POL)?
Polygon (MATIC) Price History
Polygon (MATIC) Price Prediction for 2024
Polygon (MATIC) Price Prediction for 2025
Polygon (MATIC) Price Prediction for 2030
Some Frequently Asked Questions (FAQs)
- What will Polygon (MATIC) price in 2025?
- How to buy Polygon (MATIC) in India?
- Is Polygon (MATIC) a good buy?
- Is Polygon (MATIC) a risky investment?
- Will Polygon Matic reach $5?
- Where to buy Polygon (MATIC) in India?
If you are in the crypto game, you must have a bit of $MATIC in your portfolio. After all, it is one of the most preferred tokens for diversifying risk and boosting your crypto investment. Among the pioneer Ethereum scaling solutions, Polygon (MATIC) is one of the top crypto projects by market cap.
Due to this digital asset's good position, every MATIC lover wishes to know its future price movements to maximize profits. That’s why we brought the below MATIC price prediction for 2024, 2025, 2026, 2030, 2040, and 2050 while also answering the question, “Can Polygon reach $1000?”
It is a quick analysis of the current and historical price movements, indicators, and sentiments related to Polygon. If you read it to the end, you will surely get an informed perspective on this crypto and its possible performance.
Let’s begin by knowing the basics about Polygon (MATIC)
What is a Polygon (MATIC-POL)?
It’s challenging to understand the story of Polygon without knowing its relation with Ethereum.
So, let’s start from there.
We all know that Ethereum is a thriving hub for NFTs, DeFi, and DApps. Its compatibility with Smart contracts makes it the preferred blockchain ecosystem for building decentralized assets of multiple types. However, this rising popularity proves a double-edged sword for Ethereum as it adds many transactions for it to process, due to which Ethereum blockchain experiences high traffic, exponentially soaring its transaction fee (gas). This surge is sometimes so high that it becomes infeasible for many people.
That’s where Polygon (MATIC) comes as a saviour.
Launched in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Polygon is a layer-2 (an add-on layer) scaling solution for Ethereum that exists to provide faster and more affordable transactions for its users. Currently, it supports more than 7,000 dApps and counting. $MATIC is the native token of this platform.
Polygon aims to help Ethereum scale and improve its security and efficiency. To do that, it runs parallel with the Ethereum blockchain at a faster speed. You can think of it like an express train running parallel but faster than a local train (Ethereum) with fewer stops. This setup makes everything built on Polyon cheaper and faster. Notably, Polygon does not plan to duplicate Ethereum functionality but only plans to be a helping hand for it. That is why, Polygon calls itself “Ethereum’s Internet of Blockchains.”
Each dApp based on Ethereum can be turned into a Polygon sidechain to operate in a comparatively faster and more efficient ecosystem. This conveys that Polygon is a collection of side chains that aim to reduce the load from the main blockchain (Ethereum in this case). Polygon (MATIC) works on the PoS (Proof of Stake) mechanism to validate blocks and maintain a consensus.
Its native token, MATIC, acts as the platform currency for Polygon, where users can pay gas fees and other charges. The validators and delegators of the network also earn rewards in MATIC tokens, which have a capped supply of 10 billion tokens.
Recently, Polygon Labs, the main developer firm behind Polygon Network, announced the launch of Polygon 2.0. This new version of the Polygon network would be more scalable, compact, and secure than the existing version. Its technical implementation will also involve migrating the MATIC token to the new POL token. The original plan for this next step in the Polygon roadmap was initially proposed to the community in July 2023. The proposal involved a technical upgrade enabling POL to become the native gas and staking token for Polygon’s PoS (proof-of-stake) chain. MATIC holders are not required to do anything to migrate their MATIC tokens to POLs, as the network will automate the conversion.
Now, let’s talk about the price journey of this crypto so far.
Polygon (MATIC) Price History
Source: Coincodex.com
In 2017, Polygon Network issued 3.8% of MATIC’s total supply through a private sale. After two years, in 2019, the MATIC token was launched for public sale through an initial exchange offering (IEO). The platform issued 19% of its total supply by that sale for a $0.00263 average price. The coin experienced bullish months post-launch, soaring its average price to around $0.01 in 2020.
In February 2021, the project rebranded from Matic Technology into Polygon Technology to widen its description as a web 3.0 and metaverse company. It began a bullish rally for MATIC as the token rose over 7000% in the next three months and finally hit its ATH of $2.68 in May.
However, soon after hitting ATH, the coin started a downward rally that made it lose most of its gains by July 2021, when it went as low as $0.7. But it regained its price after completing some strategic partnerships with big players like Uniswap and Opera. As a result, MATIC resumed its upward rally, surpassing its previous ATH and hitting a new one at $2.92 in December 2021.
2022 marked the start of a prolonged crypto winter. With so many crypto institutions filing for bankruptcy and many scams surfacing, the crypto market experienced a bearish year. It led Polygon (MATIC) to lose over 70% of its value by June 2022. The token managed to recover and end the year at $0.7.
In 2023, with the market sentiments getting better, Polygon (MATIC) regained its $1 mark. However, it soon lost multiple support levels in 2024 after a good start. At the time of writing, it is trading at $0.40.
It covers what has happened in the Polygon (MATIC) journey so far.
Now, let’s know about its possible future outlooks in the Polygon price prediction sections below for 2024, 2025, 2026, 2030, 2040 and 2050.
Polygon Price Prediction for 2024
If the technological growth of Polygon (MATIC) continues in 2024, there is a high chance that Polygon prices will experience a more significant rally this year. It is because of the recent bitcoin halving event completed in April 2024. Historically, Bitcoin halvings have been the biggest catalyst in driving the strong bull runs. Thus, positive market sentiments due to halving are likely to boost the MATIC price by the end of 2024.
However, during the last bitcoin halving in 2020, the price of Polygon (MATIC) did not see any noteworthy shift. And so, the possibility of it moving sideways also persists for 2024.
Since the beginning of 2024, the MATIC price has fallen from $1.01 to $0.40 after showing some signs of rebound, losing over 60% of its value. The MATIC price has to cross the crucial resistance of $1 to restart its bullish momentum, which needs a strong catalyst. The upcoming launch of Polygon 2.0 can prove to be that catalyst, as the main developers announced that the swap of MATIC tokens to the new POL tokens would begin on September 4, 2024. As part of this migration, Polygon network already started testing their upgraded POL token in July 2024 to identify or fix any issues before making it live on the mainnet.
The Polygon network participants have been waiting for this key implementation of the Polygon 2.0 upgrade. This indicates that the successful migration of MATIC to POL can lead to a trend reversal. If it happens, the MATIC price can begin an upward rally and break its strong resistance of $1 by the end of 2024.
On the other hand, the number of MATIC holders who are currently in profit is also at staggering lows. This suggests that the market behaviour towards MATIC may soon change. Such situations often discourage selling, as investors are less likely to sell at losses. Therefore, the downward side of MATIC is less than the upward side. That said, a gradual recovery might be on the way for the asset.
Our MATIC price prediction for 2024 in USD ranges from $1.1 (maximum), $0.3 (minimum) and $.8 (average).
The same Polygon price prediction for 2024 in INR is - INR 92 (maximum), INR 26 (minimum) and INR 67 (average).
| Polygon Price Prediction 2024 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2024 USD | $1.1 | $0.3 | $0.8 |
| MATIC Price Prediction 2024 INR | INR 92 | INR 26 | INR 67 |
MATIC-POL Price Prediction for 2025
Polygon price prediction 2025 will likely be highly bullish. This possibility is due to the historical repetition of price movements by multiple cryptocurrencies post-bitcoin halving. The crypto market has been recording an extremely bullish year after halving, which may be the case with 2025.
Another bullish factor is the continuous progress of Ethereum. Since its success is directly related to Polygon, it may add up to the bullish rally of the Polygon price. Thus, the odds favour 2025 turning into a bullish year for Polygon (MATIC). So MATIC price prediction for 2025 in USD is- $6.25 (maximum), $3.84 (minimum) and $5.045 (average).
The exact Polygon price prediction for 2025 in INR is - INR 521.8 (maximum), INR 320.64 (minimum) and INR 417.5 (average).
| Polygon Price Prediction 2025 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2025 USD | $6.25 | $3.84 | $5.045 |
| MATIC Price Prediction 2025 INR | INR 521.8 | INR 320.64 | INR 417.5 |
POL Price Prediction 2026
Polygon (MATIC) price can be prone to high volatility and correction in 2026. This is due to the typical trend of undergoing price stablization once the euphoric phase of the crypto bull run ends. Most cryptocurrencies have showcased this pattern in multiple crypto cycles, including MATIC. This is why our Polygon price prediction for 2026 is primarily bearish. However, it is important to note that MATIC can skip this correction phase if it stays relevant.
Thus, our Polygon price prediction for 2026 in USD ranges between $2 (minimum) and $4 (maximum, with the average price point being $3.7 (average).
The same Polygon price prediction for 2026 in INR is - INR 167 (minimum), INR 335 (maximum) and INR 310 (average).
| Polygon Price Prediction 2026 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2026 USD | $4 | $2 | $3.7 |
| MATIC Price Prediction 2026 INR | INR 335 | INR 167 | INR 310 |
POL Price Prediction 2030
Looking at the current developments and roadmaps of Polygon (MATIC), it has great potential for the long term. Moreover, its powerful partnerships with big players like Adobe, Nike, NFL, Walt Disney, Reddit, and many more can also thrive by 2030, giving it an edge over its competitors. If the token widens its partnerships, it can become a top cryptocurrency by market cap in 2030. Furthermore, by 2030, the crypto market will experience two bitcoin-halving-driven bull markets. It will also help boost the MATIC price by 2030.
However, it will only be possible if everything goes smoothly for the market and Polygon. The prices may miss their expected mark if the market experiences any serious black swan event.
Given all these factors, our maximum Polygon price prediction for 2030 is $10.4, with the minimum price being $6.7 and average price being $8.55.
The exact Polygon price prediction for 2030 in INR is - INR 868.4 (maximum), INR 559.45 (minimum) and INR 713.5 (average).
| MATIC Price Prediction 2030 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2030 USD | $10.4 | $6.7 | $8.55 |
| MATIC Price Prediction 2030 INR | INR 868.4 | INR 559.45 | INR 713.5 |
POL Price Prediction 2040
Commenting on the Polygon price prediction for 2040 involves many uncertainties, but some potential trends can be considered. Over the next 16 years, Polygon will likely see significant adoption as blockchain technology becomes more mainstream. If Polygon maintains its role as a leading Ethereum layer-2 solution, MATIC's (POL by then) price may experience substantial growth.
The maturing crypto market by 2040 may also result in less volatility and more stable, sustained price increases for major tokens like MATIC. However, several risks could negatively impact the industry, including competition from other technologies, regulatory changes, and broader economic factors. Thus, a balanced estimate could place the MATIC price prediction between $100 (minimum) and $250 (maximum), with an average price point of $180.
On that note, the MATIC price prediction for 2040 in INR is —INR 20,983 (max), INR 8,393 (min), and INR 15,100 (average).
| Polygon Price Prediction 2040 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2040 USD | $250 | $100 | $180 |
| MATIC Price Prediction 2040 INR | INR 20,983 | INR 8393 | INR 15,100 |
MATIC - POL Price Prediction 2050
Due to the crypto market's highly volatile and speculative nature, the Polygon price prediction for 2050 becomes even more speculative. However, by then, the demand for scalable layer-2 solutions may surge to new highs, boosting the adoption of robust blockchain projects. So, if Polygon continues to innovate and secure its position as a leading Ethereum layer-2 solution, MATIC (or its successor, POL) could see substantial price appreciation.
Considering that scenario, our MATIC price prediction for 2050 ranges between $550 (min) and $780 (max), with $630 as the average level.
The same MATIC price prediction for 2050 in INR is INR 46,162 (min), INR 65,467 (max), and INR 52,870 (avg).
| Polygon Price Prediction 2050 | Maximum Price | Minimum Price | Average Price |
| MATIC Price Prediction 2050 USD | $780 | $550 | $630 |
| MATIC Price Prediction 2050 INR | INR 65,467 | INR 46,162 | INR 52,870 |
Approach these numbers with caution, as the long-term forecast involves multiple uncertainties and unforeseeable events.
Here is a compiled tabular representation of our Polygon price prediction for 2024, 2025, and 2030 in USD:
| Polygon (MATIC) Price Predictions USD | Maximum | Minimum | Average |
| 2024 | $1.1 | $0.3 | $0.8 |
| 2025 | $6.25 | $3.84 | $5.045 |
| 2026 | $4 | $2 | $3.7 |
| 2030 | $10.4 | $6.7 | $8.55 |
| 2040 | $250 | $100 | $180 |
| 2050 | $780 | $550 | $630 |
The same Polygon price prediction for 2023, 2024, 2025 and 2030 in INR is as follows:
| Polygon Price Predictions INR | Maximum | Minimum | Average |
| 2024 | INR 92 | INR 26 | INR 67 |
| 2025 | INR 521.8 | INR 320.64 | INR 417.5 |
| 2026 | INR 335 | INR 167 | INR 310 |
| 2030 | INR 868.4 | INR 559.45 | INR 713.5 |
| 2040 | INR 20,983 | INR 8393 | INR 15,100 |
| 2050 | INR 65,467 | INR 46,162 | INR 52,870 |
Can Polygon Reach $1000?
The current total supply of Polygon (MATIC) is 10,000,000,000, which indicates that its market cap needs to hit $10 trillion for 1 MATIC to hit a $1000 price.
To put things into perspective, you must know that the entire crypto market cap is less than $3 trillion. It means that the market cap of MATIC needs to be more than thrice the current total market cap of the entire crypto space to hit a $1000 price per unit. This condition is implausible to achieve, given the current position of Polygon and its upcoming roadmap updates. Moreover, the current price of MATIC is $0.4, meaning that it needs to surge nearly 249,900% to hit the desired $1000. Such an unbelievable price jump in Polygoon (MATIC) will not likely occur anytime soon.
Thus, Polygon can not reach $1000 anytime soon.
Some Frequently Asked Questions (FAQs)
What will Polygon (MATIC) price in 2025?
As per our MATIC price prediction for 2025, the coin can range between $3.84 and $6.25, with an average price point of $5.045. The same prediction in INR ranges between INR 320 to INR 521, with an average price of INR 417.
How to buy MATIC in India?
You can easily buy MATIC in India on the safest crypto exchanges, like Flitpay, with the lowest fees.
To Buy Polygon (MATIC) in India:
1. Register on Flitpay and create an account.
2. Verify your identity through Know-your-customer (KYC)
3. Add INR or Fiat currency, corresponding to the amount of MATIC you want to buy.
4. Instantly buy MATIC with the deposited funds.
Is Polygon (MATIC) a good buy?
The short answer is yes. Polygon (MATIC) has strong fundamental aspects like tokenomics, partnerships, use cases, and technical roadmap. Its performance has also been impressive, scoring a bullish signal in the bearish market. Its continuous attempts to fasten transaction processing and block generation show its commitment to the industry. However, the crypto market is subjected to risk and volatility. Thus, one must thoroughly analyze the project before investing in it.
Is Polygon (MATIC) a risky investment?
Whether Polygon (MATIC) is risky depends on the investor's perspective. Polygon (MATIC) is a volatile investment as part of the crypto market. However, if an investor has a good risk appetite, Polygon (MATIC) can be a good option for their portfolio.
Will Polygon Matic reach $5?
According to our analysis, Polygon's price is likely to hit the $5 mark by 2025. The upcoming Bitcoin halving, the technical advancements of Polygon, and the rising popularity of Ethereum are likely to be the reason behind this price reach.
Where to buy Polygon (MATIC) in India?
You can buy Polygon (MATIC) in India through Flitpay. Here is the link to make your MATIC purchase https://www.flitpay.com/quick/otc/buy-matic/inr
