Polygon Price Prediction for 2024, 2025, 2030

Polygon is an Ethereum side chain and layer two scaling solution that has seen significant enterprise and industry adoption over the past 12 months. With that, many analysts are excited about the future price of its native coin, MATIC.

This Polygon price prediction looks at the ecosystem, adoption, underlying tech, and technical analysis to forecast the Matic price between 2024 and 2030.

Polygon Price Prediction Summary

  • The Polygon network began as the Matic Network before rebranding; hence its coin’s ticker symbol, MATIC.
  • The initial Polygon price was $0.004418.
  • MATIC is down 77% from its December 2021 all-time high (ATH) of $2.92, currently priced at $0.6465.
  • Our Polygon price prediction estimates a price of $2.35 by the end of 2025.

Year Minimum Price Average Price Maximum Price
2024 $0.95 $1.46 $1.97
2025 $1.5 $2.35 $3.2
2030 $3 $4.5 $6

Polygon Price History

Polygon was created in 2019, originally under the name of Matic. The coin’s roots are in the Binance exchange, where it underwent an ICO in 2019 at a price of $0.00263. According to CoinMarketCap, the initial launch price after its ICO was $0.004418.

Until 2021, the MATIC price remained relatively flat, trading at just a few cents. However, in January 2021, as the broader market began to pick up, MATIC exploded above $0.1. This was due to gas fees increasing on the Ethereum network and the narrative above layer two scaling solutions picking up.

Following this, MATIC followed a strong upwards trajectory, reaching $2.44 in May 2021 before correcting.

The price reached support of around $0.689 in July 2021 before climbing steadily to its ATH of $2.92 on 27 December 2021.


After its ATH, a crypto bear market ensued, causing MATIC to drop to lows of $0.3466. Since then, the coin has recovered to $0.6452 but is still down 77% from its ATH.

In the last month, Polygon has seen a significant selloff, down 25%. This is because the SEC has sued Binance and Coinbase for selling unregistered securities. Unfortunately for Polygon, it was one of the cryptos named a security by the SEC.

Adding fuel to the fire, Robinhood has announced it will delist Polygon, Cardano and Solana, liquidating any of the coins left on its exchange on 27 June. This has caused fear in the coins’ communities since the extra sell pressure could harm their prices.

That said, it is likely lots of this fear is already priced into the recent collapse in price.

Polygon price history key points:

  • Polygon launched in 2019 with a Binance ICO priced at $0.00263.
  • MATIC began trading at $0.004418 following its exchange launch.
  • The coin reached an ATH of $2.92 on 27 December 2021.
  • Currently, MATIC is down 77% from its ATH.
  • MATIC has decreased 25% in the last month following the SEC suing Binance and Coinbase.

Polygon Price Prediction 2024

Since the Bitcoin halving will take place next April, most analysts predict the next bull market will occur in 2024. This is backed up by the recent events of institutions racing to get Bitcoin spot ETFs approved.

With this in mind, we will likely see Polygon begin to uptrend in 2024. However, regulatory uncertainty could stunt its growth. We saw this with the price of XRP during the last bull run, where it could not regain its previous bull run’s ATH due to the SEC lawsuit.

However, MATIC is a utility coin to the Polygon ecosystem, required to pay gas fees to use the network, among other things. Therefore, there is still a significant chance that the SEC’s allegations are incorrect, and MATIC could be proven a currency and, thus, a commodity rather than a security.

Another exciting thing about the Polygon network is that it has seen the highest level of enterprise adoption among all Ethereum scaling solutions.

Companies like Starbucks, Nike, Reddit and Facebook are all building on the Polygon network. This is a testament to the Polygon business development team but also shows that large corporations are less concerned about the regulatory uncertainty on Polygon.

With this in mind, Polygon could gain considerable bullish momentum as the enterprise adoption narrative builds during the 2024 bull market.

The Polygon team have also recently announced the release of an AI tool, Polygon Copilot. Powered by ChatGPT, Polygon Copilot will empower developers to analyse data and gain insights into their Polygon dApps. Essentially, this should make building on Polygon even, leading to better dApps and an improved user experience.


Considering this, Polygon has lots of room for growth heading into 2024. Our Polygon price prediction estimates possible highs of $1.97, lows of $0.95 and an average price of $1.46 by the end of 2024.

Polygon Price Prediction 2025

During a bull market, Ethereum gas fees skyrocket, becoming unaffordable for the average crypto user. This is why Polygon gained so much hype during the previous bull market. While we could see history repeat itself in 2025, Polygon faces much stiffer competition this time in the likes of Arbitrum, Optimism and Starknet.

That said, Polygon’s PoS chain can theoretically compute up to 65,000 transactions per second (TPS) and can process transactions for less than other chains like Arbitrum and Optimism.

However, its PoS chain comes with several drawdowns too. Since it was launched in 2019, it is one of the oldest Ethereum sidechains. One of the main drawdowns is its transaction finality. On Polygon PoS, transactions can take one or two minutes to process.

In comparison, finality occurs in one second on a chain like the Binance smart chain. Ultimately, this leads to usability issues on Polygon PoS.

Yet, in recent years, Polygon has been working on a “Zero Knowledge rollup” (ZK rollup) solution known as PolygonzkEVM. This is an Ethereum-compatible blockchain that computes transactions off the main chain, publishing only cryptographic proof of the transaction to the main chain.

This requires less data to be stored on the main Ethereum chain, helping with scalability while benefiting from Ethereum’s security and finality. Also, ZK rollups offer near-instant transaction finality.

Polygon has recently released PolygonzkEVM to the public, and it is one of the first ZK Rollups to be released. This is a significant step forward for the Polygon ecosystem. providing it with a “first mover advantage”.

Considering its enterprise adoption, innovative tech solutions and success thus far, Polygon could reach a new ATH in 2025. However, the coin’s centralization and ongoing SEC saga also present downside risk.

Our MATIC price prediction 2025 estimates a possible high of $3.2, a low of $1.5 and an average price of $2.35 by the end of 2025.

Polygon Price Prediction 2030

Polygon’s “Swiss Army knife” approach to crypto by providing multiple solutions for different tasks presents significant potential. However, it also means the project risks being outmaneuvered by projects focusing on only one solution.

For example, since launching its PoS chain in 2019, it has taken Polygon four years to release its following product: the PolygonzkEVM. This means Polygon could struggle with inefficiency in the long term, particularly considering the competitiveness of the Ethereum layer two industry.

However, in an exciting new development, Polygon Labs has proposed upgrading the Polgyon PoS chain to zkEVM. This would increase the chain’s speed and security and enable the Polygon team to focus on improving their ZK rollup technology.

With this in mind, Polygon undoubtedly has the potential to be one of the best long-term cryptos, particularly considering it has been the go-to chain for large corporations onboarding to web3 thus far.

Looking at the Fibonacci Retracement indicator on the Polygon price chart below shows MATICs long-term growth potential.


Considering this, our 2030 Polygon price prediction forecasts possible highs of $6, lows of $3 and an average price of $4.50.

Possible Lows and Highs of Polygon Price

Throughout this MATIC price prediction, we have given our bull and bear cases, looking at whether it could be one of the best altcoins. Below, we have summarized our possible lows and highs.


Year Minimum Price Maximum Price
2024 $0.95 $1.97
2025 $1.5 $3.2
2030 $3 $6

What Do Other Analysts Forecast for Polygon

The best way to identify the most promising cryptos is by collecting forecasts from multiple sources. Therefore, we have compiled the Polygon MATIC price predictions from several different analysts below.

According to CoinCulture’s MATIC price forecast, the price will reach possible highs of $2.08, lows of $0.85 and an average price of $1.46 by the end of 2024.

The Changelly Polygon price prediction estimates a maximum price of $1, lows of $0.72 and an average trading price of $0.86 by the end of 2024.

Based on the CryptoNewZ Polygon forecast, the price could reach between $0.85 and $2.07 by the end of 2024.

AMBCrypto‘s MATIC cryptocurrency price prediction forecasts lows of $1, highs of $1.90 and an average price of $1.45 by the end of 2024.

CoinPedia’s MATIC Polygon price prediction estimates a potential high of $1.835 and a low of $0.958, with an average price of $1.414 by the end of 2024.

What is Polygon and What is it Used For?

Polygon is an Ethereum sidechain and layer two scaling solution. It features a PoS blockchain, launched in 2019, and a newer zkEVM chain. PolygonzkEVM boasts countless benefits, such as instant transaction finality, high security and the ability to store much less data on the main Ethereum chain.

Interestingly, Polygon is the go-to chain for companies such as Starbucks, Nike and Reddit to build in crypto. This has actually caused the number of active addresses on Polygon to climb since its ATH in December 2021.


This is because companies like Reddit and Starbucks use the Polygon blockchain technology and manage crypto wallets for users on their platforms. Most end users do not even know they are using blockchain technology.

In regards to the MATIC token utility, its main purpose is to pay gas fees when making transactions. Also, network validators need MATIC for staking to compute transactions and earn rewards on the network.

Polygon Overview

Cryptocurrency Polygon
Ticker Symbol MATIC
Rank 12
Price $0.6692
Price Change 24H 6.61%
Market Cap $6,692,424,326
Circulating Supply 9,289,469,069.28 MATIC
Trading Volume 24H $424M
All Time High $2.92
All Time Low $0.003012

What Influences the Price of Polygon

The main factor determining whether Polygon can be one of the best coins for the next bull run is the outcome of the SEC’s allegations of Polygon being a security. If proven not a security or the case moves in Polygon’s favor, the price of MATIC will have much more growth potential.

Another important factor to consider is the Ethereum layer two market share. As mentioned, Polygon faces stern competition in the likes of Arbitrum, Optimism, Starknet, Loopring and many more. So far, Polygon is the market leader, but if the competition gains popularity, it may stump Polygon’s price potential.

Network adoption could also play a significant role in the price of MATIC. The Polygon price will rise if it attracts more companies and crypto projects to build on the blockchain.

Finally, the broader market’s performance will contribute to Polygon’s price potential. As we move into a bull market, we will likely see the price break out of its current range, creating new local highs. However, if the crypto market takes another leg down, we expect Polygon to do the same.

Is Polygon a Buy?

Polygon is touching all bases between its PoS chain, zkEVM chain, and other ecosystem developments. However, it also faces three main risks: regulatory pressure, centralization and competition.

While Polygon could undoubtedly be one of the best long-term cryptos, it is important to consider these risks since they could hurt Polygon’s price.

Best Place to Buy Polygon

The sections below discusses one of the top crypto exchanges from where you can purchase Polygon (MATIC) – Binance. We discuss the features, payment methods, fees, and additional use cases of this popular exchange.

Binance – Leading Crypto Exchange Used By 160 Million + People

The top recommended exchange from where to purchase Polygon (MATIC) is Binance. One of the most popular exchanges, Binance has the highest trading volume in the world.

This cryptocurrency exchange allows traders to buy and sell more than 400 digital assets – including Polygon. To start trading Polygon on Binance, you can make a minimum deposit of just $50 (For US members only).

Binance home

Binance supports deposits via bank transfers, ACH transfers, VISA, Mastercard, and credit/debit cards. While credit cards lead to an additional 4.5% fee, ACH transfers can be used free of cost.

Used by more than 160 million customers from around the world – Binance stands out for its low fee structure. Investors can start trading cryptos such as Polygon by paying fees as little as 0.1% per transaction. BNB token holders can avail of a further 25% trading discount.

This exchange has features that suit all kinds of investors. Beginners can access demo trading accounts and an online Binance Academy, while experienced traders can access leverage and margin trading.

Binance also supports staking options and swap farming features on its exchange. The platform is available via desktop, or via iOS and Android on mobile.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.


Overall, Polygon could be one of the most promising Ethereum scaling solutions. However, it comes with the abovementioned risks and already has a significant market cap, limiting its growth potential.

Therefore, we have compiled a list of our choices for the best cryptos to buy now. We ranked these altcoins based on key metrics such as price history, use cases, community backing and much more.

Investors can purchase Polygon through Binance – one of the top crypto exchanges in the world, used by more than 160 million people. Binance offers low cost trades – starting at only 0.1% per transaction.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.









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Elliott Lee
Elliott Lee

Elliott is a British cryptocurrency journalist and copywriter. Having spent the past couple of years immersed in everything crypto, he now spends his time researching the most impactful cryptocurrency trends. He looks for projects with long-term visions and is a huge believer that blockchain technology can solve the world's most pressing issues.