Home Altcoins News Polygon Price Prediction 2023-2032: What to Expect for MATIC in the Coming Years

Polygon Price Prediction 2023-2032: What to Expect for MATIC in the Coming Years

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1. NFT Buying Surge: In recent weeks, MATIC price witnessed a remarkable surge in its NFT sales. According to Dune Analytics, the total sale surpassed the 39K mark on 23 and 24 July.

2. Polygon 2.0 Governance: Polygon Labs developers proposed a new three-pillar governance structure for Polygon 2.0: an expanded proposal framework for network upgrades, a community-led system for protocol changes, and a treasury mechanism for funding projects and growth.

3. MATIC To POL Token: Polygon, a company specializing in Ethereum layer-2 development, has suggested an upgrade to its Polygon MATIC token. This would transform it into a versatile token capable of validating multiple chains.

The technical enhancement proposal for MATIC is pending approval from the Polygon community. If accepted, the upgrade would lead to a change in MATIC’s name to POL, reflecting its new multipurpose functionality.

4. Breaking: Polygon Labs recently proposed an upgrade to its proof-of-stake chain to a zkEVM validium following the unveiling of Polygon 2.0. This move, aimed at enhancing security and performance, is a significant stride towards their goal of capturing the internet’s “value layer”. The proposal also outlines plans for integrating zero-knowledge proofs, seen as the future of smart contract blockchains, separate from Polygon’s zkEVM introduced in March.

5. Polygon 2.0: Polygon’s team has recently introduced Polygon 2.0, aiming to construct the Value Layer of the Internet.

Therefore, Polygon 2.0 will function as a foundational framework for generating, exchanging, and programming value. The team asserts that Polygon 2.0 will play a crucial role in democratizing the global economy, similarly to how the internet facilitated democratized access to information.

6. Delist: In response to the classification of certain tokens as securities by the U.S. Securities and Exchange Commission (SEC), eToro, a retail trading platform, has suspended the buying of cryptocurrencies like Algorand [ALGO], Decentraland [MANA], Dash [DASH], and Polygon [MATIC] for its customers residing in the United States. This decision has been implemented by the platform.

Polygon Price Prediction 2023

Our comprehensive technical analysis of past MATIC price data suggests that in 2023, Polygon’s price is likely to reach a minimum level of $0.89. The MATIC price has the potential to hit a maximum level of $1.02, with an average trading price of around $0.92.

Polygon Price Prediction 2024

In 2024, we predict that the price of Polygon will achieve a minimum value of $1.30. The Polygon price could potentially hit a maximum value of $1.53, maintaining an average trading price of $1.34 throughout the year.

MATIC Price Forecast for 2025

By 2025, we expect the price of a single Polygon to reach a minimum level of $1.88. The MATIC price could potentially hit a maximum level of $2.31, with an average price of around $1.95 throughout the year.

Polygon (MATIC) Price Prediction 2026

In 2026, we predict that the price of Polygon will achieve a minimum level of $2.71. The Polygon price could potentially hit a maximum level of $3.35, maintaining an average price of $2.80 throughout the year.

Polygon Price Prediction 2027

By 2027, we forecast that the price of Polygon will reach a minimum level of $3.81. Based on our analysis, the MATIC price could potentially hit a maximum level of $4.67, with an average forecast price of around $3.92.

Polygon Price Prediction 2028

Based on our forecast and technical analysis, we expect the price of Polygon to achieve a minimum price value of $5.23 in 2028. The MATIC price could potentially hit a maximum price value of $6.68, maintaining an average value of $5.42.

Polygon (MATIC) Price Prediction 2029

Based on our forecast price and technical analysis, we predict that the price of Polygon will reach a minimum level of $7.44 in 2029. The MATIC price could potentially hit a maximum level of $9.25, maintaining an average trading price of $7.66.

Polygon Price Forecast 2030

In 2030, we forecast that the price of Polygon will reach a minimum level of $10.42. Based on our findings, the MATIC price could potentially hit a maximum level of $12.76, maintaining an average forecast price of $10.80.

Polygon (MATIC) Price Prediction 2031

In 2031, we predict that the price of Polygon will achieve a minimum value of $15.57. The Polygon price could potentially hit a maximum value of $17.93, maintaining an average trading price of $16.00 throughout the year.

Polygon Price Prediction 2032

Based on our comprehensive technical analysis of past MATIC price data, we forecast that in 2032, the price of Polygon will be around a minimum value of $23.53. The Polygon price could potentially hit a maximum of $26.93, maintaining an average trading value of $24.17.

Polygon Price Prediction By Coincodex

According to the current Polygon price prediction by Coincodex, they forecast a rise of 29.53% in the price of Polygon, reaching $ 1.000194 by July 22, 2023. Coincodex’s technical indicators currently suggest a Bearish sentiment, while the Fear & Greed Index displays a score of 54, indicating a Neutral stance.

Over the past 30 days, Polygon has recorded 18 out of 30 green days, equating to 60%, with price volatility of 8.32%. Based on Coincodex’s Polygon forecast, they advise that it is currently not an optimal time to purchase Polygon.

The forecast for Polygon’s price in 2025, as currently predicted, ranges from a low of $ 1.299274 to a high of $ 5.21. If Polygon, or MATIC, achieves the upper price target, it could represent a gain of 567.75% compared to its current price.

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Pankaj K

Pankaj is a skilled engineer with a passion for cryptocurrencies and blockchain technology. With over five years of experience in digital marketing, Pankaj is also an avid investor and trader in the crypto sphere. As a devoted fan of the Klever ecosystem, he strongly advocates for its innovative solutions and user-friendly wallet, while continuing to appreciate the Cardano project. Like my work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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