Polygon (MATIC) Price Prediction 2025-2030: MATIC to $30 if this goes to plan
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
Are you unhappy as a MATIC holder? Well, chances are you are.
There is some good news, however – You are not alone. What’s more – It’s likely that there will be more good news going forward on the back of the market’s general bullishness.
Consider this – The crypto-winter saw MATIC fall all the way down to $0.324 on 19 June 2022 – Its lowest level in over a year.
Does this reversal signal a bull run or is it a dead-cat bounce waiting to fleece unknowing investors? In this article, we will take a look at events that have influenced MATIC’s price and the ones that will affect its future.
On 27 September, Polygon, the firm behind the thirteenth-largest crypto by market capitalization, came out with exciting news when it announced that popular trading platform Robinhood had chosen Polygon as the first blockchain network to debut its Web3 wallet, bringing DeFi closer to retail investors.
In other news, Polygon informed users that Ethereum’s Merge had dramatically reduced its carbon dioxide emissions.
MATIC’s YTD chart may suggest a buy signal, given that the crypto is currently trading at $0.771, compared to $2.58 at the beginning of the year. While this may look like a ripe opportunity to beef up MATIC holdings at a discounted price, it is important to look at other factors while making an investment decision.
Numbers from the trading volume, however, are quite worrisome. Ethereum’s most popular layer 2 scaling solution has lost more than 62% of its daily trading volume over the past seven days. $272 million worth of MATIC were traded over the past 24 hours, compared to
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