Polygon (MATIC) Price Prediction 2025-2030: Is $25 within reach of MATIC by 2030
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.
Polygon is arguably Ethereum’s best layer-2 scaling solution. For a project that started in 2017, Polygon has grown rather quickly. The network has processed more than 1.8 billion transactions till date. Sandeep Nailwal and his team wouldn’t have anticipated that they would have more than 4 billion of their native token MATIC staked within 5 years of its launch.
According to PolygonScan, there are more than 170 million unique Polygon addresses. Just this month alone, the network has added 2.3 million new addresses, at an average rate of almost 150,000 per day.
On the other hand, MATIC’s YTD chart reveals a much different story. Since January, the crypto ranked 12 on CoinMarketCap has tanked almost 68%, dropping from $2.58, all the way down to $0.82. Part of this loss can be attributed to the notorious crypto winter that has not spared any crypto.
However, the most recent event that has affected Polygon is Ethereum’s merge that saw the network shift to a proof-of-stake consensus model.
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