Polygon (MATIC) Price Prediction 2021 and Beyond – Will MATIC Reach $10 in 2021?

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Every day, different projects introduce new solutions for various issues regarding blockchain technology. Since blockchain is still being experimented with, many drawbacks are being continuously identified. Two of the biggest flaws of many cryptocurrencies are scalability and their inability to cooperate with other blockchain networks. Ethereum, the second-biggest cryptocurrency by market capitalization, has fallen victim to these issues. However, many projects tackle these issues and fight against them. One of the most promising ones is Polygon – a unique scaling solution.

Throughout this article, we will try to elaborate on the fundamentals of Polygon. Moreover, we will analyze its market performance and its price history. To wrap it up, our analysis will make it possible for us to estimate the future market performance of this project.

Polygon (MATIC) Fundamental Analysis

To begin with, this project is based in India and was launched in 2017. Polygon was initially known as the Matic Network. However, in February 2021, the project was rebranded to the Polygon that we know today. The Matic Network was founded by Anurag Arjun, Jaynti Kanani, and Sandeep Nailwal – with the latter two being experienced blockchain developers. Even though the project was rebranded, the native token of Polygon, MATIC, continues to exist. MATIC is an ERC-20 token, meaning that it runs on the Ethereum blockchain. It is mostly used to secure the system and enable governance. Polygon has a maximum supply of 10 billion MATIC and, as of right now, only 6.4 billion MATIC are in circulation.

Polygon (MATIC) Price Prediction 2021 and Beyond - Will MATIC Reach $10 in 2021?
Polygon (MATIC) Token Distribution. Source: Polygon

This project was firstly launched on the Etheruem Network, before migrating to its network two years after its initial launch, in 2019. Polygon is also known as the first well-built scaling solution, having a very well-structured and easy-to-use platform. In short terms, Polygon is a decentralized protocol that builds and connects blockchain networks on the Ethereum network. According to their website, more than 400 DApps have already benefited from the solution Polygon provides. They claim that their platform is built specifically for developers; adding that, when compared to other multi-chain systems such as Avalanche and Polkadot, Polygon is more open, more powerful, and secure. Because of its potential, the project is backed by crypto industry giants such as Coinbase and Binance – two of the leading cryptocurrency exchanges.

Polygon (MATIC) Price Prediction 2021 and Beyond - Will MATIC Reach $10 in 2021?
Brief Comparison of Polygon and its Competitors. Source: Polygon Technology

Simply put, Polygon is a Layer-2 scaling solution for Ethereum. Additionally, Polygon uses the Plasma framework by combining it with a Proof-of-Stake (PoS) mechanism. Since it uses Plasma, Polygon can store infinite DApps on its infrastructure without experiencing the issues that traditional Proof-of-Work (PoW) blockchains often do. To make this even crazier, Polygon claims that their platform can process more than 65,000 transactions per second on a single side-chain, which is way higher than Ethereum’s TPS. The above-mentioned sidechains are unique blockchains that are connected with the main Ethereum network and continuously work towards being effective backers of Decentralized Finance (DeFi) protocols that are available in Ethereum.

Polygon (MATIC) Price Prediction 2021 and Beyond - Will MATIC Reach $10 in 2021?
Visual Explanation of How Plasma Works. Source: Medium

Matic Wallet

The Matic Wallet is the official crypto wallet of Polygon, launched back in 2019. They claim that their main goal is to create a bridge between scalability issues and user experience on the Ethereum Network. Through the Matic Wallet, secure, cheap, and instant Ethereum transactions can be executed.

Polygon (MATIC) Price Prediction 2021 and Beyond - Will MATIC Reach $10 in 2021?
The Matic Wallet. Source: MaticBlog

Because it has an oversimplified user interface, they ensure you that you will have an easy time using their wallet. Another feature that differentiates them from others is the Plasma framework. To wrap it up, they have implemented the WalletConnect protocol, meaning that you can use the Matic Wallet to interact with various DApps without the need for your private keys to be exposed.

Polygon (MATIC) Price Analysis

As we stated above, Polygon migrated into its network in 2019. Since then, MATIC has seen enormous growth, leaving early investors with more than 40,000% in gains. According to Coinmarketcap, MATIC had a price of $0.003 by the end of April 2019. However, the token ate one zero up only two months later, hitting the price of $0.03 on the 21st of May. This meant a 900% increase in its price. 

Afterward, its market experienced small market movements, with its price jumping back and forth between $0.019 and $0.026. This ‘stable’ run ended by November 2019, during which month MATIC hit a new all-time high by reaching a trading value of $0.042. Its price fell back to $0.015 by December the 13th and continued to dwell around that price for the rest of the month, ending the year 2019 with a trading value of $0.013.

The year 2020 was quite a silent year for Polygon, experiencing small price movements throughout the whole year. Polygon entered the year 2020 holding a trading value of $0.014 and a trading volume of $24 million. As the year passed by, MATIC continuously bounced between $0.009 and $0.027. By the end of 2020, the token had a price of $0.017, leaving it with a 21% yearly increase.

Moving on, the year 2021 was a rollercoaster for MATIC. The token entered the year 2021 with a price of $0.018, and shortly after the year began, it nearly doubled its price by reaching a value of $0.033. Then, after its rebranding in February, MATIC entered a bullish phase. By the end of that month, the token had set a new all-time high of $0.22. Shortly after, on the 13th of March, MATIC broke its all-time high once again by hitting a trading value of $0.42. MATIC experienced a small pullback throughout the rest of March, leaving the month with a price of $0.34. 

Nevertheless, the token boomed by the end of April, surpassing the $0.50 milestone and reaching a price of $0.89. Once again, its price experienced a little drawback, going as low as $0.70. After one week, MATIC skyrocketed and hit the price of $2.68, leaving it with yet another all-time high. 

However, the last market correction hit MATIC as hard as it hit most major cryptocurrencies, leaving it with a price of $0.69 by the end of July. The token quickly bounced back and is now trading way above that price. At the time of writing, MATIC is trading at $1.50. The token has a market capitalization of $9.2 billion and a trading volume of $922 million, which gives it the 18th spot in Coinmarketcap.

Polygon (MATIC) Market Price Prediction

Coin Bureau

There are a lot of predictions going on around the crypto community and most of them are bullish right now. One active participant in doing predictions regarding different cryptocurrencies is the crypto Youtuber CoinBureau. Back in January, he claimed that MATIC may reach x10 in a matter of months, and so it did. 

On one of his latest videos regarding this cryptocurrency, CoinBureau states that, because of its fixed supply and its utility, MATIC is very likely to x10 once again. Taking into consideration that his video was posted by the end of March 2021, around the time when MATIC was trading at $0.33; his predictions tell us that this token may rise above the price of $3.30 by the end of the year.

Wallet Investor

As per WalletInvestor, this prediction website is also bullish when it comes to MATIC. According to their prediction, this cryptocurrency might continue its growth towards the end of the year, leaving 2021 with a potential price between $2.64 and $3.18. This growth would set a new all-time high for MATIC. Moreover, their forecast shows that the token might continue its growth even further, possibly reaching the price of $4.50 exactly one year from now.

When it comes to the long term, WalletInvestor’s predictions show that the coin is likely to hit new heights. They claim that exactly 5 years from today, MATIC might be trading at a price around $15.

Altcoin Daily

Another famous crypto Youtuber who made a video about Polygon is Altcoin Daily. This time, however, the prediction was based more on technical analysis rather than fundamental analysis. In her video, Wendy analyzed the price chart of MATIC and came up to the conclusion that the token’s near future looks bullish. She stated that the token may be worth at least $3.30 before the end of 2021, claiming that there is a lot more room for growth when it comes to MATIC.

However, she thinks that this growth will partly depend on the market performance of Bitcoin since Bitcoin is the driving power behind the whole market.

Crypto Academy Polygon (MATIC) Price Prediction

Polygon (MATIC) Price Prediction 2021

As for us at Crypto Academy, we believe that Polygon has quite a bright future in front of it. After analyzing its charts and doing some predictions, we created our forecast. According to our research and analysis, Polygon is likely to continue its bullish run until the end of the year, possibly leaving 2021 with a price of $8.10. If this happens, Polygon would have experienced a 34,000% growth in one year.

Polygon (MATIC) Price Prediction 2022

Moving on, the year 2022 might also be a great year for Polygon, although not as great as 2021 was. We at Crypto Academy believe that this cryptocurrency may continue to grow slowly throughout the beginning of the year. Since Polygon is here to support the Ethereum network, we believe that the launch of Ethereum 2.0 is likely to have a major impact on the price of Polygon – but nobody knows if the impact will be positive or negative for the price of Polygon. On a bearish note, Polygon may close down 2022 with a trading value just above $5; however, on a bullish note, the cryptocurrency might leave the year with a price of $6.89.

Polygon (MATIC) Price Prediction 2023

For the year 2023, Polygon might experience a small pullback at the beginning of the year. Nevertheless, as cryptocurrencies start getting implemented more and more in today’s global systems, Polygon is likely to experience more growth too. Our forecast shows that Polygon may hit a yearly high of $9.20 by mid-2023. However, by the end of 2023, we believe that Polygon might dip a little, potentially closing the year down at the price of $8.80.

Polygon (MATIC) Price Prediction 2024

It is a well-known fact that the next Bitcoin halving is set to occur in 2024. Throughout the years, the Bitcoin halving has nearly always had a positive impact on the overall market. Even though Polygon might struggle during early-2024, our forecast shows that as we move towards the end of 2024, Polygon is likely to experience growth and reach $16.

Polygon (MATIC) Price Prediction 2025

In 2025, MATIC is likely to pick up when it left off its previous year. During the first months of 2025, Polygon’s price may experience an increase of 30-40%. The cryptocurrency may reach its yearly high sometime between the 4-7 months of the year. We believe that 2025 will likely be the year during which MATIC may surpass the $20 milestone. Our prediction shows us that MATIC might end the year with a price just above $24.

Polygon (MATIC) Price Prediction 2026

As for 2026, we believe that it may be quite a steady year when compared to the preceding years. This means that 2026 is likely to be characterized by small price movements for Polygon. Throughout the year, Polygon is likely to go through +-15% price movements, if not smaller percentages. As our forecast tells us, Polygon might end the year 2026 with a trading value between $24-$32.

Polygon (MATIC) Price Prediction 2021 and Beyond - Will MATIC Reach $10 in 2021?
Crypto Academy Polygon (MATIC) Price Prediction for 2021 and the upcoming years!

How To Buy Polygon (MATIC)?

Step 1: Choose the Cryptocurrency Exchange That Fits You Most

To get your hands on some Polygon, you must first select the crypto exchange that fits you most and create an account on it. At the time of writing, Polygon (MATIC) is listed on Binance, Coinbase, Gemini, Gate.io, Kraken, etC. Check out the Top 9 Cryptocurrency Exchanges in 2021.

We must note that Binance has made Know Your Customer (KYC) mandatory for every action on its platform, therefore, make sure to verify your account before preparing to buy Polygon through Binance.

Step 2: Make Your Deposit

After finishing the process of opening and verifying your account on the account of your choice, you should deposit the amount of money you want to use to buy MATIC. Depending on the exchange, there are numerous payment methods available. The most common ones are Paypal, bank transfer, or using a credit/debit card.

Step 3: Select and Buy Polygon (MATIC)

When you are done with funding your account, all you have to do is locate the MATIC market pair that fits you best. Some examples of this would be MATIC/USD, MATIC/USDT, and MATIC/ETH. After choosing the market that fits you, write down the amount of Polygon you are interested in buying and press the “BUY” button. You can also withdraw your MATIC to a cold wallet.

Read more: How To Buy Cryptocurrency? – A Step-By-Step Guide

Frequently Asked Questions (FAQ)

Is it worth investing in Polygon (MATIC) in 2021?

It depends. The cryptocurrency market is a volatile place, therefore, it is not meant for people who panic and sell or buy because of their emotions. Even though MATIC may experience dips and decreases soon, the key to profiting from your crypto investments is hodling. Many forecasts show that Polygon is likely to experience growth throughout the next years. That being said, investing in Polygon may be quite profitable for many investors, yet, it may be devastating for some others. 

Will Polygon (MATIC) hit $10 in 2021?

Not really. Even though Polygon is likely to continue its growth throughout the year 2021, we don’t believe it can go as high as $10 because of many reasons. Our predictions give Polygon the price of $8.10 by the end of the year.

Can Polygon (MATIC) outperform its competitors?

Yes. Until today, Polygon has proven that it is one of the best, if not the best, Layer-2 scaling solutions for Ethereum. Their well-structured, easy-to-use platform, give it a huge advantage. We must also note that Polygon combines the Plasma framework and the Proof-of-Stake (PoS) blockchain to make itself more effective.

Also Read: Ethereum Price Prediction 2021 and Beyond – Can ETH Reach $20,000 in 2021?


  • Polygon (MATIC) is one of the most promising scaling solutions ever.
  • Polygon was created in 2017 and was launched in 2019.
  • The Polygon network was formerly known as the Matic Network but, in early-2021, Polygon underwent a rebranding process and changed its name to what we call it today.
  • To secure its network, Polygon uses a Proof-of-Stake (PoS) mechanism.
  • Out of a maximum supply of 10 billion, only 6.4 billion MATIC are in circulation.
  • More than 400 DApps use the Polygon scaling solution.
  • According to many experts and prediction websites, Polygon might leave investors with great gains throughout the give upcoming years.
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