If you check the Polygon chart, it has been bullish for quite long now. Currently the price sits at $2.74 and a lot of sites are still quite bullish about this coin. I have seen different analysis on Polygon,though their price predictions were quite different, but it was still positive of an increase in the coming year.
According to CoinQuoraʼs analysis the price of Polygon will be reaching over $7 by next year. Another one is an analysis from DigitalCoinPrice, which was predicting over $3.50 by the end of 2022, and $4.55 by 2023, and then $6.51 in 2025. You would see that both are totally different but still positive about the price going up. So we should be looking forward to the market growth.
According to CoinQuoraʼs analysis the price of Polygon will be reaching over $7 by next year. Another one is an analysis from DigitalCoinPrice, which was predicting over $3.50 by the end of 2022, and $4.55 by 2023, and then $6.51 in 2025. You would see that both are totally different but still positive about the price going up. So we should be looking forward to the market growth.
Polygon's been performing well in price ever since the year started. While most other altcoins turned bearish, MATIC's been doing all of the contrary. Several ETH projects switched to the Polygon chain, so it's likely the coin will reach a new ATH by 2022. I think the current price of around $2.75 is nothing considering that the cryptocurrency itself has smart contract capabilities. Being a sidechain to ETH, brings many benefits to end users. With how cheap gas fees are on MATIC right now, I'd say the coin could easily reach $10 by the end of 2022.
Of course, this is all speculation. The price will be determined by how popular a coin is. If MATIC has high demand, you can bet it will soar all the way to the moon. Ultimately, what matters is the usefulness of a coin instead of its price. And Polygon is way more useful than other hyped coins like Shiba Inu or Dogecoin. Who knows how much it'll really be worth by 2022? Just my opinion
