The future of Metic POL currency price forecast until 2050

Polygon is an ethereum scalable second layer chain that has seen increasing interest from institutions and industry giants over the past years. The native digital currency of this network, called MATIC, was rebranded to POL in September 1403. What effect will all these changes have on the future of the former Metic, or the current POL currency, along with the current bullish market, and how far will it raise its price? We answer in this article.

The future plans of a project are one of the most important fundamental criteria that also affect the future price of its native digital currency. Poligan is no exception to this rule, and the implementation of the plans mentioned in its roadmap can lead to an increase in demand for the purchase of POL currency. For this reason, in this article from Aruzdigital, while examining the future plans of Polygon, we will forecast the future price of Metic currency from 2024 to 2050.

The future of Metic POL currency price forecast until 2030

Analyzes from The future of Metic It shows that the price of POL digital currency will reject one dollar in 2026 and if the market is bullish, it will rise above 2 dollars. The price of Metic currency in 2030 is at its lowest 3.4 dollars And in most cases zinc $6.14 It is predicted.

Before we go on to the next article, we have to remember one thing and that is:

All the predictions presented in this article are in fact a reflection of the opinions of the most reliable analytical websites in the world, and Erzdigital website does not have any advice to invest or not to invest in this currency or any other project. Digital currencies are highly volatile and affected by various fundamental and technical factors; Therefore, before buying Paligan or any other currency, do enough research and consider your risk limit.

One of the most reliable sources that predicts the future price of the POL currency, or the former Metic, is CoinPedia. We see a summary of this website’s prediction of the future of the bridge currency for 2024 to 2030 in the table below:

The price history of Paligan currency (former Metik) from 2017 until now

The Paligani network that we know today was introduced in 2017 under the name of Matic Network, and its native digital currency with the symbol of Matic (MATIC) officially started its work in April 2019 (April 2019).

Read more: What is Paligan currency?

According to CryptoRank, Metic Network’s funding included several stages, including seed cultivation at a price of $0.00079 and pre-sale and private sale, initial exchange offering (IEO) and another stage at a price of $0.00263, which started from January 2018 to They lasted from April 2019 (December 2016 to April 2019). In these stages, companies such as Binance and Coinbase Ventures were present.

MATIC currency price trend from 2019 to 2021

According to CoinMarketCap data, trading of this digital currency started on April 20, 2019 with an initial price of $0.004418. Until early 2021, Metic’s price remained relatively stable, trading within a few cents.

The historical price floor of this digital currency is 0.003 dollars on May 10, 2019. However, in January 2021 (D 99), the price of MATIC rose above $0.1, coinciding with the broader cryptocurrency market boom. This growth occurred due to the increase in gas fees on the Ethereum network and increased attention to its second layer scaling solutions.

Read more: What is Ethereum in simple words

On February 9, 2021 (21 February 99), the MATIC Network project was rebranded to Poligan, but its native cryptocurrency symbol remained MATIC. After this incident and along with the bull market of that year, the price of this digital currency started its strong upward trend and reached the level of 1.9 dollars on May 26 (June 5, 1400).

However, this bullish market did not continue and Metic’s price fell to $0.79 on July 19 (July 28). Finally, on December 27th of that year (6th of December), Metic currency recorded its historical high of $2.92.

MATIC currency price trend in 2022 and 2023

After recording the historical high in late 2021, the downtrend of the crypto market began, and Metic fell along with other digital currencies and reached a local low of $0.34.

Of course, this digital currency continued to experience improvements in 2022 and 2023 and reached $1.4 in May 2023 (May 1402), but it remained in a general downward trend until the end of that year.

POL currency price trend in 2024

In 2024, we witnessed various events for the Paligan ecosystem. One of these events was the US Securities and Exchange Commission’s complaint against Binance and Coinbase exchanges due to the sale of unregistered securities, and Polygan was also among the digital currencies introduced by the SEC. This event resulted in the temporary fall of Metic. This institution withdrew its complaint two days later on August 1 (11 August 1403).

In addition, the Robinhood digital currency trading platform also announced that it will remove Paligan, Cardano and Solana from its list and liquidate any remaining currencies by June 27 (7 July 1403).

The next thing was the rebranding of Paligan network on September 4 (14 Shahrivar), which changed its symbol from MATIC to POL. This change was part of the project’s broader vision to transform from a simple proof-of-stake (PoS) network to a zero-knowledge (ZK) blockchain ecosystem.

POL digital currency is currently trading in the range of $0.59 in the last days of 2024. Please note that during this change, a new page has been created for POL currency on the Coin Market Cap site, which is slightly different from the old Metic token in terms of price, but is different from it in terms of circulating supply and total supply.

Prediction of the future price of Metic from the point of view of different analytical websites

There are various sites such as Changeli, Coin Kids, and AMB Crypto that predict the price of their digital currency by using technical indicators and fundamental analysis of crypto projects. In the following, we will examine the prediction of these websites about the future of the POL currency.

Chanjli

The Changelly website is relatively optimistic about Metic’s future and believes that the price of POL will rise above $4 in 2030:

Kevin Children’s

As you can see in the table below, CoinCodex predicts a completely different price swing for Polygon in the coming years:

Kevin Childs is not as optimistic about Polygon’s future as previous sources. Even though all the previous sources we reviewed predicted prices above $3 and even $4 and $6 for this currency in 2030, Coincds believes Metic currency will still trade below $1. This website sees only 2025 and 2026 as bullish years for the POL token and predicts a bearish trend from 2027.

AMB Crypto

AMBCrypto is waiting for Metic to reach $1 by 2028:

As you can see, this analysis is somewhat more cautious and balanced; Not to the optimism of a website like Coinpedia and not to the pessimism of Coin Kids.

Benzinga

Benzinga, with a continuous upward forecast, sees the future of POL currency in 2030 in the range of $3.5:

What is polygan?

At the beginning, Polygon was just a second layer chain of ethereum scalability, but this project now intends to create a blockchain ecosystem called AggLayer, which is short for “Aggregation layer”. Polygon defines the blockchain as “a horizontally scalable multi-chain network that allows access to state and shared liquidity between independent and connected chains.”

Simply put, Eglir will host multiple zero-knowledge layer-one and layer-two blockchains, all secured by a common set of validators. All networks on Eglir will be able to execute cross-chain transactions almost instantaneously.

What are the differences between POL digital currency and the old MATIC?

As we said in the previous parts, on September 4, 2024 (14 Shahrivar 1403), Metic digital currency was rebranded to POL. This digital currency will be used as a token to pay gas and staking fees in Polygon’s proof-of-stake blockchain.

According to the developers, the POL token will offer the following improvements over the MATIC currency:

• Common security: POL validators are capable of validating multiple chains.
• More incentives: Polygon chains can offer multiple roles and additional rewards to validators.
• Additional roles for validators: The Aggregation Layer (AggLayer) allows validators to generate zero-knowledge proofs and participate in data availability committees.
• Community treasury: The developers have proposed to use POL currency to fund the community treasury. The fund will fund protocol development, research, grants and adoption incentives.
• sovereignty: POL currency holders will manage the community treasury.

What factors affect the future price of Polygan?

Legal issues, investor sentiments, general crypto market trends, competitors, and more adoption are the major factors influencing the price of POL currency in the future, which we will examine below.

Legal supervision

Similar to the past, if events such as the complaint of the American Exchange Commission and the securities called POL currency are raised and even proven, it will have a direct impact on the future price of this digital currency.

Market share of competitors

Another important factor to consider is the market share of Ethereum second tier projects. As we said, Polygon is facing strong competition from Arbitrum, Optimism, StarNet, Loopring and other projects. So far, this project has been the market leader, but if competitors gain more popularity, this could overshadow the price potential of the Metic currency.

More acceptance

The acceptance of the Polygon network can also play an important role in the future price of this digital currency. If Polygon manages to attract more companies and crypto projects to build and operate on its blockchain, its price will increase.

The overall trend of the crypto market

Finally, the positive performance of the broader cryptocurrency market will also contribute to POL’s price growth. As the bull market begins, the price of this digital currency is likely to break out of its current range and reach new local highs. However, if the crypto market falls again, we expect Polygon to follow suit.

The future of the Paligan project; Roadmap and future developments

Before addressing Polygon’s future roadmap, which is available on its official website at Polygon.Technology, let us have a brief look at the developments of this project from 2023 until now. Since almost a year ago, that is, since the publication of the Polygon 2.0 roadmap as a collection of community suggestions, many improvements have been made in this ecosystem, including:

• The blockchain “AggLayer” or “Aggregate Layer” was introduced in February 2024 (Bahman 1402) through the connection of two chains called Layer X (X) and Ethereum virtual machine Polygon zkEVM.
• A number of chains started building using the Polygon Chain Development Kit (Polygon CDK). CDK is an open source software package that makes it easy to build and run zero-knowledge custom blockchains.
• After reaching community consensus, POL currency contracts were activated on the mainnet.
• Government proposals, including a framework for community-oriented financing of the community treasury and the creation of an independent board for the community treasury, were also agreed upon.

In addition to the migration of MATIC to POL, which took effect in September this year, there are several sectors in Paligan’s roadmap, which we will examine below.

Governance, Ecosystem Council and Community Treasury Board

A new governance system is proposed to keep pace with the evolution of Polygon technology and protocols. This model, partly inspired by Ethereum for the governance structure of the protocol, is designed to ensure decentralized decision-making and allow community members to actively participate in the governance process.

This system is based on three pillars: protocol governance, system smart contract governance and community treasury governance.

Each of these elements play a vital role in maintaining the integrity and growth of the network, transparency and efficiency. This governance framework shows Paligan’s commitment to a community-oriented approach in the growth and development of its ecosystem.

Frequently asked questions

summary

Poligan is one of the popular projects for small investors and large companies. This project is fundamentally strong and in 2024, by rebranding its native digital currency from MATIC to POL, it aims to become a blockchain aggregator ecosystem in the web3 space.

Of course, the future of the Polygon currency depends on various factors, including the general trend of the crypto market, future developments, greater acceptance and the performance of its competitors. We mentioned earlier, and as a final point, we state again that the crypto world has both inherent fluctuations and is influenced by dozens of external factors. So, before any investment, weigh all aspects and determine the risk limit.