Polygon (POL), formerly known as MATIC, has garnered significant attention from analysts following its rebranding and recent market movements.
Analyst Perspectives:
Ali Martinez, a crypto analyst, highlighted a substantial increase in on-chain metrics for POL, including active addresses, transaction volume, and whale activity. He suggests that this uptick could lead to a significant price movement, potentially reaching $15 in the current market cycle.
CryptoFaibik, another analyst, noted POL's bullish trajectory after surpassing a key resistance level of $0.44. He anticipates a potential 50% price increase, supported by rising trading volumes and increased investor interest.
99Bitcoins projects a steady appreciation of POL, estimating an average price of $0.63 by the end of 2025, with potential highs of $0.76. They attribute this growth to Polygon's scalability solutions and expanding enterprise adoption.
FXOpen offers a broader outlook, suggesting that POL could reach $5 between 2025 and 2030, depending on market conditions and adoption rates. They emphasize Polygon's strong industry partnerships and focus on zero-knowledge technology as key growth drivers.
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