Harmony is a blockchain infrastructure that makes it easier to construct and utilize decentralized apps (DApps). The network focuses on randomized data sharding, which enables the formation of blocks instantaneously, aiming to revolutionize how decentralized apps operate. We anticipated Harmony to allow for cross-shard transactions and a cross-chain framework by the end of 2021. Harmony is a consensus infrastructure with tremendous processing capacity, low latency, and cheap charges that may fuel the decentralized industry of the future.
They aspire to tackle the problems that have plagued prior blockchain platforms by integrating the most excellent research and technical practices into a well-tuned mechanism. If you’ve been looking for a venue to trade Harmony, the best cryptocurrency platforms to use available now are Binance, DigiFinex, Mandala Exchange, and KuCoin. The Harmony platform promises to reinvent block formation by focusing on computing power and accuracy. In addition, the enterprise dramatically lowered node validation times by using the sharding mechanism.
In this article, we will be discussing everything related to Harmony, including its fundamental analysis, along with its tokenomics and roadmap.
Harmony (ONE) Fundamental Analysis
One of the most recent efforts striving to confront the problem of blockchain sustainability is Harmony (ONE). They developed their technology from scratch to be as efficient as possible. Harmony is constructing a sharding-based blockchain that is not just expandable but also incontrovertibly reliable and eco-friendly, using a “full-stack” methodology. They’re also the freshest Binance Launchpad initiative to raise cash. Harmony is an open and scalable blockchain with a mainnet modeled on the Ethereum infrastructure, with operation completion of 2 seconds and 1000 times cheaper costs than Ethereum.
Harmony’s creator and CEO are Stephen Tse. He holds a Ph.D. in cryptography technologies and type theory from the University of Pennsylvania. Dr. Tse worked as a research apprentice at Microsoft whilst completing his doctorate. He began to work as a professional programmer at Google in 2006 and remained for four years. He established Spotsetter, a widely used search engine that was ultimately bought by Apple in 2011. Dr. Tse was appointed Apple’s lead developer in 2014. Harmony was launched by him in 2017. Harmony’s original team is composed of 12 members, seven of whom are former Google, Apple, Microsoft, and Amazon personnel.
The Harmony blockchain is an Ethereum-based L2 blockchain framework that makes things simpler for programmers to establish decentralized apps (DApps). Due to Ethereum’s costly fees, more cryptocurrencies are focusing on scalable alternatives in an endeavor to replace Ethereum as the most preferred protocol for DApp construction. Harmony, unlike many other networks in this classification, collaborates with Ethereum rather than against it. The program’s technological goal is re-sharding and secure staking via decentralized unpredictability. Harmony also incorporates excellent cross-shard connectivity and quick blocking transmission.
Harmony assists companies in constructing ecosystems for tradable currency utilization as well as non-fungible resources such as in-game digital assets. Harmony’s zero-knowledge proofs are also used to facilitate data collaboration whilst ensuring user confidentiality. Harmony established the whole software infrastructure from the bottom up with an emphasis on efficiency in order to accomplish the sustainability objectives. In their Consensus Protocol, internal systems, and network engineering, they have incorporated a series of significant advancements. Harmony would provide a foundation for decentralized applications that would not be accessible on other distributed ledgers by executing these innovations. Decentralized exchanges, high-throughput payment systems, and Internet-of-Things transactions are examples of such decentralized applications.
The roadmap for Harmony includes many fun activities for its users in which their consumers are given a chance to earn while improving the community for the better. The three steeping stores for the Harmony roadmap include Adoption, Interoperability, and Decentralization, and we may discuss each one in detail.
Adoption refers to the events organized by Harmony to aid their users in all ways as Harmony collaborates with third parties to ensure better sustainability. Tooling shall be organized exclusively for Ethereum developers to migrate with minimal changes while organizing workshops for developers at blockchain and fintech events. Hackathons for programmers to go up against each other, test their skills, and win prizes grants for new collaborations to grow the network through incubation.
Interoperability means the Harmony network running on other networks such as Ethereum and Bitcoin; the Ethereum bridge shall be constructed to help Harmony users exchange assets with Ethereum. Bitcoin bridge shall be constructed for Bitcoin holders to earn from finance products through Harmony software. Cross-shard and cross-chain operations are also included.
Decentralization is their most prominent goal, which they have set for themselves, the basis of which this technology was created.
The entire incentive throughout the platform (issuance plus transaction fees) may continue indefinitely in the revised economic paradigm of our protocol, irrespective of the average block time or staking ratio. The intent of this modification is to enhance the staking proportion, streamline the concept, and lay the groundwork to zero issuance, all of which may boost Harmony in the big scheme of things. ONE is Harmony’s native token, powering the whole Harmony financial platform’s financial circulation.
Harmony (ONE) Price Analysis
Harmony appears to be following a bearish trend in the market as the currency depreciates significantly. The cost of one Harmony Token currently is $0.12, with a trading volume of $80 million.
ONE ranks #61 on the CoinMarketCap rankings, with a live market cap of $1.4 billion and a circulating supply of 11.8 billion. Harmony is suffering from devaluation as the past few weeks have made it crash significantly. Harmony hit an all-time high on October 24, 2021, with a value of $0.38, and an all-time low on May 13, 2020, with a value of $0.001.
Crypto Academy Harmony (ONE) Price Prediction (2022)
|Month||Minimum Price||Average Price||Maximum Price|
Harmony (ONE) Price Prediction January 2022: Data for January 2022 reveals the maximum value was $0.38, with the minimum and average resting at $0.15 and $0.16, respectively.
Harmony (ONE) Price Prediction February 2022: February 2022 was a slow month for the cryptocurrency as it faced a bearish season. However, the maximum value of ONE reached $0.23 and a minimum of $0.11.
Harmony (ONE) Price Prediction March 2022: Harmony Token in march may be able to reach a maximum value of $0.23, while the average value is expected to be $0.18 and a minimum value capping at $0.17.
Harmony (ONE) Price Prediction April 2022: April might prove to be a breakthrough month for the cryptocurrency as the price is expected to reach a high of $0.20 with a minimum value of $0.18 and an average value of $0.19.
Harmony (ONE) Price Prediction May 2022: May 2022 may be a good month for the cryptocurrency as the maximum price soars high at $0.21 while the minimum cost exceeds the $0.19 mark. The average is anticipated to be around $0.19.
Harmony (ONE) Price Prediction June 2022: The minimal cost of ONE in June could very well be roughly $0.19. The pricing of one Harmony Token, on the other hand, might be as low as $0.21. The average trading of ONE this month, according to our projection, might be $0.20.
Harmony (ONE) Price Prediction July 2022: July 2022 might indicate an extremely bullish period for the cryptocurrency as the highest cost could reach up to $0.22, while the lowest and average may be stuck at $0.20 and $0.20, respectively.
Harmony (ONE) Price Prediction August 2022: August might prove to maintain the previously anticipated positivity as the maximum price expects a $0.23 increment. The lowest price for August might be $0.21, and the average might be $0.22.
Harmony (ONE) Price Prediction September 2022: September 2022 might break the $0.20 mark and soar as high as $0.24; keeping the market’s volatility in mind, the price could plummet to $0.21. On average, the price may be 0.22.
Harmony (ONE) Price Prediction October 2022: Harmony Token may experience a positive movement in September as the high price goes up to $0.25, while the lowest and average price stays at $0.21 and 0.24.
Harmony (ONE) Price Prediction November 2022: The lowest trading price of ONE in November 2022, according to our forecast, might be $0.22. Harmony Token, on the other hand, might trade at a maximum price of $0.26. It’s also possible that the average trade price may hit $0.24.
Harmony (ONE) Price Prediction December 2022: The Harmony Token might finally cap at a maximum value of $0.27 after having a tremendous year. However, the market shall fluctuate throughout the year, which might cause hindrances in the way of progress; hence the minimum price of the cryptocurrency might be as low as $0.22 while the average might be $0.25.
Harmony (ONE) Price Prediction 2022 Q1
Harmony token is expected to have an amazingly bullish Q1 in 2022, as the maximum price soars high at $0.19, just shying away from the $0.20 mark, while the average price could be somewhere around the $0.18 threshold. The minimum value of ONE is anticipated to be around $0.16 and $0.17.
Harmony (ONE) Price Prediction 2022 Q2
For the second quarter of 2022, Harmony Token may take a slow and steady bullish approach, with the maximum value peaking at $0.21. The cryptocurrency shall cross the $0.20 mark by the end of June. The minimum value of the cryptocurrency shall remain around $0.19. The average is expected to be 0.20
Harmony (ONE) Price Prediction 2022 Q3
The third quarter of this year may contain many surprises for Harmony as the maximum value gains tremendous momentum at $0.24 with an average value of $0.22 and a minimum value of $0.20.
Harmony (ONE) Price Prediction 2022 Q4
For the final quarter of 2022, the cryptocurrency may maintain tremendous positive potential and prove to be a good year for Harmony. As a result, the maximum value for Harmony is expected to reach $0.27. However, keeping fluctuations and unforeseen factors in mind, we can anticipate the lowest possible value for ONE to be $0.21 with an average of $0.24.
Crypto Academy Harmony (ONE) Price Prediction 2023, 2024, 2025, 2026
Harmony (ONE) Price Prediction 2023
Next year might be a slow one for the Harmony Token; even though the cryptocurrency may have progress, it may be quiet and full of hindrances. As a result, the maximum price might reach $0.40 with the lowest value of $0.30 and an average of $0.33. 2023 may prove to be a bullish year for Harmony.
Harmony (ONE) Price Prediction 2024
Crypto Academy’s forecast for the year 2024 regarding the Harmony Token may be a significant milestone as the cryptocurrency may reach halfway to its goal of getting $1. The maximum value for the cryptocurrency might earn $0.56, while the minimum cost of the cryptocurrency might be $0.43, with the average of this year being $0.46.
Harmony (ONE) Price Prediction 2025
The year 2025 is expected to be a very positive year for the Harmony token as the price soars high towards the $0.79 mark as the maximum extent, while the average in this year may be around $0.69. However, the minimum value for Harmony could be around $0.61.
Harmony (ONE) Price Prediction 2026
Harmony may reach its goal of $1 in 2026, which could be a significant milestone in the story of this cryptocurrency. The maximum value might even reach as far as $1.20, with the average value at a reasonable $1.03. Conversely, the lowest value of Harmony could be $1.
Harmony (ONE) Market Price Prediction
Price Predictions.net suggests that Harmony has a very bright future in this industry, illustrating strong bullish movement throughout the years. The Harmony token can be considered an excellent and reliable long-term investment, with the currency reaching $1 by 2026, giving tremendous returns compared to its current price. If we analyze further, we can see that the cryptocurrency has terrific potential and might reach $8 by 2030.
Harmony shows potential to be one of the most recognizable cryptocurrencies in the future as Wallet Investor analyzes it and predicts that it may give excellent returns in the future, as the cryptocurrency grows at a steady pace. As a result, the platform recommends considering at least investing today. The value of ONE is $0.171, but in 2027 the price may possibly reach $1.3. The platform considers Harmony to be a great long-term investment, with great returns.
Digital Coin Price
Digital Coin Price is a very reliable source of price predictions, and it suggests that the cryptocurrency has a great future. However, it predicts that the price of ONE may not reach $1 soon as the cryptocurrency is not moving as fast as it should and probably won’t be that much of a long-term investment. However, the returns that the site predicts are still outstanding, which new crypto enthusiasts should consider.
TradingBeasts suggests the cryptocurrency to be an average long-term investment, which people can profit from in the near future; the site offers the price of the cryptocurrency to experience an increment of about 57.56% and reach $0.3 by 2025. The site suggests that the cryptocurrency may eventually give loads of profits and returns, but it won’t be in the near future.
How to buy Harmony (ONE)
Before buying Harmony, you should conduct thorough research on the token and then decide whether you really want to buy it or not. Then, when you have decided to buy the cryptocurrency, you can start the process of purchasing Harmony.
Step 1: Research Altcoin Exchanges
Since Harmony is not available on all cryptocurrency exchanges, you may first need to find out what online marketplaces deal in Harmony; once you’ve found suitable options, you can move on to the next step. The website CoinMarketCap is a good option for finding out options as it provides a list of marketplaces that deal in the respective cryptocurrency.
Step 2: Pick a Marketplace
Once you have found a list of options, start researching every exchange by its provided perks and privileges, take your needs and requirements into account while picking an exchange. Once you have found a suitable exchange that fulfills your desires, it’s time to move on to the next step. Remember to carefully analyze all exchanges according to your needs.
Step 3: Register on the Exchange Account
Make an account on your preferred altcoin exchange and get it verified by following the exchanges’ protocol for the respective procedure. After you’ve made an account, you can move on to the next step.
Step 4: Decide your method of purchasing
Harmony cannot be bought with fiat currency so you have to use crypto money; you have to decide what you want; we would recommend you buy it with Bitcoin, however, you can also use Ethereum. When you have decided which medium you want to follow through, you can either use your credit or debit card to buy Bitcoin to trade them for Harmony.
Step 5: Buy Harmony with Bitcoin
Once you have bought Bitcoin or your preferred cryptocurrency, the next step is to convert Bitcoin to Harmony. You may have to use your exchange applications interface to find the convert option, enter the amount, and convert the cryptocurrency into Harmony.
And that’s it; you have become a proud owner and holder of Harmony now.
Is Harmony a good investment?
Yes, Harmony is an excellent long-term investment; the probability of great returns is high, according to professionals.
When will Harmony reach $1?
The Harmony Token could reach $1 by 2026.
What will Harmony be worth in 2030?
According to professional analysis, the Harmony Token could go up to $8 by 2030.
- Harmony is a blockchain infrastructure that makes it easier to construct and utilize decentralized apps.
- Harmony is a consensus infrastructure with tremendous processing capacity, low latency, and cheap charges that may fuel the decentralized industry of the future.
- Decentralization is their most prominent goal, which they set for themselves, which is the basis of its technology.
- Harmony’s original team consists of 12 members, seven of whom are former Google, Apple, Microsoft, and Amazon personnel.
- The Ethereum bridge shall be constructed to help Harmony users exchange assets with Ethereum.
- Bitcoin bridge shall be constructed for Bitcoin holders to earn from finance products through Harmony software.
- Harmony is constructing a sharding-based blockchain that is not just expandable but also incontrovertibly reliable and eco-friendly, using a “full-stack” methodology.
- ONE is Harmony’s native token, powering the whole Harmony financial platform’s financial circulation.
- Harmony may most likely reach $1 by 2026.