Harmony Price
(ONE)
USD($)
Harmony (ONE) Live Price Chart
Overview
About
Analysis
FAQ
Harmony Live Price Data
The live price of Harmony is $0.025486, with a total trading volume of $ 1.23M in the last 24 hours. The price of Harmony changed by -4.64% in the past day, and its USD value has decreased by -20.31% over the last week. With a circulating supply of 14.33B ONE, the market cap of Harmony is currently 363.57M USD, marking a --% increase today. Harmony currently ranks #140 in market cap.
How do you feel about Harmony today?
Note: This data is for reference only.
Harmony(ONE) Profile
Rank140
BBBExpand 
Website
Documentation
Explorer
Contract
- --
Audited By
- https://certificate.quantstamp.com/full/harmony-busd.pdf
Code & Community
Investors
- Binance Labs
- Animoca Brands
- DACM
- HashKey Group
- Lotus Capital
- Exnetwork Capital
- Lemniscap
- BCA Investments
$0.024694
$0.028879
- ATH
- $0.379566
- Price Change (1h)
- +1.64%
- Price Change (24h)
- -4.64%
- Price Change (7d)
- -20.31%
- Market Cap
- $363.57M
- 24h Volume
- $1.23M
- Circulating Supply
- 14.33B
- Max Supply
- 13.16B
About ONE
How can I buy Harmony (ONE)?
Buying ONE on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Harmony (ONE) for more information. What is Harmony (ONE) Crypto?
Harmony is a high-speed, open-source, public blockchain with EVM compatibility and smart contract functionality that can offer a more efficient platform to operate Ethereum decentralized applications (dApps). The open and fast blockchain Harmony boasts a transaction finality time of just over two seconds and transaction fees 100 times lower than Ethereum.
As of July 2022, the Harmony ecosystem enjoys a total value locked (TVL) of over $1 billion across decentralized finance (DeFi), NFT, Web3, and gaming categories. The blockchain’s developers are focusing on improving its capabilities to support more Web3 dApps, adding features such as Zero Knowledge proofs to production, and decentralizing governance through funding and supporting decentralized autonomous organizations (DAOs).
ONE is the native token of Harmony, used for paying transaction fees, gas fees, and storage fees within the blockchain network. In addition, users can stake ONE on the Harmony network to become nodes and participate in the consensus mechanism by validating transactions. Validators also enjoy governance responsibilities by staking ONE within the network.
Harmony is a smart contract, EVM-compatible blockchain designed as an attractive alternative to Ethereum for dApp developers and consumers. It is one of the key contenders among ‘Ethereum killers’ in the crypto market, along with Solana, Avalanche, and Cosmos.
History of Harmony and ONE Token
Stephen Tse founded Harmony along with co-founders Sahil Dewan, Rongjian Lan, and Nick White in 2018. The blockchain co-founders have professional experience across leading Big Tech firms such as Google, Amazon, Apple, and Facebook.
The first version of the Harmony mainnet went live in June 2019, utilizing a new PoS consensus model known as Effective Proof of Stake (EPoS). In January 2020, Harmony launched the token swap option, allowing users to exchange their BEP-2 and ERC-20 tokens for native ONE tokens. The initial consensus model utilized a select group of validators, and support for Open Staking via permissionless validators was rolled out in May 2020.
Fast forward to 2022, and Harmony launched a trustless bridge to the Bitcoin network in Q1 of the year. Other updates in the quarter include launching a social NFT wallet and cross-chain operation to OpenSea, the world’s leading non-fungible tokens' (NFT) marketplace.
The Harmony team has plans to bridge to the Cosmos blockchain in Q3 2022, along with releasing a trustless bridge to the Ethereum network. Harmony's bridges will also enable cross-shard transactions for scalability and speed. By the end of 2022, Harmony aims to achieve 1-second transaction finality and help zkSync rollups and private authentication features to its network.
How Does Harmony Work?
Harmony utilizes a Fast Byzantine Fault Tolerance (BFT) protocol for its proof of stake consensus mechanism. Combined with random-state sharding and low latency, the blockchain offers higher levels of efficiency in operation and cost than Ethereum and several other Web3 blockchains in the market.
The Harmony blockchain employs an Effective Proof of Stake (EPoS) consensus for increased decentralization and fairness. Validators are selected based on the amount staked for each epoch but block rewards and distributed based on the median number of ONE tokens staked by all validators within the network. This model prevents the likelihood of a single-shard attack on the blockchain.
Harmony's scalable infrastructure utilizes the secure, random state sharding concept and leverages 250 nodes per shard and cryptographic randomness to re-shard at regular intervals. This is yet another mechanism employed for network security to avoid single-shard attacks that compromise infrastructure.
In April 2020, Harmony announced its new tokenomics model, allocating a fixed annual reward of 441 million ONE tokens, irrespective of block time and staking ratio. The higher staking ratio model adopted ensures higher organic demand for ONE crypto, higher staking yields, and more stability as most tokens belong to HODLers who invest in ONE long-term.
What Can Harmony’s ONE Token Be Used For?
The ONE cryptocurrency has several applications, including:
Native Protocol Token in Harmony Ecosystem
ONE is used to pay transaction, storage, and gas fees when using resources within the Harmony blockchain. You can also use the Harmony blockchain to transfer payments in ONE crypto to users worldwide.
Staking Token
You can stake ONE token on Harmony to participate in the consensus mechanism of the blockchain and contribute to block production. You can delegate your stake to existing validators on the network or become a validator yourself and earn block rewards for validating transactions.
Governance Token
Validators who stake ONE tokens on the Harmony network can participate in the governance mechanism of the ecosystem. As a validator, you are one of several community members eligible to vote on key proposals that will shape the future development of Harmony.
Crypto Asset to Invest in and HODL
The native Harmony token is among the actively traded cryptocurrencies on several exchanges in the crypto market. You can buy or sell ONE against other cryptocurrencies or hold it long-term if you believe in the future potential of the Harmony ecosystem. Check the current Harmony price, ONE market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the ONE price chart before placing a new trade in the market.
Earn Passive Income
You can hold ONE long-term and put your crypto investment to work via staking or lending to earn a stream of passive income. In addition to staking ONE to participate in the consensus, you can also earn ONE crypto through KuCoin in the following ways:
1. Stake ONE on KuCoin Earn for attractive APRs over flexible durations.
2. Lend liquidity for ONE to the exchange via KuCoin Crypto Lending to earn daily interest over seven days, 14 days, or 28 days.
Harmony (ONE) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $-0.001204 | -4.51% |
| 7 Days | $-0.006497 | -20.31% |
| 30 Days | $0.010163 | 66.33% |
| 3 Months | $0.010977 | 75.66% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Harmony Conversion Rate
FAQ
How much is 1 Harmony (ONE) worth?
KuCoin provides real-time USD price updates for Harmony (ONE). Harmony price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ONE to USD exchange rates. Is Harmony (ONE) a Good Investment?
While making an accurate Harmony (ONE) price prediction is impossible, this cryptocurrency has several strong fundamentals that could indicate it is a solid investment to consider. One of the most significant factors is that the Harmony mainnet runs Ethereum applications thanks to its EVM compatibility, offering developers a faster and cheaper platform.
The Harmony price could see an uptrend as more developers migrate away from Ethereum and towards its ecosystem, bringing in more on-chain activity. Harmony’s EVM compatibility also makes it a blockchain ecosystem ready for cross-chain operations, offering improved scalability to leading dApps and securing the future of its technology and adoption.
Harmony’s commitment to scale its Web3 capabilities as part of its Vision 2026 goals also makes it a compelling investment to consider. The Harmony price could rise as its developers add more features like Zero-Knowledge proofs to improve its efficiency and security, making it an attractive platform for dApps in the future.
The ONE price and market capitalization could enjoy support not only from the rising adoption of the Harmony ecosystem but also from a bullish mood in the crypto market. As leading digital assets like Bitcoin and Ethereum prices rise, cryptocurrencies like ONE could also see increased buying interest amid an improvement in investor confidence.
Will Harmony (ONE) Reach $1?
A review of the Harmony price statistics reveals that the critical $1 level has not yet been breached as of July 2022. The all-time high price of ONE crypto is just above $0.37, well below this crucial mark.
As the market sentiment improves and the adoption of Harmony’s technology increases among dApp developers and consumers, we could see the Harmony price heading back to test the ATH level in the future. However, the ONE token value would take significant effort to rise to $1.
One of the biggest challenges holding back such a price surge is the high circulating supply of ONE token, which exceeds 12.3 billion in July 2022. The cryptocurrency’s circulating supply and total supply would have to reduce significantly for the ONE price to attempt a breach of the ATH and the key $1 mark.
How to Stake Harmony (ONE)
You can stake Harmony (ONE) as a delegator or a validator to participate in the consensus mechanism and earn rewards for your efforts. Here’s how to stake ONE on Harmony:
1. Create a new wallet with Harmony One if you don’t already have one.
2. Fund your wallet by buying Harmony (ONE) on KuCoin or any other supported exchange. Withdraw your tokens by entering your Harmony One wallet address to proceed with the token transfer.
3. Head to the Harmony One staking website - https://staking.harmony.one to access the staking explorer of the blockchain.
4. View the existing validators, check their status, the expected returns on your stake offers, the commission they charge, and their uptime.
5. Select the validator of your choice and click on the Delegate option to delegate your ONE tokens to the validator.
6. Enter the number of ONE tokens you wish to stake via delegation to the validator and review the information before confirming the transaction.
7. Sit back and earn rewards for the delegated staking mechanism you have chosen.
8. You can also become a validator by creating a Validator Wallet on Harmony One and funding it with a minimum of 10001 ONE tokens.
9. For more information on how to create a validator on the Harmony blockchain, click here.
What is the all-time high price of Harmony (ONE)?
The all-time high price of Harmony (ONE) is $0.379831. The current price of ONE is down 93.29% from its all-time high.
What is the all-time low price of Harmony (ONE)?
The all-time low price of Harmony (ONE) is $0.001256. The current price of ONE is up 1,929.44% from its all-time low.
How much Harmony (ONE) is there in circulation?
As of 12 22, 2024, there is currently 14.33B ONE in circulation. ONE has a maximum supply of 13.16B.
What is the market cap of Harmony (ONE)?
The current market cap of ONE is $363.57M. It is calculated by multiplying the current supply of ONE by its real-time market price of $363.57M.
How do I store Harmony (ONE)?
You can securely store your Harmony in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ONE include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pepe 2.0 (PEPE2) to cash?
You can instantly exchange your Pepe 2.0 (PEPE2) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PEPE2 to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.