Harmony One Price Prediction 2023-2030: Will Harmony One Reach $1,000?
The latest Price of ONE Token
Article Coverage: Harmony One Performance, Latest Harmony One News, Harmony One Price Prediction Today, Latest Harmony One Video, Is Harmony One a Good Investment? Will Harmony One reach $1000? Harmony One Price Prediction 2023, 2025 and 2030
Performance in the Last 12 Months, April 16th
- Last 30 days: +11.6%, Parity*
- Last 30 days: +28.9%, Parity
- Last 6 Months: +37.3%, Underperformer
- Last 12 Months: -79.7%, Underperformer
Latest Harmony One News
Harmony Protocol Q1 Summary
- Harmony Protocol introduced Stream Sync, a synchronization process leveraging advanced algorithms and data structures to minimize data exchange between nodes, reducing network overhead and accelerating new nodes’ integration.
- Harmony’s development team has been working on multiple aspects of cross-shard transactions to improve performance and user experience, including the implementation of composable commits, efficient routing algorithms, and shard coordination.
- The updated leader rotation mechanism in Harmony Protocol enhances network security and stability by introducing aliveness checks, verifying the next leader’s responsiveness and availability, and utilizing Verifiable Random Functions (VRFs) to generate unpredictable and unique leader candidates.
- Other protocol updates during Q1 include Staged Stream Sync v1.0, SDK dependency updates, a feature registry, caching on archival mode, and various bug fixes and enhancements to improve network stability and performance.
- Harmony Protocol plans to optimize shard leader computations, and network infrastructure, and decrease the number of nodes to improve transaction finality from 2 seconds to 0.8 seconds, offering a more responsive and efficient blockchain experience.
- In Q2, Harmony Protocol plans to re-align validators by adjusting the distribution of the foundation treasury’s tokens, which includes staking 1.20B tokens ($24M) among validators based on performance, security measures, and uptime.
- The token realignment optimization aims to maintain a robust and decentralized network with evenly distributed voting power, reducing the likelihood of cooperation or centralization.
- Harmony Protocol is considering using staking rewards to support initiatives such as depegged asset recovery, supporting DApps, and fostering developer growth within the Harmony ecosystem to drive adoption and innovation in the blockchain space.
- Harmony Protocol is exploring upgrading to validator Boneh-Lynn-Shacham (BLS) signing keys, which offers multiple benefits, primarily due to their unique aggregation property, reducing the size of the blockchain’s signature data, and decreasing computation required for verification.
Harmony ONE Price Prediction Today
|Overall Outlook||Partially Bullish|
|1. Market's Wisdom||Partially Bullish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Buy|
|2. Crowd's Wisdom||Neutral|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Neutral|
Latest Harmony One Video
Harmony One Price Prediction: Is Harmony One a Good Investment?
Stephen Tse is the founder and CEO of Harmony, and Nick White is also one of the co-founders and an active member of the Harmony community.
Harmony ONE is a layer-1 protocol built to overcome the limitations of transaction speed and interoperability. Harmony uses a Sharding protocol and effective proof of stake to speed up transaction speeds. Harmony’s staking mechanism promotes further decentralization and prevents “overstaking” by capping validators’ rewards.
Harmony One Q4 Messari Report Summary
- Harmony experienced downward pressure on its network activity after the departure of DeFi Kingdoms (DFK) and the Horizon Bridge hack
- Since DFK’s departure in April 2022, the number of active users has steadily declined, with only 3,800 daily active users in Q4 compared to 26,000 during the platform’s peak.
- Harmony’s ecosystem has also faced ongoing challenges, with TVL falling to new lows at $4.8 million in Q4, an 84% decline from Q3
Harmony ONE coin is a multi-purpose native token of the Harmony network. One is the native crypto of the Harmony network, and it is a multi-purpose token. One can be used to pay for various services and operations on the network, including paying for storage.
- Harmony ONE crypto is often used to pay for different operations and services on the network. For instance, paying for storage.
- Harmony crypto is driven by a community of validators and this community is called the Pangaea
- Harmony coin enables apps and businesses to create tokens that are relevant to their businesses. Harmony crypto is just like Ether or Matic and is used for paying gas fees. ONE crypto can also be staked with validators and earn a return on the staking. The Validators in turn can vote on the basis of the One Tokens staked with them
- Harmony coin allows its holders to participate in the governance of the network through voting.
While Harmony One has certain advantages, it operates in a competitive market where the ecosystem matters a lot. We could classify it as a poor case for Investment.
Also Read: How can I stake Harmony ONE?
Harmony One Price Prediction: Will Harmony One Reach $10?
To reach $10, Harmony One will have to rise 500 times. At $10, Harmony One will have a Market Cap of $131 Billion. If Harmony One were to rise at the rate of 25% every year, it would take 28 years to reach $10.
Evaluating all the data points
- Quality of Investment – Poor
- Growth required to reach $10 – Not Feasible
- Market Cap at $10 – Not Feasible
- Time required to reach $10 if One were to grow at 25% every year – Not Feasible
Overall, it is not possible for Harmony One to reach $10. A significant burn in the range of 75-90% could probably accomplish this goal.
Harmony One Price Prediction: Will Harmony One Reach $1?
To reach $1, Harmony ONE needs to grow by 50 times, considering its current market price of $0.01.
Also, Harmony reached its all-time high value of $0.35 in January 2022 where it grew by 2.18 times in just one month (from a lower value of $0.16 in December 2021). Therefore, to reach $1, ONE requires around 23 months (less than 5 years).
However, the economic conditions including inflation and liquidity are not in the favor of 2.18 times growth in one month. Therefore, Harmony cannot reach that value in the next 5 years i.e., it will certainly need much more time.
Harmony One Price Prediction: Will Harmony One Reach $1000?
Harmony coin needs to grow by 10,000 times to reach a price level of $1000. Considering 2.18 times growth in one month, we can say that Harmony ONE will require 4,587 months (roughly 382 years).
First of all, 382 years is indeed not a practical time to wait for. Secondly, it is again not possible because the current macroeconomic factors and liquidity conditions are not in the favor of the crypto market.
Therefore, Harmony is not expected to reach $1000 unless any miracle happens.
Harmony ONE price predictions: 2023, 2025 and 2030
Although Price predictions are never cent percent accurate, proper research and analysis can predict a lot about the movement in prices. Here, let us focus on Harmony ONE price predictions.
Harmony ONE Price Prediction 2023 is $0.044
Harmony ONE Price Prediction 2025 is $0.082
Harmony ONE Price Prediction 2030 is $0.390
Where to Buy?
- KuCoin – KuCoin is a global cryptocurrency exchange where users may buy, sell, and trade a variety of cryptocurrencies. It supports a broad range of cryptocurrencies, including prominent ones like Bitcoin and Ethereum. KuCoin offers comprehensive trading capabilities like as spot trading, futures trading, and staking options. The site also has its own native cryptocurrency, KuCoin Token (KCS), which users may earn as prizes and use to reduce trading fees. KuCoin is well-known for its easy-to-use interface, strong security features, and active community involvement.
- ByBit – Bybit is a cryptocurrency derivatives exchange that provides leveraged trading for prominent cryptocurrencies such as Bitcoin and Ethereum. It has features including perpetual contracts, futures contracts, and options contracts, which allow users to profit from both bullish and negative price moves. Bybit provides high leverage choices, comprehensive trading tools, and an easy-to-use interface. It also includes its own native currency, known as Bybit currency (BYT), which can be acquired as a reward and used to reduce trading fees. Bybit is well-known for its emphasis on security, customer assistance, and risk management.
Harmony Coin FAQs
Where can I Buy harmony crypto?
Harmony crypto can be bought through various crypto exchanges including Binance, Huobi Global, gate.io, OKX and KuCoin.
Will Harmony One reach $1?
Harmony One coin needs to grow by 76.92 times to reach $1, considering its current market price of $0.013.
Note that, it took Harmony ONE 27 months to reach its all-time high price of $0.35 (in January 2022) from the lowest value of $0.015 (in October 2019). It grew by 23.33 times during that period. Therefore, it will need a minimum of 7.41 years for Harmony ONE to reach $1
How to stake Harmony one?
You can easily stake Harmony ONE token through Harmony One Wallet, Math Wallet, Ledger Nano or MetaMask wallet. Following are the steps to stake Harmony ONE coin:
- Visit the Harmony Staking Website and press the “Sign In” button.
- Click on the “Use Existing Address” button and then choose the wallet option.
After that, a list of validators will be displayed to which the coins have been delegated
Will Harmony ONE reach $1000?
Reaching $1000 Harmony one coin needs to grow by 76,923 times considering its current market price of $0.013. Considering 23.33 times growth in 27 months (which Harmony ONE showed to reach its all-time high value of $0.35), ONE’s price needs a minimum of 7,418 years to reach $1000 (which is indeed not practical). So, will Harmony ONE reach $1000? Probably, not
Can Harmony ONE reach $5?
To reach $5, Harmony One coin needs to grow by 384.61 times considering its current market price of $0.013. Considering 23.33 times growth in 27 months (which Harmony ONE showed to reach its all-time high value of $0.35), ONE’s price can reach $5 in the next 37.09 years. It is again not practical either
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.