Harmony (ONE) is a blockchain platform designed to facilitate the creation of decentralized applications. Direct access to Harmony’s open, decentralized, and secure network is available using the network’s own token, Harmony ONE. The use of this token is being increased by offering different incentives to participants, developers, and those who stake. Project users can opt to use ONE Coin for staking or to provide crypto-based loans through it. To use the network, users need to pay a small transaction fee with the network’s own cryptocurrency, which increases buying pressure on ONE.
Harmony is designed as a scalable protocol with high transaction capacity. Its staking service indicates that it has a Proof-of-Stake based consensus structure. ONE Coin can be used for staking, transaction fees, and voting. At the core of this blockchain network, which includes different stakeholders, are the developers. Developers are incentivized by paying ONE Coin according to the usage of the applications they develop.
With the upcoming zero-knowledge proof update, Harmony is expected to become a significant data sharing platform. This could play a crucial role in preventing misinformation in the markets.
What is Harmony (ONE)?
Harmony Coin ranks as the 127th largest cryptocurrency in terms of total market value. With a total supply of 12 billion, the circulating amount of Harmony Coin is around 9 billion dollars. ONE trades at a level of 0.0376 dollars and has a total market value of 348 million dollars.
The use of ONE Coin could increase with the upcoming update, which might positively reflect on its price. Since March 13, 2020, when the entire market bottomed, ONE Coin has gained an increase of 2,852%. Its all-time high was recorded on March 6, 2021. The ONE Coin is only 12% away from its record three days ago.
Where to Buy ONE Coin?
To purchase One Coin, using the Binance cryptocurrency exchange is sufficient. ONE can be bought through the ONE/USD or ONE/USDT trading pairs on Binance. The highest trading volume is seen in the ONE/USDT pair.
