Harmony Price Prediction 2024, 2025, 2030
Cryptocurrencies have many potential advantages over the traditional banking system. However, these digital assets have not achieved mass adoption for more than ten years since the first cryptocurrency appeared. Scalability has been one of the most prominent problems that blockchain technology has faced. Poor scalability often results in slow and inefficient transactions. Unless such problems are solved, it seems cryptocurrencies will not be able to replace traditional banking services.
However, several technological projects try to address the problem of blockchain scalability. One of the most notorious projects in this category is Harmony, which seeks to improve transaction speed and security while lowering gas fees. This project has shown impressive technological developments, earning the confidence of multiple investors. But what are the actual perspectives of the project and its token, ONE? Is it convenient to invest in this digital asset? Please find the answers in our current Harmony ONE price prediction for the next few years.
What Is Harmony (ONE)?
Harmony is a high-throughput and low-latency blockchain platform for creating and using decentralized applications (DApps). To increase scalability, Harmony utilizes random state sharding, allowing blocks to be created within a few seconds. Additionally, this platform has been demonstrated to be more secure and energy-efficient. It also implements cross-shard contracts and cross-chain infrastructure.
Harmony will help businesses to create marketplaces for fungible and non-fungible tokens (NFTs). It can process up to 2,000 transactions per second (tps), comparable to Visa’s capacity. This project expects to process 1,000,000 tps in the future, which would significantly exceed the 100,000 tps that Ethereum plans to achieve with the Ethereum 2.0 upgrade.
The Harmony native token, ONE, powers the platform by allowing users to participate in the ecosystem and enabling network payments (transaction fees, gas fees, and storage fees). It is also used as a stake for the so-called Effective Proof-of-Stake (EPoS) consensus mechanism. This token also has governance functions since holders have voting rights on on-chain matters. According to CoinMarketCap, ONE is the 119th most valuable cryptocurrency as of September 25, 2022.
Harmony Live Price Chart
The following table summarizes some of the key parameters of the ONE token, including the current trading price. These data correspond to September 25, 2022.
Harmony Technical Analysis
According to CoinMarketCap, ONE hit the market on June 1, 2019, at a trading price of $0.02093. The token quickly increased its price, reaching $0.02825 on June 4 that year. But this price hike was short-lived. The ONE price had dropped to $0.005032 by September 26, 2019. This token’s price remained below the $0.020 level throughout 2020. However, the ONE price began rising again at the beginning of February 2021.
By mid-March, the ONE price had already crossed the $0.05 mark, and it seemed unstoppable on its run to strike $0.10. It ultimately reached $0.2027 on March 27, 2021. However, the price dropped to $0.09911 on April 24, 2021. The ONE price had ups and downs, eventually reaching $0.1759 on May 17 that year. This token showed a lot of volatility for the remainder of 2021. However, it set its all-time high price on October 26, 2021, when it traded at $0.3798.
The ONE price was $0.2676 at the beginning of 2022. It seemed that ONE would have another excellent year when this token’s price reached $0.3556 on January 13. However, to the dismay of many investors, the ONE price plummeted, reaching $0.01707 on June 30. As of September 25, 2022, ONE traded at around $0.019.
Harmony (ONE) Price Prediction
As seen, ONE had poor performance before exploding in 2021. The current price drop is the result of the crypto winter this year. So, what can investors expect in 2023 and beyond? Let us look at the following ONE price prediction, summarizing forecasts from various reliable sources.
Harmony (ONE) Price Prediction 2025
Trading Beasts predicts the ONE price to reach a maximum of $0.06635 by the end of 2025. For its part, Price Prediction expects the ONE price to fluctuate between $0.067 and $0.083, averaging $0.069 throughout that year.
Experts with Coinpedia think that ONE could become the top decentralized finance (DeFi) token in 2025. If this happens, ONE could trade at a minimum of $0.07538 in 2025, possibly reaching $0.15002.
On average, the ONE price will be $0.10585. Tech News Leader has a more optimistic scenario for 2025. Accordingly, ONE will reach an average price of $0.19 that year, fluctuating between $0.18 and $0.22. Telegaon forecasts a ONE average price of $0.29 in 2025, with minimum and maximum of $0.15 and $0.41, respectively.
Harmony (ONE) Price Prediction 2030
In the long run, the perspectives for ONE are bullish. Price Prediction expects the ONE price to fluctuate between $0.40 and $0.47 in 2030, averaging $0.41. This prediction is consistent with Captain Altcoin’s, which forecasts a maximum price of $0.4069.
Tech News Leader expects the ONE price to reach $1.38 by the end of 2030. Accordingly, the average price will be $1.24. Finally, Telegaon has a very optimistic prediction, where the ONE price will fluctuate between $4.51 and $7.28 in 2030, averaging $5.35.
Conclusion
Harmony has demonstrated it can deliver impressive results. With a capacity to process transactions similar to Visa’s, Harmony has opened the possibility for crypto mass adoption. If we add low gas fees, cross-chain capability, and an energy-efficient consensus mechanism, we will have a blockchain platform with a very bright future.
However, the technological solutions implemented by Harmony must pass the test of time before one can firmly conclude this project has succeeded in scaling up the blockchain's capacity without compromising security and decentralization. As for Harmony’s native token, most price predictions are optimistic. Yet, many other factors can affect the price of a cryptocurrency, and the ONE price might not reach the forecasted price levels, particularly in the long run.
Harmony Price Forecast FAQs
Is Harmony (ONE) a good coin to buy?
ONE has significantly lost value in the current crypto winter. A lot of volatility will likely plague its performance for the remainder of 2022. However, in the long run, ONE will likely increase its price over the years. As with any other cryptocurrency, there is some risk when you invest in ONE.
However, this token is linked to a promising technological project. You should thoroughly research this digital asset before investing. If you decide to add ONE to your portfolio, you can get this token from LetsExchange.io. Our platform is easy to use and does not require registration.
How high can Harmony (ONE) go?
Nobody knows for sure. However, some predictions for 2040 indicate that ONE price could be above $25 that year.
What is the future of Harmony (ONE)?
The future of Harmony greatly depends on the evolution of the crypto industry. This project has made impressive progress, making its platform competitive against traditional banking systems. Yet, nobody knows if cryptocurrencies will ever replace payment systems like Visa and other similar ones. Many analysts think ONE is a solid investment, but its price can be affected by various factors. So, make sure you use the right investment strategy if you decide to invest in this asset.
What will ONE be worth in 2030?
ONE price predictions for 2030 vary greatly. An optimistic forecast expects the ONE price to reach a maximum of $7.28 in 2030.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.
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