3 reasons why Harmony (ONE) rallied back to its all-time high this week

3 reasons why Harmony (ONE) rallied back to its all-time high this week

Strong fundamentals, an influx of new users and a recently launched $300 million developer incentive are just a few reasons why ONE price is chasing a new all-time high. Bitcoin price is still a ways from its $69,000 all-time high but this isn't stopping altcoins from moving toward new highs. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.13 on Dec. 4, the price of Harmony (ONE) has risen 163% to establish a new all-time high of $0.38 on Jan. 14 ONE/USDT 1-day chart. Source: TradingViewThree reasons for the growing strength of Harmony include an....


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3 reasons why Harmony (ONE) rallied to a new all-time high

ONE hits a new all-time high following a series of major partnerships and the launch of a $300 million ecosystem development fund. Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that  reward and incentive programs are one of the best ways to attract new users and protocols to a project. One protocol that has recently seen its token price rally following the release of an ecosystem development grant is Harmony (ONE), a blockchain protocol focused on improving scalability between....

Harmony (ONE) gains 230% after Ethereum network integration

Harmony price surged in February after adding a trustless Ethereum bridge to avoid high gas fees. Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors.Harmony (ONE), ATOM, SOL, NEAR, OMG at Binance. Source: TradingViewAlthough other scaling-focused solutions such as Cosmos (ATOM), Solana (SOL), NEAR, and OMG also rallied during the same time period, Harmony's performance stands out. Harmony is a sharding....

Harmony Dangles $1M Reward For Return Of $100M Stolen Funds – Is It Enough?

Harmony Protocol wants its money back. Seriously – and without any charges. Harmony has offered a $1 million bounty for anyone who can provide information that can lead to the retrieval of the stolen funds from the hack of its Horizon bridge. The company disclosed on June 24 that a hacker infiltrated their Horizon bridge […]

What is Harmony (ONE) blockchain and why it is getting so much traction?

Harmony (ONE) is a new blockchain network that is gaining traction as more developers and crypto investors become aware of its features. Is Harmony ONE a good investment?Investing is a very personal endeavor. Do your own research and try to stay on top of any advances in the Harmony ecosystem that might help it grow.Although there is still much to be done, the Harmony project has been considered a solution to poor scaling and interoperability and a useful foundation for DApp developers to scale their apps and transactions. Harmony aspires to be a top crypto network known for its speed and....

Harmony offers $1M bounty, but is it big enough?

The Harmony team says it will offer $1 million to the hacker who exploited the Horizon Bridge for $100 million, but that may not be enough to get the funds back. The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week. Harmony tweeted on June 26 that the team had committed $1 million for the return of the funds that were stolen from the Horizon Bridge on June 23. It added, “Harmony will advocate for no criminal charges when funds are returned.”We commit to a $1M bounty for the return of....