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Harmony One Price Predictions 2021: Is it profitable to invest in Harmony?

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Welcome to our Harmony One Price Predictions. Learn everything you need to know about harmony one.

What is Harmony One

Launched as part of the initial exchange offering (IEO) on the Binance Launchpad in May 2019, Harmony (ONE) is a decentralized blockchain platform designed as a bridge between scalability and decentralization efforts.

Its development went under the motto of “decentralization at scale” with the focus on data sharing and the creation of marketplaces of fungible tokens and non-fungible assets.

Furthermore, Harmony comes with an additional promise of delivering high throughput accompanied by two “lows”: latency and fees. Combined, they are supposed to put the platform at the heart of the efforts to lay the foundation of the future decentralized trustless economies.

Prior to the IEO, Harmony started out as a startup in 2018. Its fundraising project managed to raise USD 18 million in April 2019, drawing attention from multiple investors such as Silicon Valley’s Consensus Capital, Hong Kong’s Lemniscap VC and others. More than 2.8 billion of its ONE tokens were purchased by investors, with 12.6 billion of them set aside for pre-mining.

To investors, Harmony promises access to an ecosystem which will support its adoption across various markets, with the focus on data sharing, decentralized marketplaces, supply chain tracking, ad exchanges, credit rating systems and gaming.

What Is Harmony Trying to Achieve?

Harmony’s development focused on the idea that no platform has achieved a satisfying degree of balance between decentralization and scalability, as explained in the project’s whitepaper. Based on this, it promises to deliver the goods on the following goals:

Harmony wants to get rid of structural limitations preventing the cryptocurrencies from becoming genuine digital money.

This primarily refers to the scalability problem, such as that faced by Bitcoin whose increased popularity created performance and brought about increased costs of the use of its payment system. Instead of this, Harmony will implement deep sharding technology which covers not only the transaction validation and network communication, but the blockchain state as well.

Its bid for full scalability is based on getting rid of the modular approach and trying to solve consensus “on scale”.

This includes optimizations which are being added across multiple layers of consensus algorithms, networking and systems to improve performance without hurting decentralization.

Higher transaction throughput is what should set Harmony apart from the likes of Ethereum and other blockchain solutions which are forced to achieve performance gains by sacrificing other features.

Harmony developers describe competing solutions as unable to resolve scalability issues or provide support for applications which require high throughput performance, such as with gaming or decentralized exchanges. Similarly, blockchains such as EOS or IOTA tried replacing consensus models and introducing new tech, such as directed acyclic graph (DAG).

All of these came at the expense of security and/or decentralization which Harmony aims to preserve by creating shards (groups) of validators that would be able to process transactions simultaneously.

Based on this, the total transaction throughput should increase in a linear manner and in parallel with the growth in the number of shards. In September 2018, Harmony’s testnet managed to achieve 118,000 TPS with some 44,000 nodes, with the hope to close the gap to the Visa’s 2,000 TPS on a daily basis.

Harmony’s consensus protocol goes for speed and energy efficiency. Much of the Harmony’s scalability and throughput promises rest on the ability of its Fast Byzantine Fault Tolerant protocol (FBFT) to employ parallel transaction processing to scale with the size of the network and effectively tackle its connection latency. Its network topology is designed to enable for faster consensus reaching and message exchange.

At the same time, Harmony features a kernel designed to run its protocol in a manner which allows a wider range of devices to participate in the consensus building, thus strengthening its decentralization.

The deep sharding process itself relies on adaptive proof-of-stake model based on distributed randomness generation (DRG) procedure which is described as secure, easily verifiable and scalable.

How Does Harmony’s Deep Sharding Work?

Sharding has emerged as one of the methods by which the blockchain developers aim to increase transaction speeds of the blockchain-based platforms. In short, the concept rests on the approach which is already being used in databases to improve their efficiency.

One of the best-known implementations of sharding in the crypto world is the one used with Zilliqa. Each of its shards is capable of processing a fraction of the totality of transactions taking place on the Zilliqa network.

The platform thus profits from the increased number of shards on it, as the transaction can be managed by more units which take care of them.

Supposedly, the problem the Harmony developers have with this approach is that it does not include the division of the blockchain data storage.

This prevents the devices with limited access to resources to participate in the network and increases the risk of single-shard takeover attacks. Instead of this, Harmony proposes the deep sharding of the blockchain state:

This approach involves sharding on both the transaction and consensus layers.

Based on this, the nodes can identify other nodes which can play a role in the transaction and make transactions only with them as part of the consensus-building procedure.

This is supposed to improve the parallel processing capacity and, in turn, throughput performance of the platform.

Finally, the elimination of the need to store the whole of the blockchain state by the nodes allows smaller capacity devices to become nodes on the network as well.

How Does Harmony’s Sharding Protect Itself?

Sharding systems would be more exposed to malicious code attacks were it not for the random assignment of nodes to shards.

Based on randomizing, the code has a hard time finding the appropriate shard it is attributed to. This had led to a variety of options being implemented with various crypto platforms employing this technology.

The distributed randomness generation (DRG) used by Harmony came about after its developers studied similar solutions used by the likes of OmniLedger and RapidChain.

All of them were found lacking in key aspects, such as speed and security, leading to the creation of a unique system for Harmony:

The Harmony team went for combining the strengths of the Verifiable Random Function (VRF), implemented in Algorand, and Verifiable Delay Function (VDF) proposed for the Ethereum 2.0.

With the help of BRH, validator nodes create random numbers and forward them to leader nodes which use this information to come up with the final random number. At the same time, the VDF is used to postpone the revealing of this number to make the process safer.

Compared to OmniLedger’s RandHound DRG protocol which was described as too slow for larger decentralized systems, Harmony’s solution is supposedly much faster. Also, compared to the VSS system, such as the one found with RapidChain, the Harmony’s protocol is described as unbiasable and verifiable.

Harmony One Price Prediction 2021

Month Average Price ($) Change (%)
Feb 2021 $0.1747445366 USD 41.54 %
Mar 2021 $0.1840930500 USD 49.12 %
Apr 2021 $0.1902588531 USD 54.11 %
May 2021 $0.1793373962 USD 45.26 %
Jun 2021 $0.2033656457 USD 64.73 %
Jul 2021 $0.1607585844 USD 30.21 %
Aug 2021 $0.1620876299 USD 31.29 %
Sep 2021 $0.1689714860 USD 36.87 %
Oct 2021 $0.1853886571 USD 50.16 %
Nov 2021 $0.1827077637 USD 47.99 %
Dec 2021 $0.1908615109 USD 54.6 %

Harmony One Price Prediction 2022

Month Average Price ($) Change (%)
Jan 2022 $0.2032525715 USD 64.63 %
Feb 2022 $0.2396589741 USD 94.12 %
Mar 2022 $0.1892695502 USD 53.31 %
Apr 2022 $0.1984477188 USD 60.74 %
May 2022 $0.2428680289 USD 96.72 %
Jun 2022 $0.1977358966 USD 60.17 %
Jul 2022 $0.1864707170 USD 51.04 %
Aug 2022 $0.2436857427 USD 97.39 %
Sep 2022 $0.1909993333 USD 54.71 %
Oct 2022 $0.2361869361 USD 91.31 %
Nov 2022 $0.2376932275 USD 92.53 %
Dec 2022 $0.2038222391 USD 65.1 %

Harmony Price Prediction 2023

Month Average Price ($) Change (%)
Jan 2023 $0.2751008269 USD 122.83 %
Feb 2023 $0.2895673577 USD 134.55 %
Mar 2023 $0.2474162095 USD 100.41 %
Apr 2023 $0.2974594798 USD 140.94 %
May 2023 $0.2607637853 USD 111.22 %
Jun 2023 $0.2571956311 USD 108.33 %
Jul 2023 $0.2542666100 USD 105.96 %
Aug 2023 $0.2316702593 USD 87.65 %
Sep 2023 $0.2614203901 USD 111.75 %
Oct 2023 $0.2143557372 USD 73.63 %
Nov 2023 $0.2553913589 USD 106.87 %
Dec 2023 $0.2243245678 USD 81.7 %

Harmony One Price Prediction 2024

Month Average Price ($) Change (%)
Jan 2024 $0.3496995945 USD 183.26 %
Feb 2024 $0.2824418839 USD 128.78 %
Mar 2024 $0.3079803384 USD 149.46 %
Apr 2024 $0.2535887583 USD 105.41 %
May 2024 $0.2574862637 USD 108.56 %
Jun 2024 $0.2571875570 USD 108.32 %
Jul 2024 $0.2554877701 USD 106.94 %
Aug 2024 $0.3688746962 USD 198.79 %
Sep 2024 $0.2506874718 USD 103.06 %
Oct 2024 $0.2661630303 USD 115.59 %
Nov 2024 $0.3691403633 USD 199 %
Dec 2024 $0.3654543497 USD 196.02 %

Harmony One Price Prediction 2025

Month Average Price ($) Change (%)
Jan 2025 $0.3542471195 USD 186.94 %
Feb 2025 $0.3128779195 USD 153.43 %
Mar 2025 $0.3235318883 USD 162.06 %
Apr 2025 $0.3935264048 USD 218.76 %
May 2025 $0.3515001247 USD 184.71 %
Jun 2025 $0.3586218862 USD 190.48 %
Jul 2025 $0.3833769443 USD 210.53 %
Aug 2025 $0.3699718006 USD 199.68 %
Sep 2025 $0.4208868451 USD 240.92 %
Oct 2025 $0.4222489610 USD 242.02 %
Nov 2025 $0.3481768549 USD 182.02 %
Dec 2025 $0.4316082337 USD 249.6 %

Harmony Price Prediction 2026

Month Average Price ($) Change (%)
Jan 2026 $0.4225061565 USD 242.23 %
Feb 2026 $0.4581662949 USD 271.11 %
Mar 2026 $0.4528906588 USD 266.84 %
Apr 2026 $0.3950228518 USD 219.97 %
May 2026 $0.4355826331 USD 252.82 %
Jun 2026 $0.4467978756 USD 261.91 %
Jul 2026 $0.3923568114 USD 217.81 %
Aug 2026 $0.4491827945 USD 263.84 %
Sep 2026 $0.4238407699 USD 243.31 %
Oct 2026 $0.4358385965 USD 253.03 %
Nov 2026 $0.3989830696 USD 223.18 %
Dec 2026 $0.4578051141 USD 270.82 %

Harmony Price Prediction 2027

Month Average Price ($) Change (%)
Jan 2027 $0.5412374991 USD 338.4 %
Feb 2027 $0.4994885318 USD 304.59 %
Mar 2027 $0.4793985816 USD 288.31 %
Apr 2027 $0.5208711126 USD 321.9 %
May 2027 $0.5233470934 USD 323.91 %
Jun 2027 $0.4901964457 USD 297.06 %
Jul 2027 $0.5387661678 USD 336.4 %
Aug 2027 $0.4982516742 USD 303.58 %
Sep 2027 $0.4515761850 USD 265.78 %
Oct 2027 $0.5244471854 USD 324.8 %
Nov 2027 $0.4456565033 USD 260.98 %
Dec 2027 $0.4931059654 USD 299.42 %

Harmony Price Prediction 2028

Month Average Price ($) Change (%)
Jan 2028 $0.5069914927 USD 310.66 %
Feb 2028 $0.5712066920 USD 362.68 %
Mar 2028 $0.5632469748 USD 356.23 %
Apr 2028 $0.5003390926 USD 305.27 %
May 2028 $0.6168855512 USD 399.68 %
Jun 2028 $0.5331354236 USD 331.84 %
Jul 2028 $0.5834067251 USD 372.56 %
Aug 2028 $0.5682224586 USD 360.26 %
Sep 2028 $0.5170202814 USD 318.79 %
Oct 2028 $0.5948237260 USD 381.81 %
Nov 2028 $0.5637668868 USD 356.65 %
Dec 2028 $0.5064395486 USD 310.22 %

* Our predictions are made on the basis of Historical Data. We are not responsible for any profit/loss.

Questions & Answers about Harmony Projection

What is the Harmony price today?

The current price of Harmony is 0.124 USD today.

Will Harmony price grow / rise / go up?

Yes. The Harmony price can go up from 0.124 USD to 0.196 USD in one year.

Is it profitable to invest in Harmony?

Yes. The long-term earning potential is +57.84% in one year.

Will Harmony price fall / drop?

No.

What will Harmony be worth in five years (2026)?

The Harmony (ONE ) future price will be 0.585 USD.

Will Harmony replace / surpass / overtake Bitcoin?

According to our predictions, this won’t happen in near future.

Will Harmony crash?

According to our analysis, this will not happen.

Will Harmony hit 1 USD in a year?

Not within a year.

Will Harmony hit 5 USD in a year?

Not within a year.

Will Harmony hit 10 USD in a year?

Not within a year.

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