Today's Harmony price is $0.24356, which is down 5% over the last 24 hours. Harmony's market cap is $2.79B. 24 hour ONE volume is $141.84M. It has a market cap rank of 68 with a circulating supply of 11,451,323,225. Harmony is traded on exchanges. Harmony had an all-time high of $0.346509 about 1 month ago. Over the last day, Harmony has had 66% transparent volume and has been trading on 245 active markets with its highest volume trading pairs being .
Harmony’s open, decentralized network is enabled through the use of the native protocol token - Harmony ONE. The token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network. In order to use the network, users pay a small transaction fee denominated in the native Harmony token.
Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & governance).
Harmony uses blockchain to align incentives of different stakeholders, developers and businesses while allowing them to build open marketplaces of fungible and non-fungible tokens and assets. Furthermore, the upcoming application of zero-knowledge proofs will allow Harmony to become a data sharing platform that can overcome the conflicting problem plaguing many information and data markets: that individual market participants’ have mutual distrust to share data but strong desire to acquire data themselves.
The Harmony token will function in the following aspects of the protocol:
The token is used for staking, which is necessary to participate in the POS consensus & earn block rewards a...nd transaction fees.
The token is used to pay for transaction fees, gas and storage fees.
The token is used in voting for on-chain governance of the protocol.