- Harmony (ONE) strikes a new ATH of $0.353.
- ONE has surged a massive hain of 271% over the past 2 months.
- Many reasons together promote such price surge of Harmony (ONE).
Not even about 24 hours has been completed upon the record of its all-time-high (ATH). Yet, within this 24 hours, the Harmony (ONE) makes into the headlines once again, with another new ATH.
Accordingly, ONE hits its current ATH of $0.353. Moreover, the surge of price gains amounts to about 16% ovbe the past 24 hours taken into consideration. The Harmony platform is nothing but a network of smart contracts being played upon cross- dimensional blockchains, rallying between different blockchains such as that of the Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC) and much more.
In spite of all this, with the pass of each day, brings forth a new ATH for the Harmony (ONE). And so, many analysts consolidate that three major reasons owe to be responsible for such dramatic and continuous momentous price rise of ONE. These three reasons are as follows,
Fundings for Ecosystem Developments
On September 9, the Harmony platform and network announced officially regarding providing $300 million towards and as for ecosystem development funds.
Accordingly, this funds will be helping out reach to about more than 10,000 developers, crypto founders and creatives.
As a result, all this will in-turn solidify the Harmony platform and network more stronger and bigger.
In spite of this, from the 4th quarter of 2021 to the third quarter of 2022, Harmony would be spending about $180 million, announced officially.
The ONE World Conference
The second major reason for the price surge of ONE is its ONE World conference held in Lisbon.
In addition, the conference started on October 18, the very same date from when ONE started to surge all the way up from $0.22 to the current ATH of $0.353. Owing to this, the conference was a huge hit and gathered folks from all over the world.
The Harmony team at the conference consisted of people in blue tees, explaining about the platform’s deeds, protocols and future plans.
Partnerships and Integrations
This accounts to the third major reason for the surge of Harmony (ONE). Accordingly, the Harmony platform has incorporated the Decentralized Finance (DeFi) protocols by integrating itself with prominent DeFi platforms such as the Curve and AAVE.
These two partnerships have increased the users upon the Harmony platform profusely. In addition, the lower gas fees owe to be another reason too.
