Harmony is Ready to Ride the DeFi Wave

Harmony is a blockchain that focuses on smart contract applications and it is a competitor of Ethereum. The network has random state sharding and so the block creation time is very less. Harmony has 2-second transaction finality so it seems to be suitable for a variety of applications. The project was founded by Stephen Tse in 2017 and ONE, the native cryptocurrency of Harmony is ranked at 69th position as per market capitalization now. Harmony was always an interesting project due to its novel open infrastructure, high performance, low latency and low fee but it started to gain high attention from the investors since the beginning of 2021 and ONE price registered more than 2300% growth.

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