Harmony (ONE) Declines 7.3% Amid It Plans To Create An Ecosystem Development Fund

The price chart of Harmony shows a sharp decline of 7.3%. And reaches a price mark of $0.174522.The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts 2-second transaction completion and offers cross-chain bridges for several layer protocols, including Bitcoin, Ethereum, Polkadot, and Binance Smart Chain. Data from Cointelegraph Markets Pro and TradingView show that since hitting a low of $ 0.095 on August 31, the price of ONE has increased by 120% to a daily high of $ 0.21 on September 9, as its 24-hour trading volume increased to $ 717 million.What Is The Cryptocurrency Harmony (ONE)? Instructions on Staking The surge in ONE price occurred after the project announced the creation of a new ecosystem fund worth $ 300 million, aimed at attracting 10,000 developers and founders of the project to develop the protocol. In addition to the development fund, Harmony Price has also benefited from new partnerships and integrations established over the past few months. The latest development came with the announcement on September 8 of a partnership with Anyswap that will bring the Harmony Bitcoin Bridge.

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Miriam Bozini

Finance and Business Reporter