Daily Transactions on Harmony

Harmony (ONE) is a blockchain-based platform that aims to address the conundrum of achieving both scalability and decentralization without sacrificing either.

Harmony (ONE) was launched as part of the Binance Launchpad’s initial exchange offering (IEO) in May 2019. It is aimed to be a bridge between scalability and decentralization efforts. It was built with the motto “decentralization at scale” in mind, emphasizing data sharing and the construction of fungible token and nonfungible asset marketplaces.

What is ONE?

The ONE token is utilized as a stake in the Harmony consensus model. Holders can earn block rewards and be rewarded for keeping the system running smoothly.

Harmony, like many other layer 2 (L2) platforms, has its community token, Harmony ONE, which stresses the protocol’s objective of assisting open consensus procedures for billions of individuals throughout the world.

Why is Harmony ONE getting so much traction?

Harmony is getting a lot of traction because it addresses core blockchain concerns, is energy-efficient, has cross-chain capabilities, offers lower gas fees and has a huge potential for nonfungible tokens (NFTs).

Daily Transactions:

  • Total Transactions between February 23, 2022 to March 1, 2022 was 17.66M
  • Maximum daily transactions 3.15M was observed in February 24, 2022 and minimum Transactions of 1.71M was observed in February 27, 2022
  • Total Transactions decreased by 32% from 3.03M in February 23, 2022 to 2.06M in March 1, 2022

Cumulative Transactions:

  • Total Transactions between February 23, 2022 to March 1, 2022 was 17.66M
  • Maximum Transactions of 3.15M was observed in February 24, 2022 and minimum Transactions of 1.71M was observed in February 27, 2022
  • Total Transactions decreased by 32% from 3.03M in February 23, 2022 to 2.06M in March 1, 2022

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