Since the beginning of this month, following the announcement of the mainnet shutdown, Harmony (ONE) has surged nearly 500%

Odaily News: According to OKX market data, since the announcement of the mainnet shutdown on September 6, the Harmony token ONE has surged by nearly 500%, currently trading at 0.00411 USDT as of publication, with a 24-hour gain of 82.1%.

Previously, Harmony released two proposals aimed at fully shutting down the Layer 1 mainnet launched in 2019, migrating the native token ONE to Ethereum, and pivoting to an AI video mashup business.