Filecoin vs Harmony

General

Description

Filecoin Logo
Filecoin
 (FIL)

Filecoin is a decentralized network that enables trading of unused cloud storage space. Participants can offer storage capacity and are compensated with Filecoin (FIL) by users who need storage. The marketplace relies on the Interplanetary File System (IPFS), a peer-to-peer network for storing files, essentially acting as a “decentralized Dropbox.”

Filecoin overview
Harmony Logo
Harmony
 (ONE)

Harmony is a blockchain and smart contract platform designed for decentralized applications, aiming to strike a balance between decentralization, scalability, and security. It uses multiple parallel blockchains (“state sharding”) to drastically reduce latency and produce new transaction blocks within seconds.

Harmony overview

Purpose and goals

Filecoin Logo
Filecoin
 (FIL)
  • Decentralized storage network
  • Censorship-resistant cloud storage
  • Marketplace and infrastructure
Harmony Logo
Harmony
 (ONE)
  • Smart contract platform
  • High-performance blockchain
  • Secure consensus mechanism

Price and market data

Price chart

Filecoin
 (FIL)

$2.47

-0.23%
Harmony
 (ONE)

$0.0107

+0.16%
Market data
FilecoinHarmony
Market cap
$1.69B
$156.9M
Market share
0.042%
0.0039%
Current price

$2.47

-$0.089-3.62%

$0.011

-$0.00057-5.33%
FIL converterONE converter
All-time high
$236.84
Apr 01, 2021-98.95%
$0.38
Oct 26, 2021-97.17%
Crypto all-time highs
Cycle low
$1.99
+23.68%Jun 22, 2025
$0.0081
+32.23%Jun 22, 2025
Prediction for 2025
Powered by AI
$8.48
+242.13%
$0.020
+90.45%
FIL predictionONE prediction
Momentum
Neutral
NegativePositive
Neutral
Negative
NegativePositive
Negative
Relative Strength Index
Neutral
BuySell
Neutral (50.64)
Neutral
BuySell
Neutral (49.75)
Price trend
Positive
(16/30 days)
Negative
(16/30 days)
Price performance
-31.29%
-3.57%
Price performance
-48.69%
-47.17%
Price performance
-11.26%
-13.27%
Price performance
-0.23%
+0.16%
Price performance
-3.62%
-5.33%
Price performance
-1.26%
-1.76%
Annual return
-49.78%
-61.08%
Annual return
-18.09%
+43.06%
Annual return
+102.81%
+96.76%
FIL returnsONE returns
Total return
-95.81%
2020 – 2025
-51.93%
2019 – 2025
Average annual return
-4.06%
+754.29%
Transaction volume
$169.85M
24h
$9.9M
24h
Max supply
1.96B
Circulating supply
684.05M
14.69B
Inflation
22.92%
Year
5.17%
Year
Crypto inflation

On-chain data

Market data
FilecoinHarmony
Total Value Locked (TVL)
$31.2M
$1.38M
What is Total Value Locked?
Market cap/TVL (ratio)
54.22
113.87
Transactions (avg./day)
Active addresses (24h)

Our rating

Our rating
FilecoinHarmony
Our overall rating
Filecoin
Harmony
How we evaluate cryptocurrencies

Our individual ratings

Risk
Filecoin: 2 of 10
Risk (Filecoin)
Harmony: 2 of 10
Risk (Harmony)
Filecoin Logo
Harmony Logo
riskyless risky
Community
Filecoin: 2 of 10
Community (Filecoin)
Harmony: 4 of 10
Community (Harmony)
Filecoin Logo
Harmony Logo
smalllarge
Hype & momentum
Filecoin: 2 of 10
Hype & momentum (Filecoin)
Harmony: 3 of 10
Hype & momentum (Harmony)
Filecoin Logo
Harmony Logo
weakstrong
Active usage
Filecoin: 6 of 10
Active usage (Filecoin)
Harmony: 4 of 10
Active usage (Harmony)
Filecoin Logo
Harmony Logo
lowhigh
Network effect
Filecoin: 4 of 10
Network effect (Filecoin)
Harmony: 1 of 10
Network effect (Harmony)
Filecoin Logo
Harmony Logo
weakstrong
Decentralization
Filecoin: 4 of 10
Decentralization (Filecoin)
Harmony: 4 of 10
Decentralization (Harmony)
Filecoin Logo
Harmony Logo
centralizeddecentralized

Our opinion

Filecoin Logo
Filecoin
 (FIL)
Filecoin presents an exciting use case for blockchains. Beyond finance, centralized control can be problematic in many areas. The ability to store certain files (documents, photos, videos) in a fully decentralized manner—thus protected from single points of failure, censorship, or manipulation—is highly valuable for various applications. Filecoin utilizes the IPFS protocol and provides an open marketplace to connect supply and demand. We consider Filecoin a solid, promising, and long-term project that often does not receive the attention it deserves. However, there are risks and challenges: the storage of highly illegal or morally questionable content is the dark side of a censorship-resistant network. It remains to be seen whether this will become an issue in the future and whether the demand for decentralized storage—and thus the price of cryptocurrencies like Filecoin—will continue to rise.
Filecoin overview
Harmony Logo
Harmony
 (ONE)
Harmony is a relatively new Layer-1 blockchain and a fresh competitor in the realm of smart contract platforms. What sets Harmony apart is its use of Random State Sharding, which essentially means executing network tasks in parallel to quickly produce new transaction blocks, thereby boosting efficiency. To maintain security in this setup, Harmony utilizes VRF (Verifiable Random Function) to ensure unpredictable, unbiased, verifiable, and immediate randomization, enabling a fair validation process. For its consensus mechanism, it relies on Effective Proof of Stake (EPoS), tailored to fit the sharding concept. Like all newer smart contract platforms, Harmony still has to prove itself, especially when it comes to solidifying its technological foundation. Currently, the most well-known project running on the Harmony blockchain is the blockchain game DeFi Kingdoms. Overall, the number of projects building on Harmony remains quite limited. We’re continuing to watch Harmony from the sidelines, but for now, investing in its cryptocurrency feels too risky for us.
Harmony overview

Details

Info
FilecoinHarmony
Founder
Juan Benet
Stephen Tse, Sahil Dewan, Rongjian Lan, Nick White
Developer
Filecoin Foundation, Protocol Labs
Harmony Foundation
Published
2014
2018
Open source
Yes
Yes
Sector
Storage
Smart Contracts
Key feature
Marketplace
Random State Sharding
Blockchain
Filecoin Blockchain
Harmony Blockchain
Staking
No
Yes
Consensus mechanism
Storage Power Consensus, Expected Consensus
Effective Proof of Stake
Energy consumption
Low
Low
Transactions per second
2,000 TPS
Institutional investors
  • Sequoia Capital
  • Digital Currency Group
  • Y Combinator
  • a16z Crpto
  • Galaxy Digital
  • Digital Currency Group
  • etc.
  • SNZ Holding
  • Lemniscap
  • HashKey Capital
  • Binance Labs
  • AU21 Capital
  • Digital Asset Capital Management
  • etc.
Community
673,541 followers
385,361 followers
Website
filecoin.io
www.harmony.one
Whitepaper
Whitepaper
Whitepaper
Filecoin vs Harmony

Filecoin or Harmony

Market data comparison of FIL versus ONE

The current price of Filecoin is $2.47 and has decreased by in the last 24 hours. Harmony is currently trading at $0.011, with a drop of over the same period. Filecoin has a market cap of $1.69B and ranks 78th. Harmony follows with a market cap of $156.9M, ranking 372nd — meaning it is valued lower.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Filecoin or Harmony?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Filecoin and Harmony. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Filecoin or Harmony, you can take a look at some additional market data to help with your decision:

Currently, Filecoin is about below it's all-time high of $236.84 reached on Apr 01, 2021.
In comparison, Harmony is down approximately from it's all-time high of $0.38 on Oct 26, 2021.
Filecoin currently has a 1,615.48% higher 24h transaction volume of $169.85M compared to Harmony with $9.9M.
Over the past year, Filecoin achieved a total return of , while Harmony returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Filecoin and Harmony. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Filecoin or Harmony?

Today, there are many reputable and secure exchanges that make it easy to invest in Filecoin and Harmony. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Filecoin and Harmony are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Filecoin and Harmony?

If you want to store cryptocurrencies like Filecoin or Harmony yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Filecoin, Harmony, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-18T23:50:33.036172+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.