Harmony Horizon Bridged cETH (Harmony Shard 0)Price(1ETH)
Details Harmony Horizon Bridged cETH (Harmony Shard 0) (1ETH) Price information (USD)
The current real-time price of 1ETH is $2,925.053. In the past 24 hours, 1ETH has traded between $24.79294 and $2,937.566, showing strong market activity. The all-time high of 1ETH is $3,565.57, and the all-time low is $24.78.
From a short-term perspective, the price change of 1ETH over the past 1 hour is
Harmony Horizon Bridged cETH (Harmony Shard 0) (1ETH) Market Information
Harmony Horizon Bridged cETH (Harmony Shard 0) (1ETH) Today's Price
The live price of 1ETH today is $2,925.053, with a current market cap of $0. The 24-hour trading volume is 8K. The price of 1ETH to USD is updated in real time.
Harmony Horizon Bridged cETH (Harmony Shard 0) (1ETH) Price History (USD)
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What is HARMONY HORIZON BRIDGED CETH (HARMONY SHARD 0) (1ETH)?
When is the right time to buy 1ETH? Should I buy or sell 1ETH now?
Before deciding whether to buy or sell 1ETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s 1ETH technical analysis can provide you with trading references.
Future price trend of 1ETH
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for 1ETH.
How much will 1ETH be worth tomorrow, next week, or next month in ? What about your 1ETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! 1ETH Price Prediction
How to buy HARMONY HORIZON BRIDGED CETH (HARMONY SHARD 0) (1ETH)
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1ETH Resources
To learn more about 1ETH, consider exploring other resources such as the whitepaper, official website, and other published information:
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HARMONY HORIZON BRIDGED CETH (HARMONY SHARD 0) (1ETH) FAQ
Why does 1eth have a different value compared to native Ethereum (ETH)?
1eth is a legacy wrapped asset on the Harmony blockchain. Following a security exploit on the Horizon Bridge, the original Ethereum backing these tokens was compromised. Because the collateral is no longer fully present, the token has "depegged" from its original parity with native ETH. It now represents a claim on the remaining assets and ongoing recovery efforts rather than a fully backed equivalent of Ethereum.
Is 1eth the same as native ETH or wrapped ETH (wETH)?
No, 1eth is an HRC-20 token specific to the Harmony network. It is fundamentally different from native ETH on the Ethereum mainnet and newer, fully collateralized bridged versions. While it was initially designed to track the value of ETH, the bridge exploit turned it into a legacy asset. Users should exercise caution and distinguish it from current, fully backed assets available in the market.
How can I recover funds or "un-bridge" 1eth to Ethereum?
Users cannot bridge 1eth back to the Ethereum network at a 1:1 ratio through the original mechanism. Recovery is primarily managed through the Harmony Recovery Exchange, a community-supported initiative. This portal allows holders to swap depegged assets for backed assets like USDC or ONE via scheduled "burn rounds." Some users also choose to swap their 1eth for other tokens on Harmony-based decentralized exchanges, though this is done at the current market rate for depegged assets.
What is the current status of the Harmony recovery plan?
The recovery process is an ongoing effort to reduce the circulating supply of depegged assets. Through initiatives like the HIP-30 proposal, the Harmony Treasury allocates funds to facilitate the burning of these legacy tokens. This process occurs in periodic cycles where users can exchange their 1eth for more liquid assets. The goal is to gradually address the bridge debt, although the timeline for full resolution remains extended and dependent on community governance.
Can I deposit 1eth directly into my LBank account?
No. LBank and other major centralized exchanges generally support native ETH on the Ethereum network or other specific bridge standards. Because 1eth is an HRC-20 token on the Harmony Shard 0 network, sending it to a standard ETH deposit address will likely result in the permanent loss of your funds. To move these funds to an exchange like LBank, you should first swap the 1eth for a supported asset such as ONE within the Harmony ecosystem.
Why is 1eth labeled as "Shard 0" and how is it accessed in a wallet?
Harmony utilizes a sharding architecture to enhance scalability, with Shard 0 serving as the primary layer for smart contracts and decentralized applications. To interact with 1eth, your wallet must be connected to the Harmony Mainnet Shard 0. If your tokens are on a different shard, they must be transferred to Shard 0 for trading or recovery. To view the tokens in your wallet, you must manually import the specific HRC-20 contract address verified on the official Harmony Explorer.
Important HARMONY HORIZON BRIDGED CETH (HARMONY SHARD 0) (1ETH) industry updates
Time (UTC+8) | Type | News |
|---|---|---|
01-16 01:57:19 | Market Information | Harmony Horizon Bridged cETH (1eth) is primarily contextualized by the significant June 2022 Horizon Bridge exploit, which saw approximately $100 million in various assets, including bridged tokens, stolen due to compromised private keys. This incident, attributed to the Lazarus Group, severely impacted the security perception of assets transferred via the Horizon Bridge. While the broader Harmony ecosystem focuses on technical upgrades and future developments, investors should acknowledge the historical vulnerabilities of the bridge that facilitated this asset's existence, with lingering security concerns noted within the wider Harmony network. |
