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Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
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Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

Omni Network (OMNI) Maintains Momentum a Week After Upbit Listing, Price Up 276%

James Halver
James Halver
1 month ago
2 mins read

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Omni Network (OMNI) continues to ride a powerful bullish wave one week after its debut on South Korea’s top exchange, Upbit.

As of now, the token trades at approximately $5, marking a 276% surge over the past 30 days, with the listing acting as a major catalyst in drawing global investor attention.

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Launched to tackle fragmentation in Ethereum’s growing rollup ecosystem, Omni Network is fast becoming a favorite among both retail and institutional investors. The network’s promise of seamless interoperability between Ethereum rollups, powered by OMNI as a universal gas token, has boosted its bullish momentum.

Why OMNI Is Outperforming the Market

OMNI’s remarkable ascent began with its July 29 listing on Upbit. Within hours, the token surged from $2.50 to over $7.80, before stabilizing around $5. High trading volumes exceeding $580 million supported the magnitude of investor demand.

Technical indicators remain bullish. The MACD line continues to trend above the signal line, while RSI levels, though overbought, suggest sustained momentum.

Analysts view $4.36 as a crucial support level, with $5.98 and $6.94 serving as key resistance points. A breakout above these could pave the way to $10 and beyond in the coming months.

Beyond speculative interest, the token’s utility adds long-term value. Its dual staking model, which includes both the token and restaked ETH, combined with its universal gas marketplace, makes it a foundational infrastructure layer in Ethereum’s modular future.

Omni Network OMNI OMNIUSD

OMNI's price trends to the upside on low timeframes breaking out of a downtrend and hinting at further profits. Source: OMNIUSD on Tradingview 

Outlook: Can This Crypto Keep the Momentum Going?

Omni Network’s design aligns well with the Ethereum roadmap, and its market performance reflects strong confidence in its value proposition. With just over 10 million OMNI tokens currently in circulation, and most allocations under long-term vesting, supply remains constrained, adding to upward price pressure.

If adoption among Ethereum rollups continues and trading volumes hold, the token could hit $10–$30 within the next 12–24 months, according to mid-to-long-term forecasts.

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For now, the Omni Network story is one of strong fundamentals, positive technicals, and a market narrative centered on blockchain support, place OMNI as one of 2025’s most promising Layer 1 tokens.

Cover image from ChatGPT, OMNIUSD chart from Tradingview

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James Halver
James Halver

James Halver

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
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