Omni Network Announces Private Mainnet Launch for Next Week
Omni Network (OMNI) announced the upcoming launch of its private mainnet, with completion at 95%. The announcement was made via X (formerly Twitter), generating excitement among the community. Developers will soon have access to innovative tools for creating global applications across the Ethereum rollup ecosystem.
Private mainnet next week.
🟦🟦🟦🟦🟦🟦🟦🟦🟦⬜️ 95%
— Omni Network (@OmniFDN) November 29, 2024
Market Reacts to Omni Network Announcement
The crypto market reacted positively, with OMNI's market capitalization increasing by over 4.15%, reaching $108.22 million. The token price rose by 4.14% to $11.11 within 24 hours, according to CoinMarketCap.
Despite these gains, trading volume for OMNI decreased by 24.26% to $75.60 million. Analysts suggest this decline may indicate profit-taking by investors and a cautious approach as they await further updates on the mainnet launch.