Omni Network (OMNI) Price Soars 276% Following Upbit Listing
Omni Network (OMNI) has surged 276% to approximately $5 since its listing on Upbit, South Korea's leading exchange. The launch has attracted significant global investor interest.
Key facts include:
- Token launched to enhance interoperability in Ethereum’s rollup ecosystem
- Initial price rose from $2.50 to over $7.80 shortly after listing
- High trading volumes exceeded $580 million
- Technical indicators show continued bullish momentum with MACD above the signal line
- Support level identified at $4.36; resistance levels at $5.98 and $6.94
- Potential for price increase to $10 and beyond if breakout occurs
- Utility driven by dual staking model and universal gas marketplace enhances long-term value
With over 10 million OMNI tokens in circulation and constrained supply due to long-term vesting, upward price pressure is likely. Adoption among Ethereum rollups could drive prices to $10–$30 within the next 12–24 months.
Overall, Omni Network shows strong fundamentals and positive technicals, positioning it as a notable Layer 1 token for 2025.