29.07.2025 16:57

Omni Network's (OMNI) price experienced a remarkable surge, climbing nearly 90% in a single day. This dramatic increase propelled the token from intraday lows of $2.5 to a peak of $7.13, although it has since settled to approximately $5.37. The impressive gains coincided with a significant increase in daily trading volume, exceeding $584 million – a 455% jump.

This explosive price action follows a period of relative stagnation for OMNI. After reaching a high of $5.50 on July 11, 2025, the token had consolidated below $3.2, even facing bearish pressure below $1.7 at one point. The current rally contrasts sharply with this prolonged period of subdued price action.

The primary driver behind this sudden upswing appears to be the listing of OMNI on Upbit, South Korea's leading cryptocurrency exchange. This listing, announced via X (formerly Twitter), unlocked access for Upbit's large and active user base, triggering a speculative rally. The addition of OMNI to Upbit's platform is widely viewed as a catalyst for significant price appreciation, a pattern frequently observed with other newly listed assets on the exchange. Upbit's announcement confirmed the listing, specifying the commencement of KRW trading at 18:30 KST on July 29, 2025.


The overall market climate may have also contributed to OMNI's performance. While many smaller-cap cryptocurrencies have benefited from the broader upward trend affecting larger-cap tokens like Ethereum, XRP, and Solana, OMNI’s surge stands out, primarily attributed to the Upbit listing. This event provided a significant boost to investor sentiment and trading activity, leading to the observed price explosion.