OMNI, the native token of the Layer 1 blockchain, Omni Network, has captured significant market interest over the past 24 hours. The token recorded a triple-digit gain, soaring over 100% earlier today.
Notably, the token’s surge was primarily catalyzed by the official listing announcement from South Korea’s largest crypto exchange, Upbit.
Omni Network(OMNI) KRW Market Support
✅ Supported Market : KRW Market
📅 Trading opens at: 2025-07-29 18:30 KST🔗 Discover more:https://t.co/um86JCcJ4j#Upbit #OMNI@OmniFDN pic.twitter.com/Gu5vwaBYGx
— Upbit Korea (@Official_Upbit) July 29, 2025
Upbit Lists OMNI
On July 29, 2025, Upbit announced that it would add support for OMNI. Starting at 6:30 PM KST, Upbit users can trade the OMNI/KRW pair on the platform.
Remarkably, Upbit implemented several measures to ensure that the token listing is fair and transparent. Buy orders will be restricted within the first five minutes after trading starts. Around the same time, the exchange will also limit sell orders priced at over 10% lower than the previous day’s close.
Additionally, Upbit will only allow users to place limit orders for the OMNI/KRW pair within the first two hours of listing to prevent wild price fluctuations and market manipulation. The exchange further stated that all OMNI transactions must be conducted via the Ethereum network using its verified contact address. Any transfers from unverified addresses would require additional verification.
OMNI Surges Near 200%
Historically, exchange listings often preceded significant surges in token price. They increase the token’s liquidity and boost its visibility, expanding its availability to a wider audience.
Upbit is known for its massive user base and high trading volumes, earning it the top spot in the South Korean crypto market. Thus, it is unsurprising that OMNI’s listing on the exchange was an immediate hit.
Following the listing announcement, OMNI surged by nearly 200% to reach an intra-day high of $7.05, according to CoinGecko data. Notably, the token has shed some of its gains since attaining that high.
At press time, OMNI is trading at $5.4, which is still a remarkable 89.6% increase in the past 24 hours, with its market cap sitting at $190 million.
However, despite the slight decline, investor interest in the token has continued to increase. OMNI’s trading volume is currently over $690 million, which is more than double the amount recorded during the token’s intra-day peak.
With the recent rally, OMNI is up 265% from its all-time low of $1.37 recorded earlier this month.
About Omni Network
Omni Network is a Layer 1 blockchain designed to unite Ethereum rollups, solving the problem of fragmented liquidity. The platform enables developers to build and deploy decentralized applications (dApps) across multiple Ethereum rollups without upgrading their contracts.
Omni Network seeks to boost the scalability and utility of the Ethereum ecosystem by providing interoperability between rollups. The platform is backed by several big names in the industry, including Pantera Capital and Coinbase Ventures.
The OMNI token underpins every transaction on the network. It is the platform’s native token and serves several crucial roles within the ecosystem.
With a total supply of 100 million tokens, OMNI serves as the platform’s governance token, allowing holders to influence key decisions regarding the ecosystem’s development. Token holders also serve as validators, contributing to the network’s security while receiving staking rewards.
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