OMNI (Omni Network) rose 94.71% in the last 24 hours.

Gate News Bot news, July 30, according to CoinMarketCap data, as of the time of writing, OMNI (Omni Network) is currently priced at $4.97, having pumped 94.71% in the last 24 hours, with a high of $7.13 and a low of $2.27, and the 24-hour volume reaches $988 million. The current market capitalization is approximately $171 million, an increase of $83.4 million compared to yesterday.

Omni Network is an abstraction layer of the Ethereum ecosystem that allows developers to access all users and liquidity across rollups without upgrading contracts. Omni currently supports Ethereum L1, Arbitrum, Optimism, and Base, with more networks to be added in the future. Developers can integrate Omni SolverNet in a matter of days without requiring any changes or audits to smart contracts, thereby accelerating growth and reaching more users. Omni simplifies the user journey of applications, hiding gas and fees, with each transaction taking less than 5 seconds.

Important recent news about OMNI:

1️⃣ The launch of the Korean Won market drives prices soaring Omni Network (OMNI) was launched on July 29 on the Korean won market of major trading platforms in South Korea, supporting transactions on the Ethereum network. This important development significantly enhanced the liquidity and accessibility of OMNI, opening new channels for its expansion in the Asian market, directly driving a substantial rise in token prices.

2️⃣ Continuous rise trend highlights investor confidence OMNI recorded a rise of 18.32% on July 28, with a volume of 251 million USD in 24 hours. Subsequently, on July 30, the rise further expanded to 94.71%, with the volume surging to 988 million USD. This continuous strong performance reflects the market's sustained optimism towards the technology and development prospects of Omni Network.

3️⃣ The advantages of multi-chain interoperability have been recognized by the market Omni Network, as an abstraction layer of the Ethereum ecosystem, is gradually revealing its value with features that support multiple networks such as Ethereum L1, Arbitrum, Optimism, and Base. This cross-chain compatibility not only enhances the utility of OMNI but also expands its potential market size, making it one of the core factors driving price rise.

From a technical perspective, the OMNI price has broken through multiple resistance levels in the short term, showing a strong rise momentum. On the fundamental side, Omni Network continues to enhance its competitiveness in the multi-chain interoperability field by expanding market coverage and strengthening cross-chain capabilities, providing solid support for the value of the OMNI token.

This message is not intended as investment advice; investors should be aware of market volatility risks.