OMNI (Omni Network) has pumped 26.12% in the last 24 hours.

Gate News Bot news, August 7th, according to CoinMarketCap data, as of the time of writing, OMNI (Omni Network) is currently priced at $4.78, having risen 26.12% in the last 24 hours, reaching a high of $4.78 and a low of $3.92. The 24-hour volume has reached $185 million. The current market capitalization is approximately $165 million, an increase of $34.2 million from yesterday. Currently, OMNI ranks 258th in global Crypto Assets market capitalization.

Omni Network is an abstraction layer of the Ethereum ecosystem that allows developers to access all cross-rollup users and liquidity without upgrading contracts. Omni currently supports Ethereum L1, Arbitrum, Optimism, and Base networks, with plans to add more network support in the future. The project aims to simplify the user experience of applications and achieve rapid cross-network scaling within days.

Important news about OMNI recently:

1️⃣ Omni Network launches Core mainnet Omni Network officially launched the Core mainnet, aiming to unify the decentralized rollup ecosystem of Ethereum. This significant milestone marks important progress for Omni Network in achieving cross-chain interoperability and optimizing user experience, and is expected to attract more developers and users to join its ecosystem.

2️⃣ Launch a $10 million user incentive program Omni Network announced the launch of a user incentive program totaling $10 million, while Symbiotic becomes the first application powered by SolverNet. This program aims to attract more users to participate in the Omni ecosystem and showcase its technology's potential in improving on-chain user experience, which is expected to drive the rise in demand for OMNI tokens.

3️⃣ Market sentiment is positive, prices are soaring The price of the OMN token has seen a significant rise in the short term, with an increase of over 164%. This strong performance reflects the market's positive expectations for the potential of Omni Network technology and the development of its ecosystem, and may also attract more investors' attention.

From a technical perspective, the OMNI token price has broken through multiple important resistance levels, showing strong upward momentum. However, investors should be wary of the potential pullback risks that may arise after such a rapid rise. On the fundamental side, the Omni Network continues to advance its technological development and ecosystem construction, laying the foundation for long-term value creation.

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