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Omni Network price jumps 90% as Upbit lists OMNI token - Economic
Omni Network price jumps 90% as Upbit lists OMNI token
Omni Network (OMNI) price recorded a near triple-digit gain to break from intraday lows of $2.5 to highs of $7.13.
The token traded around $5.37 at the time of writing, 90% up in the past 24 hours.
Gains came amid OMNI listing on South Korea’s largest crypto exchange Upbit.
Omni Network (OMNI) trended as the top gaining token among the 500 largest coins by market cap on Tuesday, recording a double-digit gain to break from intraday lows of $2.5 to highs of $7.13.
While the price has retreated from the intraday peak to currently sit around $5.37, it still sports an impressive 90% gain in the past 24 hours.
The daily volume was up 455% to over $584 million, with the dramatic price gain aligning with a speculative rally largely attributed to the token’s latest milestone.
Why is OMNI price exploding?
OMNI hovered flat and under $3.2 since dropping from highs of $5.50 on July 11, 2025. Before then, Omni Network price had struggled with bearish pressure below $1.7.
So why did OMNI explode today?
Many small cap tokens have seen a notable flip amid overall gains for mega cap tokens such as Ethereum, XRP and Solana.
However, some small caps are seeing huge moves, and for Omni, the primary catalyst appears to be the official listing of OMNI on Upbit, the largest crypto exchange in South Korea.
옴니네트워크(OMNI) KRW 마켓 거래지원 안내
✅ 지원 마켓 : KRW 마켓 📅 거래지원 개시 시점: 2025-07-29 18:30 KST
As detailed in an announcement on X, Upbit, known for its substantial user base and high trading volumes, has added support for OMNI.
The exchange’s listing news has often triggered meteoric rises in both price and activity for newly listed assets, and it looks to be no different for Omni Network.
Upbit is listing the OMNI/KRW trading pair with the market commencing at 18:30 local time on July 29, 2025.
OMNI’s price experienced a volatile swing following the news, with the token reaching a high of approximately $7.13.
The near triple-digit gain saw OMNI extend gains over the past month to over 250%. Bulls were also up 285% since the all-time lows of $1.37 reached on July 6, 2025.
The overall upward trajectory could see buyers target more gains.
Omni Network price prediction
Looking at the Omni Network price charts, technical indicators are largely bullish.
However, the Relative Strength Index (RSI) currently hovers around 80 and is in the overbought territory.
This signals potential correction in the near term amid profit taking. Bulls may nonetheless attempt to put bears off around key support at $3.45.
OMNI price chart by TradingView
This outlook will be helped by the Moving Average Convergence Divergence (MACD), which continues to signal bullish momentum with the MACD line above the signal line.
If bulls hold above $4.50, which serves as a critical support level, they could target a breakout to $10.5 and probably December 2024 highs of $15. Downside pressure could see OMNI’s price slip to $3.45 and $2.
The post Omni Network price jumps 90% as Upbit lists OMNI token appeared first on CoinJournal.