OMNI (Omni Network) rose 10.08% in the last 24 hours.

Gate News Bot news, September 19, according to CoinMarketCap data, as of the time of writing, OMNI (Omni Network) is currently priced at 4.03 USD, rising 10.08% in the last 24 hours, reaching a high of 4.27 USD and a low of 3.34 USD, with a trading volume of 58.8 million USD in the last 24 hours. The current market capitalization is approximately 139 million USD, an increase of 12.7 million USD compared to yesterday.

Omni Network is an abstraction layer of the Ethereum ecosystem that allows developers to access cross-chain 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 has received investments from well-known institutions including Pantera Capital, Two Sigma Ventures, and Coinbase Ventures. Omni also runs an Immunefi bug bounty program with a $500,000 reward.

Important news about OMNI recently:

1️⃣ Cross-chain interoperability enhancement Omni Network is actively expanding the range of networks it supports. In addition to the already supported Ethereum L1, Arbitrum, Optimism, and Base networks, it plans to add more networks in the future. This initiative will significantly enhance its cross-chain interoperability, providing developers with a broader selection and is expected to attract more projects to connect to the Omni ecosystem.

2️⃣ Security Enhancement Measures Omni Network is currently running a $500,000 bounty program on Immunefi. This initiative demonstrates the project's high regard for network security and helps attract white hat hackers to participate in vulnerability detection, thereby enhancing the overall security and stability of the network and boosting user confidence.

3️⃣ Institutional Investment Endorsement Omni Network has received investments from well-known institutions including Pantera Capital, Two Sigma Ventures, and Coinbase Ventures. The participation of these top investment institutions not only provides financial support for Omni but, more importantly, gives the project strong market recognition, helping to attract more developers and users to pay attention to and use Omni Network.

From a technical perspective, the OMNI price has broken through previous resistance levels, with a rise of over 10% in 24 hours, indicating strong upward momentum. However, investors still need to closely monitor the overall cryptocurrency market trends to assess potential risks.

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