Omni Network Price

Omni Network (OMNI) is a cryptocurrency that functions as an infrastructure layer for Ethereum, designed to unify the fragmented landscape of Ethereum rollups. Currently ranked #412 with a price of $2.88, it has seen a -1.41% change in the last 24 hours. Omni Network enables developers to build applications across all rollups without fragmenting liquidity, addressing a critical challenge in the Ethereum ecosystem. It employs a layered architecture and hybrid consensus mechanism, deriving its security from Ethereum via EigenLayer restaking. With a market cap of $108.95M and 24-hour trading volume of $12.97M, Omni Network has a circulating supply of 37.78M OMNI out of a total supply of 100M OMNI. Launched in 2024, Omni Network continues to gain traction as a solution for cross-chain interoperability in the Web3 space.

Omni Network was created on April 17, 2024, and officially launched on the Ethereum platform. It's a relatively new cryptocurrency designed to enhance interoperability between blockchain networks. Omni Network operates as an ERC-20 token with a total supply of 100 million tokens. Since its launch, it has gained significant attention in the Web3 ecosystem, particularly for its cross-chain capabilities and modular blockchain architecture. The project is backed by notable investors including Coinbase Ventures and Pantera Capital.

Omni Network was founded by a team led by Xiang Yao and Burak Benligiray. The project was launched in April 2024 as a modular blockchain platform focused on interoperability solutions. The founding team has extensive experience in blockchain technology and received backing from notable investors including Coinbase Ventures, Pantera Capital, and Jump Crypto. The founders designed Omni Network to address cross-chain communication challenges with their innovative rollup technology. Since its launch, the founding team has continued to develop the Omni Network ecosystem, focusing on expanding its interoperability capabilities across multiple blockchains.

Omni Network works as a cross-chain interoperability solution built on the Ethereum platform. It utilizes Tendermint's consensus mechanism and the Cosmos SDK framework to enable faster transaction validation and efficient information transfer between blockchains. Currently priced at $2.88 with a market cap of $108.95M, OMNI operates through a network of validators who act as verifiers to ensure security across different blockchain networks. The protocol facilitates seamless communication between various Layer 1 blockchains and rollups, making it an essential infrastructure for cross-chain applications. With a total supply of 100M OMNI tokens and 37.78M OMNI in circulation, Omni Network serves as both a utility token for network operations and a governance token for protocol decisions. Its modular architecture allows for scalable and secure cross-chain transactions without compromising on decentralization.

Omni Network employs a sophisticated technical architecture designed specifically for cross-rollup communications with exceptional performance. The network utilizes a custom architecture that achieves sub-second finality for message verification between different rollups. This architecture is built on Ethereum's cryptoeconomic security framework, leveraging restaked ETH to ensure robust security guarantees. The OMNI protocol features a dual verification system for both XBlock and OMNI EVM Block verification within a single process, enabling near-instant finality. This design prioritizes low latency while maintaining compatibility with Ethereum's entire modular ecosystem. As a Layer 1 solution with interoperability capabilities, Omni Network creates a secure bridge between different blockchain environments, allowing for seamless cross-chain communications while inheriting the security benefits of the Ethereum network. This architecture represents a significant advancement in blockchain interoperability technology.

Omni Network has an ambitious roadmap focused on achieving subsecond latencies by 2026. The project aims to revolutionize cross-chain interoperability with transaction speeds under 1 second, significantly improving user experience compared to traditional blockchain interactions. Currently ranked 412 with a price of $2.88, OMNI is developing advanced rollup technology and modular blockchain architecture to enhance scalability and throughput. The team has secured backing from notable investors including Coinbase Ventures and Pantera Capital. Future development phases include: • 2025-2026: Achieving subsecond transaction finality • 2026-2027: Expanding cross-chain ecosystem integrations • 2027-2030: Implementing advanced interoperability protocols The total supply cap of 100M OMNI OMNI tokens ensures controlled distribution as the network grows. The team actively encourages ecosystem collaboration to push the boundaries of blockchain performance and interoperability.