August has been a big month for OM Mantra, with major news and technical progress: the project secured $20M in funding, formed a strategic partnership with Inveniam, and is preparing to launch its mainnet in September.
Most importantly, the network is now fully EVM-compatible, and Binance has joined as one of its validators. This paves the way for integrations and ecosystem expansion in the real-world assets (RWA) sector.
From a technical perspective, OM is showing bullish signals: the weekly chart formed a bullish engulfing candle, and the price is holding around $0.27–0.28 with potential to break above key resistance.
I’m already in position and see OM as one of the best plays for the coming weeks — projects often show strong moves before a mainnet launch.