OMNI Token Surges 39% on Binance as Staking Update Drives 50% Supply Lock-Up and Record Volume

OMNIUSDT experienced a significant price increase in the past 24 hours, rising by 39.15% on Binance, with the price moving from 2.35 to 3.27. This surge is primarily attributed to a substantial uptick in staking activity following a recent staking app update, which led to 50% of OMNI's circulating supply being staked and a notable reduction in liquid supply. The bullish momentum was further supported by the token surpassing key resistance levels, strong investor interest, and high trading volumes, with the 24-hour trading volume reaching 17 million OMNI and overall market capitalization estimated between $117.89 million and $139.23 million. OMNI continues to see heightened volatility and activity, reflecting increased demand and participation in its ecosystem.