✅ Reason for the increase of currency $OMNI until July 11, 2025:
📌 1. Official relaunch of #OMNI by Tether
On July 3, 2025, Tether announced in an official statement:
> "Re-establishing support for the issuance of USDT on the Omni Layer network."
This news restored investor confidence in the OMNI protocol, which had been nearly abandoned.
📌 2. New technical updates
New developments were revealed in the Omni protocol, such as:
Improvements in speed and fees.
Support for Layer 2 like OmniBOLT (similar to Lightning Network).
The goal is to make OMNI a competitive network with Ethereum and Solana.
📌 3. Heavy trading on new platforms
Platforms like Gate.io, MEXC, and XT.com have recently started supporting the currency.
This increased liquidity and opened the door for new investors.
📌 4. The price gradually increased (from $0.5 to $4)
OMNI was about $0.6 in late June.
After the Tether news, it rose to $1.5 - then $3 - and now around $4.
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🧠 Conclusion:
The increase came from:
Official support from Tether.
Strong media interest.
Massive trading.
Low currency supply.
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✅ What caused OMNI to rise to $4 recently?
The main reason is:
> An official announcement from Tether (USDT) on July 3, 2025, that it will reuse the OMNI network to issue USDT on it again.
⚠️ Warning:
This type of increase is often temporary, and many people buy at the peak, then the big players (whales) sell, so be cautious before you enter.