Omni Network (OMNI) currently has a price of £1.29 and is down -6.43% over the last 24 hours. The cryptocurrency is ranked 487 with a market cap of £63.7M. Over the last 24 hours, it saw £13k of trading volume. The token has a circulating supply of 49.3M tokens out of a total supply of 100M tokens.
Omni Network is a Layer-1 blockchain built to address fragmentation in the Ethereum ecosystem by unifying the rollups under a single interoperable layer. It aims to make the experience of developers and users seamless across different rollup chains by abstracting away many of the complexities traditionally involved in cross-chain interactions.
At its core, OMNI token plays multiple critical roles in the protocol. It functions as the universal gas asset for transactions across Omni’s own EVM environment, powers the relayers that move messages across rollups, and participates in protocol governance. To secure the network, Omni employs a dual staking model involving both staked OMNI and restaked ETH via restaking infrastructure (such as EigenLayer), combining Ethereum’s economic security with Omni’s own validator set.
Omni also features fast cross-rollup message delivery and aims for sub-second or near-instant finality for cross-rollup communication, which is designed to improve upon typical bridge-based or multi-chain communication delays. Developers building on Omni can deploy applications using the Omni EVM, which supports Solidity and other tooling familiar from Ethereum, allowing dApps to reach users and liquidity across many rollups without deploying separately on each chain.
A key value proposition of Omni is its “single chain feel” for users: no more manual switching between networks, no managing separate gas tokens on different rollups, and fewer friction points when using multiple rollup-based applications. In other words, Omni strives to make using Web3 more unified, efficient, and usable.
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