Upbit Lists OMNI/KRW as Token Surges 130–250% Post-Listing

Upbit, South Korea's largest cryptocurrency exchange, listed the OMNI/KRW trading pair on July 29, 2025, sparking a sharp price surge for the Omni Network token and drawing attention to its market potential. The move, which began trading at 18:30 KST, marked a significant milestone for the blockchain project and underscored the exchange's influence in shaping token demand and liquidity [1]. OMNI's price reportedly rose by 130–250% within 24 hours, with trading volumes and liquidity spiking as Korean investors and global traders responded to the listing [2]. The surge mirrored historical patterns seen in similar exchange listings, where major platforms like Upbit often act as catalysts for short-term price volatility [3].

The listing reflects Upbit’s strategy to expand its portfolio with tokens demonstrating strong on-chain fundamentals and scalability. Omni Network, a Layer 1 blockchain focused on cross-chain interoperability and DeFi applications, gained increased visibility through the partnership. Arthur Hayes, co-founder of BitMEX, noted that the move highlighted growing global interest in DeFi projects, particularly in Asian markets [4]. With Upbit’s user base spanning South Korea and beyond, the OMNI/KRW pair is expected to enhance fiat on-ramps and improve market access for retail investors. This aligns with broader trends of Asian exchanges driving liquidity shifts, as seen in previous listings where price surges followed exchange announcements [5].

Market dynamics post-listing revealed both opportunities and risks. According to a July 12 Binance report, OMNI’s price jumped 91.66% within 24 hours, attributed to the listing and subsequent trading activity [5]. A July 24 analysis further highlighted 24-hour and 7-day price spikes of 109.55% and 115.91%, respectively, underscoring the token’s volatility. Such movements are typical in crypto markets, where news-driven events often trigger rapid price swings. Analysts emphasized that while Upbit’s listing boosted short-term liquidity, long-term adoption would depend on Omni Network’s ability to execute its technical roadmap and grow its user base [3].

The OMNI/KRW listing also highlighted the interplay between exchange activity and broader blockchain ecosystems. Increased trading volumes on Upbit could indirectly benefit Ethereum network transactions involving OMNI, as heightened demand for the token may drive cross-chain activity. This aligns with Omni Network’s positioning as a cross-chain protocol aiming to streamline blockchain interactions [1]. However, the token’s future trajectory remains subject to macroeconomic factors and market sentiment, as seen in its post-listing price fluctuations.

Sources:

[1] Unleash The Potential: Upbit OMNI Listing Goes Live July 29 (https://bitcoinworld.co.in/upbit-omni-listing-live/)

[2] Next Cryptocurrency to Explode, 29 July — JUST, Omni... (https://insidebitcoins.com/sponsored/next-cryptocurrency-to-explode-29-july-just-omni-network-hyperliquid-omni-network-hyperliquid)

[3] $OMNI Network's price surged 91.66% in 24 hours due to its Upbit... (https://www.binance.com/es/square/post/27578413897785)

[4] Upbit Lists OMNI/KRW Impacting Omni Network and Markets (https://coinmarketcap.com/community/articles/68892a6b31246d0e3959fce0/)

[5] Upbit Lists OMNI/KRW, Boosting Market Interests (https://coinmarketcap.com/community/articles/68892a6b31246d0e3959fce0/)