Omni Network's price surged 190% from $1.43 to $5.50, with its trading volume increasing by 5,200% to $749 million driven by Bitcoin's rise to $118,000.
The altcoin season is anticipated to bring further gains, with analysts predicting OMNI price could reach $10.
The broader crypto market cap rose by 6.2% to over $3.68 trillion, with significant gains seen in altcoins like Sei, Ethena, and Cardano.
Despite being overbought according to the RSI, projections suggest that if buying pressure persists, Omni Network's price could target $10.