Deep Dive
1. Token Swap Finalized (22 September 2025)
Overview:
Exchanges like Bitvavo, Ourbit, and OrangeX concluded OMNI’s swap to Nomina (NOM) on 22–23 September 2025, converting holdings at 1 OMNI = 75 NOM. Spot and futures trading for OMNI ceased, with NOM trading scheduled to begin on 1 October 2025.
What this means:
This marks OMNI’s transition to Nomina, a rebranded Ethereum interoperability protocol. While the swap aims to streamline cross-chain infrastructure, short-term liquidity risks persist as exchanges delist OMNI derivatives and adjust markets. (Bitvavo, OrangeX)
2. Margin Trading Halted (24 September 2025)
Overview:
KuCoin suspended OMNI margin trading on 24 September 2025, closing open positions and disabling lending/borrowing. Similar measures were taken by CoinW and BitTap, citing alignment with the token swap.
What this means:
The delistings reduce speculative trading avenues for OMNI, likely dampening volatility but also limiting leverage-driven price swings. Traders must monitor NOM’s launch for renewed activity. (KuCoin)
3. Breakout Hopes Persist (16 September 2025)
Overview:
Analysts noted OMNI’s rebound from $3.55 support in mid-September, with RSI and MACD signaling bullish momentum. Some predicted a breakout toward $10 if resistance at $3.73 breaks.
What this means:
Technical optimism clashes with swap-related uncertainty. A successful NOM launch could reignite bullish narratives, but failed adoption or liquidity issues may extend OMNI’s 30% 60-day decline. (CCN)
Conclusion
Omni Network’s rebranding to Nomina dominates its near-term trajectory, balancing technical optimism against exchange-driven disruptions. Will NOM’s Ethereum interoperability focus attract fresh capital post-launch, or will legacy OMNI volatility linger?