# OMG Network (OMG)

**Current Price:** $0.0597 (📉 -3.91% 24h)

**Price in BTC:** 0.00000088 BTC

**Rank:** #1528

---

## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $8.4M |
| Fully Diluted | $8.4M |
| Volume (24h) | $93.7K |
| Vol/Mkt Cap | 1.12% |
| Total Supply | 140,245,398 |
| Circulating Supply | 140,245,398 |

---

## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | -0.66% |
| 24 Hours | -3.91% |
| 7 Days | +3.94% |

### All-Time Records

- **All-Time High:** $25.62 (-99.77% from ATH) on Jan 13, 2018
- **All-Time Low:** $0.06 (+8.59% from ATL) on Feb 6, 2026

---

## Contract Addresses

- **Ethereum:** `0xd26114cd6ee289accf82350c8d8487fedb8a0c07`
- **Boba Network:** `0xe1e2ec9a85c607092668789581251115bcbd20de`

---

## Website

- [omg.network](<https://omg.network>)

---

## Explorers

- [etherscan.io](<https://etherscan.io/token/0xd26114cd6ee289accf82350c8d8487fedb8a0c07>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/omisego>)
- [ethplorer.io](<https://ethplorer.io/address/0xd26114cd6ee289accf82350c8d8487fedb8a0c07>)
- [blockexplorer.boba.network](<https://blockexplorer.boba.network/>)
- [explorer.energi.network](<https://explorer.energi.network/token/0x81888a2b486670f70c2c5f8e394519939da01524>)
- [blockexplorer.boba.network](<https://blockexplorer.boba.network/tokens/%3C%3E>)
- [blockexplorer.boba.network](<https://blockexplorer.boba.network/tokens/0xe1e2ec9a85c607092668789581251115bcbd20de>)
- [bobascan.com](<https://bobascan.com/token/0xe1e2ec9a85c607092668789581251115bcbd20de>)

---

## Categories

- [Smart Contract Platform](<https://coinstats.app/categories/62cf32500fe1c959b31bfa27/>)
- [Ethereum Ecosystem](<https://coinstats.app/categories/62df90f00fe1c959b306feb9/>)
- [Alleged SEC Securities](<https://coinstats.app/categories/6536f088c4ca10f26f8bb437/>)
- [Pantera Capital Portfolio](<https://coinstats.app/categories/663a205554e27f73de2afa6d/>)
- [Boba Network Ecosystem](<https://coinstats.app/categories/66547d0264d74b7897aa1fc9/>)

---

## Community

- [Twitter](<https://twitter.com/omgnetworkhq>)
- [Reddit](<https://www.reddit.com/r/OMGnetwork/>)
- [Facebook](<https://www.facebook.com/omgnetworkhq>)

---

## About OMG Network

<p>OMG Network \(formerly known as OmiseGO\) is a value transfer network for ETH and ERC\-20 tokens aiming to increase the Ethereum network's efficiency and the OMG token is the protocol's utility token\.</p>
<p>Check the OMG current price, OMG network price chart, price statistics, OMG price history, market cap, circulating supply, total supply, max\. supply, 24\-hour trading volume, etc\., and get updates on OMG price live data on <a href="https://coinstats\.app/" target="\_blank">CoinStats</a>, one of the best crypto platforms around\.</p>
<p>CoinStats is a cryptocurrency research and portfolio tracker app that provides investment advice and valuable information on cryptocurrencies, including their real\-time prices, to help investors make better decisions\.</p>
<p><br></p>
<p><br></p>
<h2>What Is OMG Network?&nbsp;</h2>
<p><br></p>
<p>OMG network, formerly known as OmiseGo, is a non\-custodial, Layer 2 scaling solution for the Ethereum blockchain\. It aims to enable high\-throughput, low\-cost, peer\-to\-peer transactions on the Ethereum network without compromising on security\.</p>
<p>The OMG Network is the fastest and cheapest way to transfer ETH and ERC20 tokens globally without restrictions, with a throughput of thousands of transactions per second\. It was created to help people build products and applications on Ethereum by facilitating faster and cheaper transactions\. The network is based on a Proof\-of\-Stake blockchain, designed to facilitate the assets' movement between wallets in a trustless, permissionless way\. The built\-in trading engine enables wallet providers to make orders which can then be matched with other providers\. People can use wallets to trade in crypto and fiat currencies\.</p>
<p><br></p>
<h3>OMG Structure</h3>
<p><br></p>
<p>The OMG network consists of three main components:</p>
<ul>
  <li>OMG Network smart contracts deployed to Ethereum provide the interface through which users can move funds into and out of the network\.</li>
  <li>The Child Chain application, managed by the OMG Network team, receives users’ transactions, combines them into blocks, and shares those blocks with the OMG Network smart contracts\.</li>
  <li>The Watcher application continuously observes the Child Chain application, validates its behavior, and reports any wrongdoing to the subscribed users\.</li>
</ul>
<h3><br></h3>
<h3>OMG Token</h3>
<p><br></p>
<p>OMG tokens are the native utility tokens of the OMG network\. OMG is an ERC — 20 token that can be used as one of the payment methods for the OMG Network fees\. It's also the primary mode of interaction with the OMG ecosystem\.</p>
<p>After users pay with OMG, the token is sent out to OMG Network validators that enforce smart contracts\. Validators stake their OMG tokens by locking them into a smart contract\. To help limit the number of tokens in circulation and maintain their value, the tokens can be taken from you if you break the rules\.</p>
<p><br></p>
<p><br></p>
<h3>What Is the Highest Price of OMG?</h3>
<p><br></p>
<p>OMG hit its all\-time low of $0\.3197 in July 2017, shortly after the ICO, and in 2018, it hit its all\-time high of $28\.35 – a rise of more than 8,750% from its launch six months earlier\.<br>
</p>
<p><br></p>
<h2>Who Are the Founders of OMG Network?</h2>
<h2>&nbsp;</h2>
<p>Jun Hasegawa and Donnie Harinsut are the OMG network co\-founders\. Before working at Omise, Hasegawa was Alpha\-do Inc\.'s director and LIFEmee Inc's co\-founder and CEO\.&nbsp;</p>
<p>The OMG Network team consists of over 50 employees in various locations worldwide\. The current CEO is Vansa Chatikavanij, and OMG operates as a subsidiary of SYNQA — a Thailand\-based fintech firm formerly known as Omise Holdings\.</p>
<p>The OMG platform is supported by $25 million in funding obtained by selling OMG coins during its 2017 initial coin offering \(ICO\)\. OMG Network’s parent firm SYNQA additionally raised a further $80 million in Series C funding — and was supported by several major investment firms, including Toyota Financial Services Corporation and Sumitomo Mitsui Banking Corporation\.</p>
<p><br></p>
<p><br></p>
<h2>How Does OMG Network Work?</h2>
<p><br></p>
<p>OMG Network solves the scalability issue by implementing a scaling system called More Viable Plasma \(MoreVP\) that considerably increases transaction throughput on the Ethereum blockchain\. The OMG Foundation, in particular, bundles together Ethereum transactions, compresses them into a single transaction and verifies them on the OMG Foundation child chain\. The child chain then sends back the transactions to Ethereum for blockchain confirmation\.</p>
<p><br></p>
<p>This allows the transactions to be verified in batches ensuring higher speeds and lower\-cost transactions than using Ethereum directly, thereby solving Ethereum's scalability limitations\. Thanks to this bundling technique, the OMG Foundation can process <strong>thousands of transactions per second</strong>\. Moreover, transaction costs are one\-third of Ethereum's because gas fees \(transaction fees on Ethereum\) are paid on the bundled, compressed transaction rather than each individual transaction\.</p>
<p><br></p>
<p>A decentralized set of watchers observe the child chain and the block producer to ensure it accurately confirms network transactions\. Watchers check that the child chain conforms to the protocol and does not withhold blocks or tamper with transaction orders — providing the safe facilitation of assets for OMG users\.&nbsp;</p>
<p>The OMG network uses the Proof\-of\-Stake consensus mechanism, which enables users to delegate their tokens to validators\. The validators are compensated for validating the blockchain's activity, but their staked tokens will be burned if they act inappropriately, such as breaking consensus rules, etc\.</p>
<p><br></p>
<p><br></p>
<h2>How to Buy OMG Coin?</h2>
<p><br></p>
<p>OMG Network \(OMG\) tokens are available on leading cryptocurrency platforms, so visit the <a href="https://coinstats\.app/coins/omisego/\#markets" rel="noreferrer noopener" target="\_blank">market page on CoinStats</a> to view the exchange platforms supporting OMG\. These platforms provide detailed steps on how to buy OMG tokens on their platforms\.</p>
<p>Decentralized applications \(DApps\), wallets, and exchanges can benefit from OMG's scalability benefits\. Moreover, OMG aims to make it easier and safer for the unbanked population to access financial services in a trustless, permissionless way\.</p>
<p>Our step\-by\-step guide on <a href="https://coinstats\.app/blog/how\-to\-buy\-omg/" target="\_blank">how to buy OMG Network</a> will help you get started\!</p>

---

## OMG Network Token Risks

**Trust Score:** 79/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Centralized Mint | 🟠 high | ✓ Passed |
| Proxy (Upgradeable) | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Centralized Burn | 🟠 high | ✗ Failed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Pausable | 🟡 medium | ✓ Passed |
| Balance Manipulation | 🟡 medium | ✓ Passed |
| Blockable Transfer | 🟡 medium | ✓ Passed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| External call in transfer | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

---

## Related Assets

### Coins that OMG Network holders also hold

- **Ethereum** () (1% holding)
- **Bitcoin** () (1% holding)
- **Cardano** () (1% holding)

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---

## OMG Network Markets

| # | Exchange | Pair | Volume (24h) | Vol % | Price |
|---|----------|------|--------------|-------|-------|
| 1 | Paribu | OMG/TRY | $133.1K | - | $0.06125 |
| 2 | Btcturk | OMG/TRY | $111.7K | - | $0.05986 |
| 3 | Xt | OMG/USDT | $64.5K | - | $0.05952 |
| 4 | Mexc | OMG/USDT | $63.1K | - | $0.05952 |
| 5 | Gate.io | OMG/USDT | $25.6K | - | $0.06055 |
| 6 | Mexc | OMG/BTC | $8.4K | - | $0.05943 |

---

## OMG Network News

### [OMG price prediction 2025-2031: Can OMG spike soon?](<https://coinstats.app/news/e51e5d665758977fcc7d5c86ff834a66f1461a8bd5b6e3b09b941780821fb0f8_OMG-price-prediction-20252031-Can-OMG-spike-soon>)
*Unknown - Sep 10, 2025*

Key takeaways OMG Network, formerly known as OmiseGo, is one of the early Ethereum layer\-2 scaling solutions designed to improve transaction speed and lower fees\. Built on a sidechain architecture cal...

### [OMG Network Price Prediction 2025, 2026, 2027-2030: When Will OMG Retest Its All-time High?](<https://coinstats.app/news/4e23341a3a175c0ec27f5cadb476b3f8c166f16dce9da497241665de37e41ace_OMG-Network-Price-Prediction-2025-2026-20272030-When-Will-OMG-Retest-Its-Alltime-High>)
*Unknown - Aug 6, 2025*

The post OMG Network Price Prediction 2025, 2026, 2027\-2030: When Will OMG Retest Its All\-time High? appeared first on Coinpedia Fintech News...

### [Crypto prices on Mar 24: BTC climbs above $85K, TRUMP rallies 7%](<https://coinstats.app/news/1e8527a8ed271b78761feb4f8d8bb139ded02e5dc838d94573ab0469231952ba_Crypto-prices-on-Mar-24-BTC-climbs-above-85K-TRUMP-rallies-7>)
*Unknown - Mar 24, 2025*

The cryptocurrency market was in the green on Monday\. Bitcoin was back above $85,000, leading a broader rally in altcoins\. Solana and XRP were also showing strong recovery on Monday\. The global crypto...

### [Crypto prices on Feb 7: BTC stuck at $97K, TRON jumps 3%](<https://coinstats.app/news/29c671b4fbd4e4dd24401889732edc66dd994b169a5759696b7e9888d191d346_Crypto-prices-on-Feb-7-BTC-stuck-at-97K-TRON-jumps-3>)
*Unknown - Feb 7, 2025*

The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly\. Bitcoin \(BTC\) remained subdued at the $97K level, while Ethereum \(ETH\), XRP, and Solana...

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## Also Check OMG Network Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/omisego>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/omg>)
