Latest OMG Network (OMG) News Update

Deep Dive

1. KuCoin: Delisting OMG on 19 November 2025

“OMG Network… withdrawal services close 19 December”
– @KuCoin Team (4.9M followers · 18 November 2025 02:30 UTC)
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What this means: Bearish for OMG as delistings reduce liquidity and signal fading exchange confidence. KuCoin cited “cessation of on-chain activities” as a risk factor.

2. INDODAX: Bearish Technical Outlook

“OMG stagnating… sideways bearish movement between 2,700–4,400” (IDR prices)
– INDODAX Analytics (21 July 2025 07:18 UTC)
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What this means: Neutral-to-bearish – narrowing Bollinger Bands and failure to hold key EMAs suggest weak momentum, though oversold conditions could precede a reversal.

3. Cointelegraph: “Ghost Chain” Label Gains Traction

“Binance delisted OMG in 2024 due to low volume… symptoms of ghost chains”
– Cointelegraph (11 August 2025 10:15 UTC)
View article
What this means: Bearish – the narrative questions OMG’s developer activity and real-world usage, potentially deterring new investors.

Conclusion

The consensus on OMG is bearish, driven by exchange exits, stagnant technicals, and existential doubts. While oversold conditions might offer short-term volatility, the lack of recent protocol updates or partnerships amplifies downside risks. Watch the 14.2M OMG withdrawal volume post-KuCoin’s December deadline for liquidity clues.

Deep Dive

1. KuCoin Delisting (18 November 2025)

Overview:
KuCoin announced the delisting of OMG and 14 other tokens effective 19 November 2025, citing compliance with its Special Treatment Rules. Trading halts at 08:00 UTC, with withdrawals permitted until 19 December. The exchange warned users to withdraw tokens promptly, as on-chain issues (e.g., halted block generation) could lead to unprocessed withdrawals.

What this means:
Delistings often signal dwindling liquidity or regulatory concerns. For OMG, this reduces exchange accessibility, potentially accelerating sell pressure as holders exit positions. However, the token remains tradable on other platforms like INDODAX.
(KuCoin)

2. Indonesian Market Surge (5 November 2025)

Overview:
OMG/IDR rallied 42.52% in 24 hours during early December 2025 crypto event previews, driven by local meetups and FOMO around Layer-2 narratives. The surge contrasted with broader losses (e.g., FLOKI/USDT -23.25%).

What this means:
Regional demand spikes can temporarily offset bearish trends, but reliance on retail speculation (vs. protocol upgrades) suggests fragility. Traders should monitor if gains hold post-events like Solana Breakpoint.
(INDODAX)

3. Bearish Technical Outlook (21 July 2025)

Overview:
INDODAX’s technical analysis highlighted OMG’s narrowing Bollinger Bands (2,700–4,400 IDR range) and sideways movement, labeling it a top bearish asset. The signal aligned with a 27% 30-day price drop.

What this means:
Low volatility and weak momentum reflect fading investor interest. A breakout above 4,400 IDR could reverse sentiment, but absent catalysts, stagnation risks persist.
(INDODAX)

Conclusion

OMG faces headwinds from exchange exits and technical stagnation, though regional volatility offers fleeting upside. With KuCoin’s delisting imminent, can the network revive developer activity to counter its “ghost chain” reputation?

Deep Dive

1. KuCoin Delisting (19 November 2025)

Overview: KuCoin will delist OMG on 19 November 2025, halting trading and deposits, with withdrawals closing on 19 December (KuCoin). The exchange cited compliance with its “Special Treatment Rules,” typically triggered by low liquidity or developer inactivity.

What this means: This is bearish for OMG because delistings reduce accessibility, potentially accelerating price declines. The token’s 30-day price drop of 28.43% (as of 8 December 2025) aligns with this risk.

2. MEXC Futures Removal (3 June 2025)

Overview: MEXC delisted the OMGUSDT perpetual futures pair, closing all positions without citing specific reasons (MEXC). The move followed Binance’s 2024 delisting of OMG due to “stricter standards.”

What this means: Neutral to bearish – while derivatives delistings often reflect low demand, OMG’s spot trading remains on some platforms. However, turnover (0.147) suggests thin liquidity, increasing volatility risks.

3. Ghost Chain Label (11 August 2025)

Overview: Cointelegraph classified OMG as a “ghost chain” due to minimal developer activity, low transactions, and exchange exits (Cointelegraph). INDODAX’s July 2025 analysis noted OMG’s “sideways bearish movement” with narrowing Bollinger Bands.

What this means: Bearish – the label erodes investor confidence. With no GitHub commits or roadmap updates since 2020, the project risks fading into obscurity.

Conclusion

OMG Network faces existential risks from exchange exits and inactivity, with no visible roadmap to revive adoption. The token’s 85.4% annual price decline underscores fading relevance. Investors should monitor whether the team addresses development stagnation or if further delistings occur. How might broader altcoin sentiment shifts impact OMG’s survival?

Deep Dive

1. No Recent Commits (2021)

Overview: OMG’s GitHub repository shows no code updates since April 2021, with the latest pull requests addressing minor fixes. This signals a prolonged lack of developer engagement.

The elixir-omg repo has no activity beyond 2021, and critical upgrades like transitioning to Proof-of-Stake remain unimplemented.

What this means: This is bearish for OMG because inactive development reduces scalability, security, and utility. Users face risks from outdated infrastructure.
(Source)

2. Delistings Signal Decline (2024–2025)

Overview: Major exchanges like Binance (June 2024) and KuCoin (November 2025) delisted OMG, citing weak developer activity and liquidity.

These decisions align with Cointelegraph’s August 2025 analysis labeling OMG a “ghost chain” due to minimal on-chain activity and broken roadmaps.

What this means: This is bearish for OMG because delistings reduce accessibility, liquidity, and investor confidence, accelerating price declines.

3. Stalled Proof-of-Stake Transition

Overview: OMG’s security still relies on Proof-of-Authority (PoA), a centralized system controlled by OMG Network, despite plans to shift to decentralized Proof-of-Stake (PoS).

The PoS transition, initially teased in CoinMarketCap’s documentation, has seen no progress since 2021.

What this means: This is bearish for OMG because PoA centralization contradicts crypto’s decentralization ethos and exposes the network to single-point failures.

Conclusion

OMG Network’s codebase has seen no meaningful updates since 2021, with key upgrades like PoS indefinitely delayed and exchanges abandoning the token. The project risks obsolescence unless development resumes. Could renewed developer interest reverse this trajectory, or is OMG’s decline irreversible?