OGN Surges as Buy-Side Momentum Expands Across Exchanges

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Origin Protocol’s OGN token staged a strong intraday rally on August 20, 2025, with its Binance OGN/USDT pair swinging from $0.0607 to $0.0880—a nearly 45% move—before easing to about $0.0781. Trading volume was heavy, with roughly 31.4 million tokens exchanged over 24 hours. While the token is still down about 97.7% from its $3.39 all-time high, it has gained nearly 19% over the past week, suggesting that momentum is beginning to rebuild.

Signs of Steady Buying Pressure

Data from CryptoMeter points to a gradual accumulation trend rather than a one-off spike. Over the past 30 days, daily buy orders have consistently edged out sells, with the most recent tally showing buys at 52% (≈133.3M) versus sells at 48% (≈124.3M). Hourly readings around the rally also showed multiple intervals where buyers stayed in control, reinforcing the picture of a steady grind higher.

Broadening Demand Beyond Binance

The uptick was not limited to one exchange. Bithumb’s KRW market logged clusters of large trades on August 20, while Coinbase Pro saw a string of sizeable buy orders around August 16. This cross-exchange participation suggests that demand is broadening beyond a single trading venue or currency pair, a dynamic that typically gives rallies more staying power.

Key Technical Levels to Watch

For now, holding above the mid-$0.07s keeps OGN within reach of today’s highs. A drop below $0.06–$0.065 could put recent gains at risk. With the token still far from its historical peak and known for sharp swings, traders should remain cautious and prioritize risk management.

Market data supports the move, showing OGN up about 26% in the last 24 hours. The token currently has a circulating supply near 675 million and a market cap of around $53 million, underscoring how relatively small flows can trigger outsized price action in this asset.

Ayushi Somani
Ayushi Somani
Ayushi Somani is an academically gifted individual who has a passion for blockchain technology. She is well-versed in the technology, having been an early adopter of cryptocurrency and investing in Bitcoin and several other digital currencies.

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