Looking back at OM's performance in August, it resembled a tug-of-war with undercurrents. On the surface, the price stabilized and fluctuated around $0.85, with volatility even less than half of that of mainstream crypto assets. However, on-chain data revealed a different story: staking volume soared to 210 million coins, setting a new six-month high, suggesting that large funds are quietly positioning themselves.

The ecosystem's data is becoming more striking. The cross-chain bridge's weekly processing volume surged by 580%, indicating that a large amount of assets is being transferred via the OM chain. Meanwhile, the mainnet upgrade was completed three days ahead of schedule, smart contract activity surged by 230%, and the number of new proposals in the developer forum doubled, all signaling that technological innovation is accelerating.

Three key signals worth paying attention to:
1. Significant increase in staking volume: Institutional wallets have shown a net inflow for two consecutive weeks.
2. Cross-chain business explosion: The cost of cross-chain transactions using the OM chain has decreased by 50%.
3. Increased developer activity: The proposal for Gas fee reform received 89% community support.

It is worth noting that in September, 8% of the total supply of tokens will be unlocked. If the staking participation rate can remain above 65%, this will become an important liquidity stress test.

Despite the surface calm, institutional investors are actively supporting the infrastructure upgrade of OM. The price level of $0.8 may mark the beginning of a new era. However, investors still need to remain cautious; a steady approach is the way to success.

As the overall crypto market faces adjustments, changes in U.S. policies and macroeconomic data may impact the market trends. In this uncertain environment, the performance of OM is undoubtedly worth close attention.