OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'

OMG, the native token of the OMG Network, surged 16% to a six-month high of $0.77 after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology the network is based on, has the potential to reduce transaction fees and improve security.