More specifically, the fact that it has a vertical blast radius equivalent to an atomic bomb's mushroom cloud is what makes it OP. There's no reason why it should kill me when I'm 30 feet in the air, Bungie. That's just overkill.
Edit: Let me make it clear for all of you. Fist of Panic is a ground pound. The important word there is "ground". Fist of Panic, a "ground" pound, can take out people 30 feet in the air. That's my problem with it.
Now watch as the people who abuse it come to defend it.
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I have a Titan, but do I use striker? Nope, don't have any gear for it, but every super is "OP" according to anyone who has died from one. Is the vertical blast radius ridiculous? Yeah, but every other super has some range to it, but not the titans, so they should have that. You want something that's OP? Try Nova Bomb with Shatter and Angry Magic.