Ontology GasPrice(ONG)
Details Ontology Gas (ONG) Price information (USD)
The current real-time price of ONG is $0.0664. In the past 24 hours, ONG has traded between $0.0657 and $0.0749, showing strong market activity. The all-time high of ONG is $4.39, and the all-time low is $0.0424.
From a short-term perspective, the price change of ONG over the past 1 hour is
Ontology Gas (ONG) Market Information
Ontology Gas (ONG) Today's Price
The live price of ONG today is $0.0664, with a current market cap of $29.775M. The 24-hour trading volume is 16M. The price of ONG to USD is updated in real time.
Ontology Gas (ONG) Price History (USD)
What is ONTOLOGY GAS (ONG)?
When is the right time to buy ONG? Should I buy or sell ONG now?
Before deciding whether to buy or sell ONG, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ONG technical analysis can provide you with trading references.
Future price trend of ONG
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ONG.
How much will ONG be worth tomorrow, next week, or next month in ? What about your ONG assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ONG Price Prediction
How to buy ONTOLOGY GAS (ONG)
Convert ONG to local currency
ONG Resources
To learn more about ONG, consider exploring other resources such as the whitepaper, official website, and other published information:
Hot Events
ONTOLOGY GAS (ONG) FAQ
Ontology operates with a unique dual-token system. Can you explain the fundamental distinction between ONT, the primary token, and ONG, the utility token, outlining their respective roles and purposes within the network?
Ontology utilizes a dual-token model where ONT serves as the governance token. Holders stake ONT to participate in network governance through voting. ONG, on the other hand, functions as the utility or "gas" token for the network. It is primarily used to cover transaction fees, execute smart contracts, and pay for data storage on the Ontology blockchain. This clear separation ensures robust governance while providing a dedicated token for operational network activities.
Beyond simply paying for basic network transactions, what are the various practical applications and utilities that Ontology Gas (ONG) offers users within the broader Web3 and Ontology ecosystem?
ONG's utility extends significantly beyond transaction fees. It is essential for interacting with Ontology's decentralized identity tools, known as ONT ID, enabling secure digital identity management. Developers use ONG to deploy and run decentralized applications (dApps) on the network. Furthermore, ONG plays a crucial role in participating in various DeFi protocols built within the Ontology ecosystem, such as Wing Finance, where it can be used for lending, borrowing, or other financial services, powering a diverse range of Web3 activities.
For users and developers interacting with the Ontology network, what is the typical cost associated with executing standard transactions and smart contract operations in terms of Ontology Gas (ONG)?
Ontology is designed to be a highly cost-effective network, making it accessible for a wide range of users and developers. Standard transactions on the network typically incur a very low, fixed fee of 0.05 ONG. This minimal transaction cost ensures that engaging with the blockchain, whether for transfers, identity interactions, or dApp usage, remains extremely economical, fostering greater adoption and frequent usage without significant overhead.
The Ontology community recently approved a significant change to ONG's tokenomics. Could you elaborate on the details of the late 2025 ONG token burn, including the amount burned and its impact on the token's total supply?
In late 2025, a pivotal event in ONG's tokenomics occurred when the Ontology community voted to approve a substantial supply reduction. This initiative involved the permanent burning of 200 million ONG tokens. Consequently, the total supply of ONG was significantly reduced from its initial 1 billion to 800 million. This strategic move aims to introduce greater scarcity for the token, aligning with the project's long-term vision for value and sustainability within the ecosystem.
For individuals interested in accumulating Ontology Gas (ONG) without direct purchase, what is the primary and most accessible method within the Ontology ecosystem to earn ONG tokens as rewards?
The most common and direct way to earn ONG is by staking your ONT tokens. By holding and delegating your ONT to a consensus node on the Ontology network, you contribute to the network's security and operations. In return, ONT stakers receive periodic rewards in the form of newly generated ONG tokens. This can typically be done through official wallets, providing a passive income stream for committed network participants.
For users looking to acquire Ontology Gas (ONG) for transaction fees or ecosystem participation, what are the primary platforms and types of exchanges where ONG tokens can be purchased?
ONG is readily available for purchase on a variety of cryptocurrency exchanges, catering to different user preferences. You can acquire ONG on many reputable centralized exchanges, which offer user-friendly interfaces and robust trading functionalities. Additionally, for those who prefer decentralized options, ONG is also listed on leading decentralized exchanges, particularly those compatible with the BNB Chain version. This widespread availability ensures that users have multiple convenient avenues to obtain ONG.
