OntologyGas (ONG) Price

OntologyGas (ONG) is a utility token that powers the Ontology blockchain ecosystem. It serves as the gas token for the network, used to pay for transaction fees and smart contract operations. Currently ranked #621 with a price of $0.07075, ONG has seen a +1.84% change in the last 24 hours. ONG has a circulating supply of 469.42M ONG out of a maximum supply of 1.00B ONG. The token operates primarily on the BNB Smart Chain (BEP20) platform and is part of the broader Ontology ecosystem, which focuses on providing a high-performance public blockchain specialized for decentralized identity and data solutions. With a market capitalization of $33.21M and a 24-hour trading volume of $502.44, ONG plays an essential role in the Ontology network's dual-token economic model, working alongside ONT to create a complete blockchain infrastructure.

OntologyGas was created in 2017 by the Chinese company OnChain. It was developed as a utility token for the Ontology blockchain platform, functioning as part of Ontology's dual token model. OntologyGas serves as the gas token that powers transactions and smart contract operations within the Ontology ecosystem. As of 2026-05-08, OntologyGas has a circulating supply of 469.42M ONG out of a maximum supply of 1.00B ONG.

OntologyGas was founded by the Ontology team, led by Jun Li, who is also the founder of Onchain and serves as the Founder of Ontology. The project was developed as part of the Ontology ecosystem, which was established in 2017. OntologyGas functions as the utility token for the Ontology blockchain network, designed to pay for transaction fees and services within the ecosystem. The Ontology project is backed by a team of blockchain experts and developers from China, with strong connections to NEO, another prominent blockchain project. The founding team's vision was to create a robust infrastructure for implementing decentralized trust systems.

OntologyGas operates as the utility token for the Ontology blockchain ecosystem. It serves a critical function by being used to pay for transaction fees and smart contract execution costs on the network. While Ontology's main token (ONT) is primarily used for value storage and transfer, ONG ensures the network maintains predictable transaction costs, creating a user-friendly environment for both developers and users. As a gas token, ONG helps regulate network resources and prevent spam transactions. With a total supply of 800.00M ONG and 469.42M ONG currently in circulation, ONG plays an essential role in Ontology's dual-token economic model. The separation of governance (ONT) and utility (ONG) functions creates a more stable ecosystem where transaction costs remain predictable even as the network value grows. ONG can be earned by ONT holders through a staking mechanism, creating an incentive structure that rewards long-term participation in the network.

OntologyGas operates on a dual-token architecture within the Ontology blockchain ecosystem. The technical structure consists of: 1. Dual-Token System: ONG serves as the utility token that pays for network fees and services, while ONT functions as the governance token. 2. Consensus Mechanism: OntologyGas utilizes a modified VBFT (Verifiable Byzantine Fault Tolerance) consensus algorithm that combines PoS, VRF (Verifiable Random Function), and BFT for high performance and security. 3. Cross-Chain Protocol: The architecture includes a cross-chain protocol that enables interoperability with other blockchains. 4. Smart Contract Support: OntologyGas supports multiple programming languages for smart contract development, including Python and C#. 5. Sharding Technology: The network implements sharding to enhance scalability and transaction throughput. 6. Trust Framework: A comprehensive trust ecosystem with identity verification and data exchange protocols designed for enterprise applications. The total supply of ONG is 800.00M ONG, with 469.42M ONG currently in circulation.

OntologyGas has a promising future with a clear roadmap focused on expanding its utility within the Ontology ecosystem. As a Layer 1 solution, ONG aims to enhance blockchain interoperability and scalability by 2026. The development team is working on improving transaction speeds and reducing fees, with major protocol upgrades scheduled for 2027. The roadmap includes expanding ONG's DeFi capabilities, enhancing cross-chain functionality, and increasing enterprise adoption. With a current price of $0.07075 and market cap of $33.21M, ONG has significant growth potential as it approaches its maximum supply of 1.00B ONG. By 2028, ONG plans to implement advanced smart contract functionality and expand its presence in the BNB Chain ecosystem. Long-term goals include becoming a leading gas token for decentralized applications by 2031, with particular focus on identity verification solutions and data exchange protocols.

OntologyGas is rising due to increased utility in on-chain services, growing adoption within the Ontology ecosystem, and positive market sentiment following its +1.84% gain. Recent platform developments and broader crypto market recovery are also contributing factors.

OntologyGas is dropping due to market volatility, with a recent 24-hour change of +1.84%. This decline reflects broader crypto market uncertainty, influenced by macroeconomic factors and reduced trading volume of $502.44. Despite the current dip, ONG maintains a market cap of $33.21M.

OntologyGas price could reach $0.25 by 2027, potentially hitting $0.35-0.40 by 2028 based on market trends and adoption. Current price is $0.07075 with a market cap of $33.21M.

OntologyGas price may rise in 2026 due to its recent +1.84% gain and growing market interest. Technical indicators suggest potential upward momentum if it breaks above $0.07075 resistance level. Increased adoption of the Ontology ecosystem could drive ONG higher.

The current price of OntologyGas (ONG) is $0.07075. As the #621 cryptocurrency by market cap, ONG has seen a +1.84% change in the last 24 hours with a trading volume of $502.44.

The highest price OntologyGas has ever reached was $2.34 on September 29, 2018, which remains its all-time high value to date.

The lowest price OntologyGas has ever been is $0.04242 of $0.01, which occurred in 2020. Since then, ONG has shown significant price recovery to its current value of $0.07075.

Currently, 1 ONG is worth $0.07075.

OntologyGas is valuable as it powers the Ontology blockchain ecosystem, enabling decentralized identity solutions and data sharing. It facilitates transactions, supports staking, and stabilizes on-chain applications with a current price of $0.07075 and market cap of $33.21M.

OntologyGas has a total supply of 1,000,000,000 ONG tokens, with 469.42M ONG currently in circulation as of 2026-05-08. The maximum supply is capped at 1.00B ONG.

Mining OntologyGas is not profitable for most individuals due to its low price ($0.07075) and network complexity. Profitability depends on electricity costs and mining equipment efficiency. Consider staking ONG instead for passive income.

OntologyGas was officially launched on August 23, 2018. This native utility token of the Ontology blockchain has been in circulation since its initial release date.

Currently, one ONG costs $0.07075.

You can buy OntologyGas through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy ONG at $0.07075. Crypto ATMs also offer direct purchases.

To purchase ONG, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to ONG trading pair, enter purchase amount, and confirm your transaction. Store your ONG in a secure wallet for safekeeping.

Yes, OntologyGas is a legitimate cryptocurrency that has been in the market since 2018. Currently ranked 621, it operates on the BNB Smart Chain with a price of $0.07075. With a market cap of $33.21M and active trading volume of $502.44, ONG has established itself as a utility token in the Ontology ecosystem.

OntologyGas (ONG) is a utility token on the Ontology blockchain, currently ranked #621 with a price of $0.07075. It's used for on-chain services and transaction fees, distinct from ONT which is for staking. OntologyGas has a total supply of 800.00M ONG tokens.

OntologyGas is owned by Ontology, a blockchain platform founded by Li Jun, Da Hongfei, and Erik Zhang. The team focuses on developing identity verification solutions and decentralized applications on the Ontology blockchain.

ONT and OntologyGas are two distinct tokens in the Ontology ecosystem. ONT is the governance token used for staking and voting, while OntologyGas is the utility token that powers network operations and serves as gas for transactions. ONT generates OntologyGas when staked, similar to how NEO generates GAS.

You can buy OntologyGas on major cryptocurrency exchanges that support ONG trading. Look for platforms offering BEP20 token support with good liquidity. Current price is $0.07075 with $502.44 24h trading volume.