Ontology Gas (ONG): What It Is and Today's Price

Gas Ontology or NGO is a utility token used to run activities on the Ontology blockchain.

Unlike networks that rely on just one asset, Ontology separates the network's economic functions into two tokens: ONT for governance and staking, as well as ONG for transaction fees and smart contract execution.

This model makes ONG more than just an asset traded on the crypto market.

These tokens have direct functionality within the network, especially when users make transactions, interact with decentralized applications, or run smart contracts.

For those who are looking forWhat is ONG coin?, understand the relationship between ONG and ONTbe the first step.

From there, ONG's tokenomics and price movements can be read in a more precise context.

Key Takeaways

• Ontology Gas (ONG)is a gas token to pay for transactions and smart contract execution on the Ontology blockchain.

• Ontology uses a two-token model:ONT for governance and staking, ONG for on-chain activities.

• CoinMarketCap data at the time of this article's review showed a price of aroundRp1.834,75 per ONG, with a circulating supply of approximately 478.58 million ONG.

What is ONG Coin?

Source: ont.io

ONG coinis a gas token in the Ontology ecosystem.

Its main function is to payfees are charged when users perform activities on the blockchain, including transactions and smart contract execution. Ontology's documentation explains that each on-chain activity consumes a certain amount of ONG as gas.

In simple terms, if ONT can be viewed as an asset related to ownership, governance, and staking, ONG acts as the operational fuel of the network.

Ontology itself refers to ONT asvalue token, while ONG is placed asgas token.

The separation is part of dmeandual-token model Ontology. 

The goalis to separate the staking and governance functions from the network usage fees so that changes in the ONT value do not directly cause transaction fees to fluctuate.

Read Also:What is a Token and Its Meaning in the Crypto World?

Understanding Gas Ontology in the Ontology Ecosystem

Source: ont.io

To understand Gas coin Ontology, need to see the blockchain that iswhere this token is used. Ontology is an open-source blockchain focused on digital identity, reputation, privacy, and data for Web3.

Currently Ontology positions itself astrust layer for Web3 the infrastructure includes ONT ID for digital identity, ONTO Wallet, staking, and Multi-VM support covering EVM, NeoVM, and WASM.

ONG then becomes a payment component for activities taking place on the network.

Ontology says transaction fees can be as low as 0.05 ONG for certain activities.

Read Also:6 Differences Between Coins and Tokens in Crypto to Avoid Misunderstanding

How is ONG Used?

Source: ont.io

The main function of ONG is to pay gas fee. 

When a user sends a transaction orTo run smart contracts, the network requires ONG to process those activities. Ontology's documentation also notes that EVM contracts on Ontology use ONG as gas.

ONG is also linked to a staking mechanism. Users who stake ONT can earn ONG as a reward.

With this design, the ONT helps secure and manage the network, while the ONG becomes an asset used to pay for activities within it.

This means that theoretically, demand for ONG does not only come from trading activities.

As long as there are users and applications that require transactions on Ontology, the token has a function as a means of paying network fees.

Read Also:What Is Token Base? An Exploration of Tokenomics & Its Role in the Base Ecosystem

ONG Tokenomics to Watch Out For

Tokenomics ONG underwent important changes after the Ontology v3.0.0 upgrade.

In its official announcement in November 2025, Ontology stated that the total supply of ONG was reduced from 1 billion to 800 million ONG, with 100 million ONG permanently locked. 

These changes are aimed at reducing inflation and strengthening the sustainability of the token economy.

CoinMarketCap when checked noted 800 million ONG as total supply, while the maximum supply is still displayed at 1 billion ONG.

The circulating supply is around 478.58 million ONG, or about 47.86% of the maximum figure.

Ontology also changed its reward distribution mechanism. According to the upgrade announcement, 80% of newly issued ONG will be allocated to ONT stakers, while 20% will be allocated to liquidity and ecosystem expansion.

Thus, reading ONG tokenomics is not enough just by looking at the maximum number of tokens.

Changes in supply, emission mechanisms, staking, and network gas requirements are also part of the economic picture.

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Today's ONG Price

Today's ONG price is around US$0.0924 or IDR1,635 per ONG, based on CoinMarketCap live data. Rupiah calculations use an exchange rate of approximately Rp17.694 per US$1 on August 21, 2026.

At that level,Ontology Gas market capitalization reached around US$44.22 million or Rp. 782.6 billion. 

Meanwhile, the 24-hour trading volume was aroundUS$145.53 million or Rp. 2.58 trillion. 

CoinMarketCap noted that ONG experienced an increase of around 53.29% in 24 hours, indicating that trading activity is currently high.

In a 24-hour period, the ONG price moved in the range US 0,05871 – US 0,1835, or around Rp1.039–Rp3.247 if converted using that exchange rate. This range shows how quickly the price of ONG can change in one day.

Historically,all-time high (ATH) ONG recorded around US$4.59 on September 28, 2018, approximately equivalent to Rp81.216 with an exchange rate of Rp. 17,694 per dollar.

Meanwhile, the lowest point was recorded at aroundUS$0.03934 on March 13, 2020, or aroundRp696.

Because crypto prices move in real time, figures in rupiah and dollars may change after the article is published.

To get the latest prices, it is best to check live data before making a transaction.

What Differentiates ONG from ONT?

Source: ont.io

The difference between ONT and ONG is often a source of confusion for new investors.

ONT is a token used for governance and staking, whereas ONG is used to pay for transactions and run smart contracts..

Staking ONT can generate ONG as a reward. So, while the two tokens are economically related, that doesn't mean they perform the same function.

The model also explains why ONG has a role that is more closely related to network usage activities.

If ONT is about security and governance, ONG is about the costs when the blockchain is actually used.

Read Also: Crypto Presale August 2026

Is ONG Worth Paying Attention To?

ONG differs from tokens whose value is primarily built on narrative. It offers direct utility because the token is essential for activities on the Ontology blockchain.

However, network utility does not automatically mean that ONG prices will always rise.

Token value remains influenced by crypto market conditions, liquidity, network activity, investor sentiment, and the development of the Ontology ecosystem.

Therefore, before buying ONG, it is important to look at more than just the price chart.

Pay attention to network developments, supply mechanisms, staking, trading volume, and how Ontology is developing the use of decentralized identity and reputation.

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Conclusion

Ontology Gas (ONG) is a gas token that is a key part of Ontology's dual-token architecture. This token is used to pay for transactions and execute smart contracts, while ONT plays a key role in governance and staking.

From the side tokenomics ONG, changes in the v3.0.0 upgrade make the supply structure tighter, with the total supply set at 800 million ONG and a portion of the tokens permanently locked.

Meanwhile, ONG price todayshows high volatility so that the price figuresIt needs to be constantly monitored in real time. For potential investors, understanding the token's function and economic mechanisms is far more useful than simply looking at the percentage price increase in a single day.

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FAQ

What is ONG coin?

ONG coin is a gas token in the Ontology blockchain that is used to pay for transactions and run smart contracts.

What is the main function of Gas Ontology?

Its main function is to pay transaction fees, execute smart contracts, and various on-chain activities on the Ontology network.

What is the difference between ONT and ONG?

ONT is used for governance and staking, while ONG is used as gas for transactions and smart contract execution. Staking ONT can also generate ONG as a reward.

How much is ONG today?

When checked, the price of Ontology Gas was around Rp1.834,75 per ONG According to CoinMarketCap, prices are subject to change at any time depending on market conditions.

What is the total supply of ONG?

CoinMarketCap recorded a total supply of ONG of 800 million tokens, with approximately 478.58 million ONG in circulation at the time of the data review. Ontology previously announced a reduction in the total supply from 1 billion to 800 million ONG.