As of May 9, 2025, Ontology Gas (ONG) is trading at approximately $0.2215 USD, reflecting a 5.57% increase over the past 24 hours. The token has experienced an intraday high of $0.2243 USD and a low of $0.2084 USD.
With a circulating supply of approximately 414 million ONG tokens, the market capitalization is estimated at $91.8 million USD, based on the current price. The all-time high for ONG was $3.18 USD on May 20, 2021, marking a significant decline from its peak value.
Ontology Gas serves as the utility token for the Ontology blockchain, facilitating transaction fees, smart contract execution, and computational tasks within the network. It is also distributed to ONT token holders who stake their tokens, incentivizing participation and network maintenance.
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