Overview of Ontology (ONT)
Ontology (ONT) is a token of a high-performance public Layer 1 blockchain focused on decentralized identification solutions (ONT ID) and data governance in Web3. The platform, launched in 2017 by Onchain, supports dApps, asset tokenization, and integration with Ethereum through EVM. ONT is used for voting, staking, and governance, while the second token of the ecosystem, ONG (Ontology Gas), is used to pay transaction fees.
- Price (June 20, 2025): ~$0.13–$0.14 (according to CoinMarketCap and X).
- Market capitalization: ~$120–$130 million (rank ~300).
- Trading volume (24h): ~$6–$10 million, down from a peak in May.
- News:
- Integration with Goshen Network (Layer 2 based on Optimistic Rollup) to enhance scalability.
- Partnership with Klaytn to expand ONT ID in South Korea.
- Launch of OntologyAU campaign with a giveaway of $300K in ONT and ONG to boost user activity.
- Support for MetaMask, OKX Wallet, and ONTO Wallet for cross-chain operations.
Technical analysis
- Current situation: The price of ONT has fallen 98% from ATH ($10.92, May 2018) and is trading at $0.13–$0.14. A descending wedge is forming on the daily chart, with bullish divergence on RSI indicating a possible reversal. A break above $0.15 may signal bullish momentum.
- Key levels:
- Support: $0.125–$0.13 (50-day SMA).
- Resistance: $0.15, then $0.175.
- Indicators:
- RSI (daily): ~39.10, neutral zone, close to oversold.
- MACD: Neutral, with a hint of a bullish crossover.
- SMA: Price is below the 50-day SMA ($0.148) and 200-day ($0.167), indicating a bearish long-term trend.
- Volumes: Decrease from $20 million (May) to $6–$10 million, but increase in activity after the OntologyAU campaign.
- Chart: Price is testing $0.13 in a descending wedge. Closing above $0.15 could push the price to $0.175. Check on TradingView (ONT/USDT) or CoinMarketCap.
Fundamental factors
- Positive:
- Leadership in decentralized identification solutions (ONT ID) and Web3.
- Integrations with Klaytn, Goshen Network, and support for EVM increase utility.
- Active community on X (@OntologyNetwork) with bullish sentiment after campaigns.
- Risks:
- High emission (1 billion tokens, 90% in circulation) creates selling pressure.
- Competition with other Web3 protocols (Polkadot, Cosmos).
- Network failure in June 2025 (40 minutes) raised questions about reliability.
Recommendations
- Traders: Buy when holding $0.13 (target $0.15–$0.175, stop-loss $0.125). Sell upon breaking $0.125 (target $0.10).
- Investors: Growth potential is related to ONT ID and Web3, but high emission and competition create risks. Wait for news about partnerships and TVL.
- Monitoring: Follow X (@OntologyNetwork, @OntologyAU) and charts on TradingView.