ONG price prediction analysis: Is Ontology Gas undervalued after token burning?

What is Ontology Gas (ONG)

Ontology Gas is the operational fuel of the Ontology blockchain. While ONT represents governance and staking power, ONG is necessary for executing transactions, deploying smart contracts, and interacting with decentralized applications built on Ontology. This dual-token structure separates governance from usage, aiming to stabilize long-term network operations while allowing transaction costs to adjust naturally according to demand.

Core functions of ONG

• Payment transaction and smart contract fees
• Support decentralized application execution
• Achieve predictable network costs
• As a demand-based utility asset

As the usage of the network increases, the demand for ONG naturally rises, not just through speculation.

Current Market Snapshot

Despite the completion of the mainnet upgrade, ONG is still under pressure. This behavior is typical when traders choose to sell off at the time of the upgrade after pricing in aggressive expectations in advance.

Why is the price of ONG under pressure?

Several factors converge to explain the recent weakness in the ONG price.

• Take profit after the upgrade: The mainnet upgrade on December 19 completed the burning of 200 million ONG tokens. Although the reduction in supply is structurally positive, short-term traders typically sell after the event to lock in profits.
• technical vulnerability: ONG is currently trading below key moving averages. The RSI is close to 37, and momentum remains weak, indicating a cautious sentiment rather than panic selling.
• Market-wide risk aversion: Bitcoin's dominance has risen to over 59%, attracting funds away from altcoins. The crypto fear index is close to 29, indicating that investors prioritize capital preservation over speculative risks.

How does the ONG price recover

Practical tokens like ONG typically recover when network activity increases or market sentiment shifts towards altcoins.

• Network usage growthAs the adoption of Ontology in identity solutions, enterprise use cases, and cross-chain applications continues to grow, the demand for transactions has directly increased the consumption of ONG.
• Supply Reduction DynamicsThe completed token burning has permanently reduced the circulating supply. Over time, a lower supply combined with stable usage can tighten the market.
• Aluminum coin rotation: When Bitcoin's dominance peaks and capital flows back into mid-cap altcoins, tokens focused on utility often outperform speculative meme assets.

How can traders make money using ONG

Successful traders treat ONG differently from high-volatility meme coins.

Platforms like Gate.com allow traders to leverage deeper liquidity, real-time order books, and risk management tools suitable for both short-term and long-term strategies to manage these strategies.

Long-term outlook of ONG

ONG is not designed to create a hype cycle. Its value proposition is based on ongoing blockchain usage. As decentralized identity, enterprise blockchain integration, and cross-chain interoperability continue to expand, gas tokens with predictable utility may gain renewed attention in the later stages of market cycles.

Conclusion

Ontology Gas represents a different category of crypto assets, rooted in infrastructure rather than speculation. While short-term price fluctuations reflect the wider market's caution, the underlying utility model and reduced supply following the recent token burning create a foundation for future recovery. For traders who understand market cycles and investors who value real usage, ONG remains a token worth closely monitoring. Using professional platforms like Gate.com can help navigate volatility while maintaining disciplined investment exposure.

Frequently Asked Questions

1. What is ONG used for
   ONG is used to pay for transaction fees and execute smart contracts on the Ontology blockchain.

2. Why did the ONG price drop after the upgrade?
   Short-term traders sold after the mainnet upgrade was completed and the token burning was finalized.

3. Is ONG a governance Token?
   No, ONG is a utility token. ONT is used for governance and staking.

4. Can ONG benefit from the altcoin season?
   Yes, utility-based tokens usually perform well when capital shifts from Bitcoin to other coins.

5. Where can traders access the ONG market?
   ONG can be traded on platforms like Gate.com, which provide liquidity and trading tools.