Ontology Gas, commonly referred to as ONG, plays a crucial role in the Ontology blockchain ecosystem. While many traders focus on speculative first-layer tokens, ONG serves as a functional utility asset that drives real on-chain activities. Understanding ONG price behavior requires looking beyond short-term charts to examine the interactions between network usage, token burning, and broader market sentiment. The current price is GBP £0.06029, and ONG has experienced short-term weakness following a significant network upgrade and amid a generally risk-averse sentiment in the crypto market. However, utility-based tokens often behave differently throughout market cycles, making ONG an interesting case study for traders focusing on fundamentals rather than hype. Platforms like Gate.com provide access to the ONG market along with advanced tools to help traders efficiently track price changes, liquidity, and volatility.