Ontology gas (ONG) is primarily a crypto asset that is powered by the Ontology blockchain network. Focussed to give a higher performance along with the issues of security and data integrity, the ONG crypto forms a perfect solution to the enterprises who are looking for flexibility in their operations.
ONG crypto has the ability to provide a robust cross-chain collaboration coupled with the ability to provide the Layer-2 scalability solutions technically help the organisations to speed up their operation at the same time provide flexibility of operations. By adopting a dual token model – ONT and ONG, the Ontology blockchain is able to decouple the two tokens to relieve the issues related to gas fees.
On 14 February, the ONG crypto’s price saw a significant rally of over 30% and a volume gain of over 9,000%.
Why is the ONG token rallying?
Although the exact reason for the ONG token’s rally is not known, but the Twitter buzz indicates that it could be due to its development on the NFT front. Besides, it looks like it is cashing in on the Valentine’s Day theme, the…
