ON is the native token of Orochi Network and serves its “verifiable data infrastructure.” It connects those who use the network with those who provide network capabilities: users can use ON to pay for network interactions or rent storage space, while validators, storage infrastructure providers, and zero-knowledge sequencers receive ON compensation for providing their respective services. Specifically, validators need to stake ON to participate in consensus, and the network grants ON rewards based on their contributions; fees for distributed storage rentals are used to compensate providers that maintain storage infrastructure; ZK sequencers process transactions and provide privacy-related computational work, also receiving compensation in ON. Therefore, ON is not only a medium for transactions, but also a tool for staking, payments, and incentive settlement among these participant roles.

ON Price in USD Today, Live Market & Historical Trend Chart

Q: How is ON used in the network?

ON's use in the network can be understood by service type. Validators participating in consensus first stake ON and then receive ON rewards based on their contributions to network security and integrity; users who need to store verifiable data use ON to rent distributed storage space, with fees flowing to providers that maintain this infrastructure; ZK sequencers that process transactions and undertake computational work also receive ON compensation. When users initiate transactions or other network interactions, ON is also used to pay network fees. This creates the following relationship: users pay for network resources and interactions, while participants providing validation, storage, or sequencing services receive corresponding incentives; whether a participant takes on a particular role and the specific returns involved depend on actual services and network rules, rather than merely holding ON.

Q: What does the information on ON's vesting mechanism indicate?

The ON code repository released by Orochi Network includes token and vesting contracts, and describes its goal as a transparent, phased release arrangement for tokens allocated to the community and supporters. Vesting links the time at which certain tokens become obtainable to preset periods, rather than releasing all of the relevant allocation at once. The deployment instructions in the repository require the token generation event time and vesting terms to be set before deployment, which also indicates that specific addresses, periods, and arrangements should be determined by the actually adopted contracts and their configurations. The repository describes the phased-release mechanism; it should not be used to infer that a particular on-chain contract has already been deployed or that a specific unlock schedule is being executed.

Rank 688

$0.16319

+$0.00429(+2.70%)

Market Cap

$22.72M

24h High

$0.17362

24h Low

$0.14525

24h Turnover

$172.64K

Total Supply

1.00B

Market Sentiment

Neutral

Price of ON (ON) Today in USD

View ON (ON) Price Prediction

The live price of Orochi Network (ON) today is $0.16319, with a 24h change of +2.70%. Over the same period, the low was $0.14525, the high was $0.17362, and the 24h trading volume was $172.64K. The current market cap is approximately $22.72M. It ranks #688 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $0.45500 (⁦2026-08-07⁩); the current price is -64.13% from the all-time high.

ON (ON) Price History

7 Days
-9.25%
Low
$0.14525
High
$0.27659
30 Days
+50.34%
Low
$0.09490
High
$0.27659
90 Days
-52.67%
Low
$0.09490
High
$0.42500
1 Year
+36.76%
Low
$0.06042
High
$0.45500

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 34; Fear
Last Week: 51; Normal
Last Month: 73; Greed

The Fear & Greed Index is currently 50/100, in the Normal zone; change from yesterday: +16, from last week: -1, and from last month: -23. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did ON (ON) Rise in the Last 24 Hours?

Order-book and candlestick data at 2026-11-05T06:00:00Z indicate shallow liquidity: single-period volume was 31,156 units, and the top-five-level bid-to-ask depth ratio was 0.60, with greater total ask than bid volume. Large orders appeared on both sides, but a shallow book means an individual order can materially affect price and does not confirm a sustained trend. The candle was up 2.19% at that timestamp despite very low volume, so the price movement was not matched by trading activity. RSI was neutral across timeframes and MACD showed no crossover; moving averages diverged, bearish on the 4-hour chart and bullish on the daily chart. ADX indicated stronger trend strength on some timeframes but not its direction. These signals therefore provide no consistent directional confirmation, and low-liquidity volatility does not by itself imply a fundamental change.

About ON (ON)

Orochi Network is a Verifiable Data Infrastructure designed to ensure data integrity and privacy through advanced cryptographic techniques. Orochi Network provides a secure infrastructure for processing and proving data without compromising confidentiality. This combination of cutting-edge cryptographic primitives allows users to trust the system’s outputs while keeping sensitive information protected, making it a powerful solution for applications requiring both transparency and privacy.

Use Cases and Features

ON is the native token of Orochi Network and supports its verifiable data infrastructure. Validators can stake ON to participate in consensus; it is also used for decentralized storage, network-interaction fees, and incentives for zero-knowledge sequencers.

Supply and Issuance Mechanism

ON allocations are released in stages through vesting contracts, gradually distributing tokens to the community and project supporters according to predetermined arrangements.

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How to Buy and Use ON (ON)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

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Simple Earn

Est.30-Day APR

0.27%

Dual lnvestment

Est.30-Day APR

5.51%~74.68%

ON (ON) Basics & Market Insights

Fundamentals

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Market Analysis

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Ripple’s RLUSD Market Cap Reaches $2.6 Billion: Why Is Two-Thirds of Its Supply on Ethereum Rather Than the XRP Ledger?RLUSD’s market cap reaches $2.6 billion, but roughly two-thirds of its circulating supply sits on Ethereum rather than the XRP Ledger. Using DefiLlama on-chain data and Aave liquidity structure as clues, this article breaks down the mechanisms behind stablecoin supply migration and assesses XRP’s true role in RLUSD’s expansion.2026-11-05

Tesla and SpaceX Shares Fall Against the Broader Market: How Is the Market Repricing Elon Musk’s Political Risk?On November 5, 2026, the Dow surged by more than 1,500 points, while Tesla and SpaceX shares fell against the trend. This article breaks down how, after Democrats swept the midterm elections, uncertainty around regulatory reviews, AI data center approvals, and merger-and-acquisition deals lowered the valuation of Musk-affiliated assets through three channels.2026-11-05

Frequently Asked Questions About ON (ON)

What is ON?

How is ON used in the network?

What does the information on ON's vesting mechanism indicate?

Risk Disclosure

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