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 645

$0.16770

-$0.01551(-8.47%)

Market Cap

$23.77M

24h High

$0.31011

24h Low

$0.13667

24h Turnover

$2.90M

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 $0.16770, with a 24h change of -8.47%. Over the same period, the low was $0.13667, the high was $0.31011, and the 24h trading volume was $2.90M. The current market cap is approximately $23.77M. It ranks #645 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 -63.14% from the all-time high.

ON (ON) Price History

7 Days
+0.97%
Low
$0.13667
High
$0.31011
30 Days
+30.38%
Low
$0.11114
High
$0.31011
90 Days
-56.06%
Low
$0.09490
High
$0.41558
1 Year
+36.12%
Low
$0.06042
High
$0.45500

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 29; Fear
Last Week: 26; Fear
Last Month: 61; Greed

The Fear & Greed Index is currently 32/100, in the Fear zone; change from yesterday: +3, from last week: +6, and from last month: -29. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

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

Technical signals are not aligned across timeframes. The 1-hour moving averages are bullish while RSI is neutral, offering some support for a rebound; the 15-minute view remains weak, the 4-hour moving averages are bullish but MACD has crossed bearishly, and the daily direction is unconfirmed. ADX measures trend strength, not direction. The top-five bid and ask volumes are relatively balanced, while estimated depth on both sides near $0.167 is thin, so local trades may amplify volatility; this does not establish overall market liquidity or consensus. The candle closed at $0.15005 at 15:00 UTC on 2026-11-09, about 85.55% below the price shown in the report snapshot. That low is also below the corresponding 24-hour range floor, so the timestamps are inconsistent and the figures cannot be combined into one market window. Volume lacks a stated unit and comparison baseline, preventing an assessment of whether it was elevated.

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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Est.30-Day APR

0.1%

Dual lnvestment

Est.30-Day APR

1.48%~163.24%

ON (ON) Basics & Market Insights

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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

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.