Deep Dive
1. MainNet v3.1.2 with EVM Opcodes (29 July 2026)
Overview: This upgrade integrates four specific Ethereum opcodes into the Ontology EVM, making it easier and cheaper for developers to build and port applications from Ethereum.
The update, activated at block height 20,800,000, brings in PUSH0, BASEFEE, MCOPY, and transient storage (via EIP-3855, 3198, 5656, and 1153). These changes allow smart contracts to be written with less code, use cheaper temporary memory, and access key Ethereum block data. This significantly reduces friction for developers familiar with Ethereum's tools.
What this means: This is bullish for ONT because it makes the network more attractive to the vast pool of Ethereum developers. It leads to cheaper deployment costs, smaller contract sizes, and a smoother experience for builders, which could accelerate ecosystem growth.
()
2. 80% Gas Fee Reduction Implementation (22 January 2026)
Overview: A passed governance proposal drastically lowered the gas price on the Ontology MainNet, making transactions significantly cheaper for all users.
The update took effect at 00:00 UTC on January 22, 2026. This reduction in the cost to execute transactions and smart contracts is a direct response to community voting, aiming to improve the network's cost-competitiveness and usability.
What this means: This is bullish for ONT because lower fees make everyday use of the blockchain more affordable. It improves the experience for both developers testing applications and users interacting with dApps, potentially driving higher network activity.
(TradingView News)
3. ONG Tokenomics & v3.0.0 Upgrade (1 December 2025)
Overview: A community-approved hard fork changed ONG's economic model, permanently reducing its total supply and locking liquidity to support long-term value.
The v3.0.0 upgrade enacted a proposal that cut ONG's maximum supply from 1 billion to 800 million, burning 200 million tokens. It also permanently locked assets worth 100 million ONG by burning liquidity pool tokens, removing them from circulation. This required all node operators to upgrade their software.
What this means: This is bullish for ONT because it creates predictable, disciplined tokenomics for its gas token. Reducing supply and locking liquidity can help support the value of ONG, which benefits the overall staking and economic security of the Ontology network.
(Cryptopotato)
Conclusion
Ontology's development trajectory shows a clear focus on practical improvements: deepening Ethereum compatibility for developers, slashing costs for users, and enforcing sustainable tokenomics. These updates collectively aim to make the network more efficient, attractive, and valuable. How will these technical foundations translate into increased user adoption and developer activity in the coming months?