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ORE protocol surpasses 3M SOL in mining, boosting revenue and token value on Solana network

Protocol Fundamentals
29 Jun 2026
Crypto Briefing
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Bullish
pluang ai news

ORE, a Solana-based mining protocol, has reached over 3 million SOL deployed since its V3 launch, marking rapid growth from its problematic start in 2024. The current grid-based mining system allows players to strategically stake SOL and earn rewards, with the protocol taking a 10% fee to sustain revenue. V3 introduced buyback mechanisms to support ORE token value, creating buying pressure that could stabilize prices amid market volatility. This milestone highlights strong user engagement and a sustainable revenue model for the protocol's future.

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