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ORE Protocol: Solana's Revenue Powerhouse Just 7 Weeks After Launch

ORE Protocol: Solana's Revenue Powerhouse Just 7 Weeks After Launch

In the fast-paced world of blockchain, where projects come and go like viral trends, it's rare to see something gain traction so quickly. But that's exactly what's happening with the ORE protocol on Solana. As highlighted in a recent tweet from Matty Tay, co-founder of Colosseum and former Solana team member, OREsupply's protocol is only about seven weeks old, yet it's already making waves in revenue generation.

Matty's post reminds us that while the core system is performing well, there are still bugs to iron out, price swings to navigate, and upgrades on the horizon. Despite these early-stage hiccups, ORE has climbed to the #2 spot in revenue among apps on Solana and #3 across the entire crypto landscape. That's impressive for a project that's barely out of the gate.

For those new to ORE, let's break it down simply. ORE is a Solana-native cryptocurrency designed as a store of value, similar to digital gold. It uses a proof-of-work (PoW) mining mechanism, but unlike energy-hungry Bitcoin mining, ORE is built to be accessible—you can mine it on everyday devices without massive hardware setups. The protocol relaunched in late October 2025 with a fresh design focused on accruing revenue, sustainable tokenomics, and even elements of on-chain gambling, like a roulette-style mining game.

This relaunch transformed ORE from a fair-launch mining project into a deflationary system that rewards long-term holders. As one reply in the thread points out, mining cycles will naturally ebb and flow: during hype peaks, casual users flood in, making it less profitable temporarily, but when the crowd thins, dedicated miners reap the benefits. This setup drains short-term liquidity and funnels it to committed participants, strengthening the community over time.

Why does this matter for meme token enthusiasts? While ORE isn't a pure meme coin like some dog-themed tokens, it embodies the spirit of accessible, community-driven assets on Solana. Its mining model adds a gamified layer, much like how memes thrive on fun and participation. Plus, with Solana's low fees and high speed, ORE fits perfectly into the ecosystem where meme tokens often explode in popularity.

Looking ahead, integrations across the Solana network and ongoing improvements could solidify ORE's position. As Matty notes, the coming years will bring refinements, but the early revenue stats—surpassing many established apps—suggest ORE is here to stay. If you're into blockchain tech or hunting for the next big thing in digital assets, keeping an eye on ORE could pay off.

Check out the original thread on X for more community insights and join the conversation. Who knows? You might even decide to start mining some ORE yourself.

What Makes ORE Stand Out?

  • Accessibility: Mine ORE on your phone or laptop—no fancy rigs needed.
  • Revenue Model: The protocol generates fees through its unique mining mechanics, ranking it high on platforms like DeFiLlama.
  • Deflationary Tokenomics: Designed to favor long-term holders, with natural cycles that weed out short-term speculators.
  • Solana Synergy: Leverages Solana's efficiency for seamless transactions and integrations.

If you're diving deeper, resources like the official ORE site offer guides on getting started. As the protocol evolves, it could become a staple in the Solana meme and DeFi scene, blending utility with that irresistible crypto excitement.

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