In the fast-paced world of Solana's blockchain ecosystem, a recent tweet from Colosseum has sparked conversations about the evolving landscape of meme tokens and decentralized finance. The post highlights a significant milestone: $ORE, a proof-of-work token on Solana, has overtaken Pump.fun in daily revenue for the first time. This development could indicate a shift in user behavior, moving from quick meme coin launches to more sustainable mining activities.

The original tweet from @bitvpr shared a chart showing revenue figures for November 23, 2025. $ORE led with $611,424, edging out Pump.fun's $532,508. Other platforms like Axiom and Phantom trailed behind, with the total revenue across listed protocols reaching about $1.4 million. Colosseum's response cleverly ties this into Solana's strengths, suggesting the launch of a native store of value (SoV) asset that leverages the chain's performance, privacy, and composability. They quip, "Make them leave the trenches and enter the mines," accompanied by a meme-worthy image of a thoughtful miner.

What Is $ORE?

$ORE is a unique cryptocurrency built on the Solana blockchain, inspired by Bitcoin's proof-of-work (PoW) mechanism but optimized for Solana's high-speed environment. Unlike traditional mining that requires heavy hardware, $ORE can be mined on everyday devices like laptops or phones. It's designed as a deflationary token with a focus on being a Solana-native store of value, emphasizing fairness, accessibility, and minimal trust assumptions. According to sources like CoinMarketCap, $ORE reimagines decentralized mining, making it more inclusive for participants in the crypto space.

This PoW approach on Solana allows users to "mine" $ORE by solving computational puzzles, earning rewards in the process. It's part of a broader trend where Solana projects blend meme culture with functional utility, attracting both casual traders and serious blockchain enthusiasts.

Understanding Pump.fun

On the other side, Pump.fun is a popular platform for launching meme coins on Solana. It democratizes token creation, allowing anyone to deploy a coin with a fair launch mechanism—no presales or insider advantages. As explained on Solflare, it uses bonding curves to gradually increase the token's price as more people buy in, eventually graduating successful coins to decentralized exchanges like Raydium.

Pump.fun has been a hotspot for meme token frenzy, enabling viral projects to emerge overnight. However, its revenue comes from fees on trades and launches, which has now been surpassed by $ORE's mining-driven earnings.

Implications for the Meme Token Ecosystem

This revenue flip isn't just a number—it's a signal of changing tides in Solana's meme and DeFi scenes. Meme coins on platforms like Pump.fun often thrive on hype and quick flips, but $ORE introduces a more hands-on, mining-based model that could appeal to users seeking long-term value storage. Colosseum, as Solana's hackathon, accelerator, and venture fund, seems to endorse this evolution, encouraging builders to create assets that integrate deeply with Solana's ecosystem.

For blockchain practitioners, this could mean diversifying strategies beyond meme launches. Mining $ORE might offer a steadier income stream compared to the volatile world of pump-and-dump tokens. As replies to the thread suggest, with mentions of $ORE and other tokens like $radr, the community is buzzing about this "mining renaissance."

If you're diving into Solana memes or exploring mining opportunities, keeping an eye on $ORE's trajectory could be key. Check out the full thread on X for more insights, and stay tuned to Meme Insider for the latest updates on token trends and blockchain innovations.