Ore's V2 Launch Captures 14% of Solana Transactions
CryptoNewsTerminal Staff08 Aug, 2024
Ore's V2 Launch Captures 14% of Solana Transactions
Ore, the Solana-based on-chain mining project, has made significant strides since the launch of its V2 on August 6. According to data from CryptoSlate, Ore has captured an impressive 14% of all transactions on the Solana network. This surge in activity highlights the growing adoption of Ore and its unique approach to mining. Unlike traditional mining, which requires specialized hardware and consumes vast amounts of energy, Ore enables users to mine cryptocurrency through everyday tasks such as browsing the web or playing games. The success of Ore's V2 launch underscores the growing maturity of the Solana ecosystem and the increasing popularity of on-chain mining as a sustainable and accessible way to earn cryptocurrency. As Ore continues to expand its capabilities, it is expected to play an even more prominent role in the Solana network and the broader cryptocurrency landscape.
