ORE Weekly Mining Volume Nears $12 Million as Miner Count Reaches Highest Since June

ORE recorded nearly $12 million in weekly mining volume, its highest weekly figure since February, as active miners reached their highest level since June. The figures pair a dollar-volume high with the strongest miner count in months on Solana. October mining volume totaled about $45 million, the protocol’s highest monthly amount in nine months. ORE Protocol generated $4.24 million in fees over a trailing 30-day period as of early November. Mining fees go toward ORE buybacks and burns, and a portion of protocol revenue is allocated to native stakers.