Solana's Ore Protocol has experienced a significant resurgence following the launch of its V2 mining mechanism on October 22. The new system, featuring a gamified 5x5 grid and a Motherlode reward pool, has driven the ORE token price to a yearly high of $249, marking a 2,445% increase over the past 30 days. As of November 6, the protocol's daily revenue surged to $316,000. The updated V2 model introduces a 10% refinement fee and a 10% protocol fee, with 90% of the latter being burned, supporting a deflationary approach. Ore maintains a capped supply of 5 million tokens and a stable issuance rate of one ORE per minute, aiming to enhance sustainability and align with market preferences.