Zinc Cash becomes Solana’s third-largest protocol by 24-hour revenue

The gamified proof-of-work mining protocol also moved ahead of Ore on a seven-day revenue basis, marking a notable shift in Solana’s protocol revenue rankings.

SOL

Summary

Zinc Cash, described as a gamified proof-of-work mining protocol on Solana, has risen to become the third-largest protocol by 24-hour revenue. It also surpassed Ore in seven-day revenue, indicating stronger recent revenue generation relative to another protocol in the same ecosystem. The move highlights how mining-style crypto applications and user incentive mechanisms can quickly reshape activity and fee capture on Solana.

Terms & Concepts
  • proof-of-work: Consensus method using computational mining
  • protocol revenue: Income generated by a crypto application
  • Solana: Layer-1 blockchain for decentralized applications