Token

Solana

Blur

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/tensor-announces-governance-token-launch-and-nft-market-growth/" data-wpel-link="internal">Tensor Announces Governance Token Launch and NFT Market Growth</a> 
<a href="https://coin-turk.com/bitcoin-ve-altcoinler-derinden-sarsilmasina-neden-olan-unlu-isimden-sert-aciklamalar" data-wpel-link="internal">The cryptocurrency</a> market continues to see notable developments, with airdrop events becoming a topic of interest within blockchain ecosystems. Accordingly, the <a href="https://en.coin-turk.com/bitcoin-and-solana-price-movements-in-the-current-market/" data-wpel-link="internal">Solana</a> <a href="https://coin-turk.com/bore-ape-yacht-club-olayinda-son-durum" data-wpel-link="internal">NFT</a> marketplace Tensor announced it will be launching a governance token. The Tensor Foundation shared details about the release of the TNSR token on social media platform X without going into much detail. 
<h2 class="p1" style="text-align: justify" id="tensor-team-s-token-announcement">Tensor Team’s Token Announcement</h2> 
Tensor Foundation made an announcement on social media platform X on March 12, stating the following: 
<blockquote> 
 “Today the <a href="https://en.coin-turk.com/the-rise-of-nft-marketplaces-a-new-era-in-crypto/" data-wpel-link="internal">NFT</a> space is an important community within the <a href="https://en.coin-turk.com/hong-kong-to-nurture-web3-and-regulate-stablecoins-new-milestone-in-crypto-industry/" data-wpel-link="internal">Web3</a> domain. Tomorrow, NFTs will empower products, businesses, and entire industries. NFT investors will grow from thousands to billions.” 
</blockquote> 
Tensor also announced that it has facilitated approximately $2.2 billion in transactions for Solana NFTs. This represents an additional $2 billion in trade volume compared to the $7 million in NFT volume recorded last March. The marketplace became operational towards the end of 2022. The Tensor Foundation made the following statement: 
<blockquote> 
 “To date, Tensor protocols have facilitated the trade of over $2 billion in Solana NFTs. In the last 90 days, it facilitated more than 70% of Solana’s NFT transaction volume.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-326555" src="https://coin-turk.com/wp-content/uploads/2024/03/tnsr-tweet.png" alt="" width="500" height="402"> 
<h2 class="p1" style="text-align: justify" id="nft-process-in-ethereum-and-solana-ecosystems">NFT Process in Ethereum and Solana Ecosystems</h2> 
Solana NFTs, which lag behind the transaction volumes of NFTs on <a href="https://coin-turk.com/btc-eth-ve-xrpde-kirmizi-alarm-bitcoin-ethereum-ve-ripple-dususte" data-wpel-link="internal">Ethereum</a>, have seen a steady increase in their transaction volumes since the end of last year. According to CryptoSlam data, more than $200 million worth of Solana NFTs changed hands each month between December and February. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-326554 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/nft-hacim.png" alt="" width="1079" height="836"> 
Last March, Tensor, which describes itself as the Blur of Solana, announced that it raised $3 million in a seed funding round. The round was led by Placeholder VC, with participation from Solana Ventures and Solana’s founding partners Anatoly Yakovenko and Raj Gokal. 
Tensor’s self-designation as the Blur of Solana is part of its strategy to position its market to appeal to professional investors in Solana NFTs. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/tensor-announces-governance-token-launch-and-nft-market-growth/" data-wpel-link="internal">Tensor Announces Governance Token Launch and NFT Market Growth</a></h5>

Tensor Announces Governance Token Launch and NFT Market Growth

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