Token

Solana

Stellar

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/tensor-ignites-solana-nft-marketplace-with-new-governance-token-and-surge-in-trade-volume" rel="noopener noreferrer nofollow">Tensor Ignites Solana NFT Marketplace with New Governance Token and Surge in Trade Volume</a><br></p>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/solanas-price-fluctuations-key-levels-and-market-sentiment" rel="noopener noreferrer nofollow">Solana</a> <a href="https://en.bitcoinhaber.net/kevin-rose-makes-strategic-nft-sales-while-eyeing-crypto-trends" rel="noopener noreferrer nofollow">NFT</a> marketplace, Tensor, is making headlines with its latest announcement to introduce a governance token, signifying a major step in engaging its community in the platform’s decision-making processes. The organization broadcasted the forthcoming arrival of the TNSR token using a social media platform, though the specifics were not fully divulged.</p>
<h2 id="stellar-performance-in-trade-volumes">Stellar Performance in Trade Volumes</h2>
<p style="text-align: justify">Tensor has reportedly performed exceedingly well in facilitating transactions within the Solana NFT ecosystem. It claims to have processed trades worth approximately $2.2 billion for Solana NFTs, which shows a stark increase from the $7 million volume in the prior March. This statistic is particularly notable considering Tensor only became active towards the end of the previous year.</p>
<p style="text-align: justify">The marketplace’s impact is evident with its protocols handling over 70% of all Solana NFT transactions in the past 90 days. This level of activity has positioned Tensor as a dominant force in the Solana NFT space.</p>
<h2 id="growth-trends-in-nft-markets">Growth Trends in NFT Markets</h2>
<p style="text-align: justify">Comparatively, Solana NFTs have been ramping up their presence, trailing behind Ethereum-based NFTs in terms of transaction volume. Data indicates a consistent rise in activity, with Solana NFTs seeing over $200 million in trades each month from December to February.</p>
<p style="text-align: justify">In a strategic move to attract serious investors, Tensor, which likens itself to <a href="https://en.bitcoinhaber.net/ethereums-market-dynamics-analyzing-ath-in-options-and-futures-sentiments" rel="noopener noreferrer nofollow">Ethereum</a>‘s Blur marketplace, secured $3 million in seed funding. The round was spearheaded by Placeholder VC, with significant backing from Solana Ventures and Solana’s co-founders, highlighting Tensor’s growing prominence in the market.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/tensor-ignites-solana-nft-marketplace-with-new-governance-token-and-surge-in-trade-volume" rel="noopener noreferrer nofollow">Tensor Ignites Solana NFT Marketplace with New Governance Token and Surge in Trade Volume</a></h5>

Tensor Ignites Solana NFT Marketplace with New Governance Token and Surge in Trade Volume

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