Tensor is the leading NFT marketplace on Solana: 60-70% of Solana NFT volume flows through on Tensor's marketplace protocols every single day. Tensor launched in July 2022 and gained momentum for offering a fast & pro NFT trading experience on Solana. It quickly rose to the #1 NFT marketplace spot in less than a year. Since then, the vast majority of Solana NFT collectors and traders use Tensor as their daily NFT marketplace as it offers the widest coverage of the newest NFT projects on Solana.
Tensor Price Analysis
As of October 11 2024 Tensor has a marketcap of $39M.
This is {{percentagefromath}} from its all time high of $2.23.
In terms of its tokenomics, there's a total supply of 1B with 13% currently outstanding.
Keep in mind Tensor has a fully diluted value of $315M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
