Tensor is a new project that has attracted great attention in the cryptocurrency world and was recently listed on major exchanges such as Binance and Coinbase. Tensor, which stands out as an NFT marketplace running on the Solana network, offers many innovative features for both creators and professional investors. TNSR, the native token of the Tensor platform, plays an important role in the processes and governance of the platform. As Kriptokoin.com, in this article, we will examine how Tensor works, what is TNSR Coin and its future price claims.
Tensor: A New Platform for NFT Investors
Tensor is an NFT marketplace founded in 2022 by Ilja Moisejevs and Richard Wu. Working on the Solana network, it offers users the opportunity to buy, sell and trade NFTs. The difference between Tensor and other NFT platforms is that it focuses specifically on investors. It enables traders to optimize their strategies by offering deep liquidity, real-time updates and advanced trading functions. In addition, Tensor offers creators the opportunity to manage their collections, mint, and make naming and description updates.
Tensor differentiates itself from its competitors by offering its users a personalized trading experience. The platform allows investors to customize their trading environment according to their preferences. It offers users many different features, from slip point settings to copyright preference, allowing them to adapt their investment strategies with maximum efficiency. These features help investors identify rare and low-priced NFTs.
What is TNSR Coin?
Located at the heart of the Tensor ecosystem, TNSR coin functions similar to governance tokens frequently seen in decentralized finance (DeFi) protocols. TNSR holders have the power to vote on the operations and future developments of the platform. Additionally, TNSR holders have control over the basic parameters of the Tensor protocol and can benefit from price discounts when trading. In this way, TNSR plays a critical role in both the governance of the platform and its economic incentives.
TNSR token plays an important role in various areas of the platform. It allows the community to have a say in the direction and growth of the platform by offering benefits such as governance rights, discounts on transaction prices, and incentives. Tensor aims to increase community participation by creating an ecosystem where users can make proposals and vote on the future of the platform.
Tensor’s Growth and Prominent Investors
Tensor is backed by leading organizations including Placeholder VC, Solana Ventures, and Solana founders Toly and Raj. This foundation has helped Tensor grow rapidly and become the largest NFT marketplace on Solana. Tensor accounts for 60-70% of daily Solana NFT trading volume. This growth has also enabled TNSR coin to gain value. Especially with its listing on major exchanges such as Binance and Coinbase in April, the price of TNSR coin increased rapidly and attracted the attention of investors.
Tensor has rapidly expanded its user base by providing a fast and professional environment for NFT trading. The platform’s user-friendly interface and advanced trading tools attract both experienced traders and beginners. This growth will contribute to Tensor attracting more investments in the future and increasing the price of the TNSR coin.
TNSR Coin Price Prediction
Currently, TNSR coin is trading at $0.5798. Price predictions based on market conditions predict that TNSR coin can reach a minimum of $1.12 and a maximum of $1.31 in 2024. These claims indicate that the value of TNSR coin will increase as Tensor’s user base and functionality increases.
Price assumptions for 2025 show that TNSR coin may trade between $1.05 and $5.01. In the long term, it is claimed that the price of TNSR coin could range between $2.69 and $4.35 by 2030. The price of TNSR coin will increase directly proportional to the growth and adoption of the Tensor platform.