Tensor, the Solana-based NFT marketplace, introduces their own governance token called TNSR. This information was recently passed by the foundation through a post shared on X platform.

The numbers show that Tensor outpaced other platforms in volume terms with a whopping $2 billion worth of Solana NFTs swapped for its users. This marks a substantial uplift from the $7 million figure which was reported.

Furthermore, NFT (Non-Fungible Token) future applications can be empowered through making FinNFT token holders benefit from extensive industry use. The platform provided around 70% of all NFT trades done on the Solana network for the last quarter,without taking into account the wash trade.

According to data analysis reported by Cryptoscam,the popularity of Solana NFTs is seeing continuous growth and the volume for the month of December 2023 just surpassed $200 million.A year ago, the startup gained $3 million in investments that it intends to invest in the development of itself as a private marketplace for the Solana NFTs.

Also read: Core Scientific Reports Q4 2023 and Fiscal Year Results