💡Tensor $TNSR
TNSR is the native currency of the Tensor network, which is the largest platform for buying and selling NFTs on the Solana network. Launched in July 2022, it gained widespread adoption among professional traders due to its fast interface and advanced analytical tools.
🚀 Features and Uses:
🔧 DAO Governance: You can vote on protocol improvement proposals via Realms on Solana – it requires 10 million TNSR to pass each proposal.
💸 Trading Discounts: Using TNSR gives you a 25% discount on protocol fees.
📈 Advanced NFT Tools: Such as AMM (Automated Market Maker), Price Lock, and advanced market analysis interfaces.
🏦 Strong Funding: The project raised $3 million in funding led by Placeholder, with participation from Solana Ventures and the founders of Solana $SOL .
📉 Price Performance:
Peak Price: ~2.23 USD (April 2024), a decrease of about 93% from the all-time high.
Lowest Price: ~0.1087 USD (April 2025).
Weekly Performance: Up ~16.5%, outperforming the cryptocurrency market and NFT competitors.
Current Price: ~0.12 – 0.17 USD (fluctuates by platform).
🌐 How is TNSR used in the Tensor network?
🌐 Trading on the platform: Advanced traders use it as a token for order accounts and live image features.
🏛️ Treasury Financing: Half of the protocol fees go directly to the TNSR treasury for reinvestment in the system.
👥 Strong Community: The number of token holders is nearly 24,000, indicating an active user base.
