Fundamental analysis of the Tensor project | Leading NFT Marketplace on Solana (01/2024 - 07/2025)
(Data updated until 07/2025 and only provides basic information about the project to facilitate easy fundamental assessment – Not investment advice)

🔥 Overview
Tensor (@tensor_hq, @tensorfdn) is the leading NFT marketplace on Solana, notable for its fast speed, low fees, and trader-centric interface. Dubbed the 'Blur of Solana', Tensor uses AMM (Automated Market Maker) to support efficient buying, selling, and creating NFT collections. From 01/2024 to 07/2025, Tensor accounted for over 70% of NFT trading volume on Solana, while launching the SocialFi application Vector, expanding into memecoin trading. 💥

🕒 Key milestones
- Q1/2024: Launch of Tensor AMM, supporting NFT liquidity pools and instant trading.
- 04/2024: Integration with Magic Eden, enhancing NFT discovery.
- 10/2024: Airdrop of $TNSR for users of the Tensor Points System and MadLads snapshot.
- 01/2025: Launch of Vector, the SocialFi application for memecoin trading, achieving annual revenue of $90 million.
- 07/2025: Announcement of a bug bounty with a reward of $1 million, enhancing security.

🤝 Strategic partnerships
Tensor collaborates with major projects and funds:
- Magic Eden (@MagicEden): Integration to boost NFT discovery and trading.
- MadLads (@MadLads): Supporting airdrops and snapshots, attracting the NFT community.
- Solana (@solana): Built on Solana, leveraging speed and low fees.
- Jupiter (@JupiterExchange): Cross-chain liquidity integration.
- Placeholder VC, Solana Ventures: Reputable backers, providing financial and strategic support. 💼

💰 Tokenomics & Current Price
- Tokenomics: $TNSR (total supply 1 billion, circulating ~334.61 million) used for governance, staking, and transaction fees. The Tensor Points System rewards $TNSR based on trading and staking. Airdrop accounts for 12.5% of total supply, focusing on the community.
- Price (07/2025): $TNSR at $0.1547, 24h trading volume ~**$6.06 million** (CoinGecko). Price increased by 1.5% in 24h, 2.2% in 7 days. All-time high (ATH) $2.23 (08/04/2024), currently down ~93%. All-time low (ATL) $0.09374 (23/06/2025). Check CoinMarketCap/CoinGecko for real-time updates! 📈

🛠️ Products & Technology
- Tensor AMM: Automated market maker for NFTs, supporting liquidity pools and instant trading.
- Tensor Pro: Professional trading interface, supporting sniping and bulk buying of NFTs.
- Vector: SocialFi application for memecoin trading, integrating crypto wallets, allowing transaction sharing.
- Unified Wallet Kit: Open-source tool, integrating Solana wallets, improving user experience.
- Tensorians NFT: Exclusive NFT collection, offering staking and airdrop benefits. 🔧

💼 Business Model & Profit
- Business model: Tensor operates an NFT marketplace model combined with SocialFi. On Tensor AMM, users create liquidity pools, buy/sell NFTs with transaction fees of 0.5-1%. Vector, the SocialFi application, allows memecoin trading with a 1% fee, integrating social media for transaction sharing, targeting a memecoin market 1000x larger than NFTs. 50% of revenues from Vector are allocated to the $TNSR treasury for airdrops and grants, with the remaining 50% going to Tensor Labs.
- Profit: Tensor generates revenue from NFT transaction fees (~$9 million/year, according to NFT Pulse) and Vector (~$90 million annual revenue from 1% fees, according to Blockworks). Total estimated annual revenue is ~99 million USD, with Vector being the dominant contributor. The $TNSR treasury can be used to buy back and burn tokens, increasing long-term value.

🗣️ Opinions from Famous KOLs
- @KriptoVanga: 'Tensor is the Blur of Solana, the fastest and trader-centric. $TNSR could lead if the NFT hype returns.'
- @NFTWhaleWatch: 'Tensor accounts for 70% of NFT volume on Solana, with great potential in a bull run.'
- @SolanaInsider: 'Vector is a smart move, expanding into memecoins, $TNSR is noteworthy.'
⚠️ Some KOLs express concern about competition and the significant drop in $TNSR price, but the community is optimistic about Vector. 🌟

🛤️ Future Roadmap
- Q3-Q4 2025: Launch of Tensor v2, improving AMM, integrating Ethereum, Polygon. Public launch of Vector.
- 2026: Increase decentralized governance, expand into GameFi and RWA NFTs.
- Long term: Lead the NFT and SocialFi market, leveraging Solana and memecoin hype. 🚀

✅ Opportunities
- Potential market: Tensor leads NFTs on Solana; Vector targets memecoins (market ~1000x NFTs).
- Strong ecosystem: Collaborations with @MagicEden, @MadLads, @solana enhance scalability.
- Active community: 1.07 million Discord members, 700K on X, Tensor Points attract users. 💸

⚠️ Challenges
- Competition: @MagicEden, @OpenSea in NFTs; @pumpdotfun in memecoins.
- Price volatility: $TNSR down ~93% from peak, needs to recover to maintain confidence.
- Market risks: NFT and memecoin sentiment affect volume and $TNSR price. 🛑

📝 Conclusion
Tensor (@tensor_hq, @tensorfdn) dominates NFTs on Solana with AMM and Tensor Pro while expanding into memecoins through Vector, generating impressive revenue. With support from @MagicEden, @MadLads, @solana, Tensor has the potential to lead NFTs and SocialFi. Do you think $TNSR will break out thanks to Vector? Have you joined Tensor Points or are you waiting for a dip? Comment now to discuss! 🗣️

References:
- CoinMarketCap
- CoinGecko
- Tensor
- Blogtienao
- Blockworks
- Solana

#Tensor #tnsr #nft #Solana #Web3