Solana NFT Market Tensor Overtakes Magic Eden In Trading Volume For The First Time
According to Flipside, on April 26, the Solana NFT Tensor market overtook Magic Eden for the first time in terms of single-day trading volume, accounting for approximately 51% of the daily trading volume of the Solana NFT market. Since announcing the funding in early March and adopting the same strategy as Blur, Tensor’s transaction volume and active users have increased significantly. In April, cumulative active users reached 20,000, a new high.
Tensor is an NFT marketplace built on the Solana blockchain (just like Blur on Ethereum), and Tensor’s first season, which kicked off September 22, 2022, ended a month and a half ago. The second season has begun as of March 6, 2023. Tensor organizes airdrops that will reward you when you meet certain conditions to incentivize users. This season, they will reward users with new rewards, which will increase activity. Less than two weeks since Season 2 started, and Tensor is already Solana’s 2nd largest NFT marketplace (after Magic Eden). In this analysis, you will be able to observe the evolution of Tensor from all angles. Based on the number of points, the user will receive “secret boxes”. The reward will also be equivalent to the “rarity” of the box.
Source
@Facebook_Metaverse_Nfts
