Solana NFT market Tensor plans to launch its long-awaited TNSR token subsequent week, and main American cryptocurrency trade Coinbase mentioned Friday that it plans on itemizing the incoming Solana-based token.
Belongings added to the roadmap at the moment: Tensor (TNSR)https://t.co/rRB9d3hSr2
— Coinbase Belongings 🛡️📞 (@CoinbaseAssets) April 5, 2024
Whereas Coinbase didn’t specify when the TNSR token could be listed, the digital asset is scheduled to launch on April 8. The TNSR launch will coincide with the tip of season 3 of Tensor’s rewards program and the beginning of season 4 buying and selling incentives.
Members within the referral program, the Tensor Basis mentioned on Twitter, will obtain “treasure bins” that can comprise TNSR tokens. Based on the Tensor Basis, all treasure bins from the preliminary three seasons of this system will likely be viewable and might be opened on April 8.
All Treasure Packing containers, together with from Seasons 1, 2 and three will likely be viewable & openable on April eighth.
An official announcement will likely be posted on the eighth. pic.twitter.com/TmwayUMqdq
— Tensor Basis (@TensorFdn) April 2, 2024
“Tensorians have been instrumental to Tensor protocol development thus far. As such, a further 1% of $TNSR provide will likely be claimable by Tensorians that stay staked till the declare date,” Tensor Basis mentioned on Twitter, including that this claimable provide is along with any allocation earned via factors.
Tensor has essentially the most lively wallets of any Solana NFT market, in response to information from Tiexo, with about 345,000 distinctive wallets over the past 30 days. That’s greater than double the tally of rival Magic Eden—however Magic Eden has taken a commanding lead not too long ago by way of buying and selling quantity, with practically 60% market share within the final 30 days in comparison with 35% for Tensor.
Coinbase has not too long ago ramped up its itemizing of Solana tokens. In December, Coinbase listed the wildly widespread Bonk (BONK) Solana meme cash. The Bonk and TNSR listings adopted Coinbase itemizing different Solana-based tokens, Bonfida (FIDA) and Orca (ORCA).
On Coinbase’s roadmap of upcoming Solana-based token listings are Shadow Token (SHDW) and Neon EVM (NEON).
Belongings added to the roadmap at the moment: Shadow Token (SHDW) and Neon EVM (NEON) https://t.co/rRB9d3hSr2
— Coinbase Belongings 🛡️📞 (@CoinbaseAssets) March 27, 2024
On Wednesday, cross-bridge protocol Wormhole (W) opened an airdrop marketing campaign for greater than 400,000 wallets throughout Solana and different chains. Coinbase introduced the trade would even be including assist for Wormhole perpetual futures on Coinbase Worldwide Trade and Coinbase Superior.
“Our objective is to listing each asset doable that meets our requirements for authorized, compliance, and technical safety. These requirements don’t keep in mind the market cap or recognition of a challenge,” Coinbase mentioned in a weblog put up shared with the TNSR announcement.
Edited by Ryan Ozawa.
