Tensor Token's Exchange Listing Boosts Solana's TVL

Tensor, a major NFT marketplace on Solana, had its newly launched token listed on major exchanges. Here’s a look at how it impacted Solana.-based NFT marketplace’s token listing on major exchanges has generated significant excitement within the Solana network. However, whether this buzz has translated into increased volume for SOL would require analyzing trading data from Solana’s ecosystem and monitoring market activity following the listing..

However, there has been an increase in Total Value Locked recently. While this increase may not be directly attributed solely to the latest development, it has coincided with it. Currently, the TVL sits at over $4.6 billion, close to its all-time high of over $4.8 billion., Solana ranked third in NFT sales volume in the last seven days. Analysis of the data revealed that the sales volume during this period exceeded $40.5 million.

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