Tensor (TNSR) has experienced a remarkable rise of more than 80% over the past day, currently trading at $0.1838, making it one of the most notable movers in the cryptocurrency space. This token, which powers the Tensor NFT marketplace on Solana, has soared 342% in the past week,fueled by a major acquisition and changes to its tokenomics. This impressive climb comes even as the overall crypto market has declined,
with the sector losing 6.3% during the same timeframe.
The main driver behind TNSR’s surge was the Tensor Foundation’s official purchase of both the Tensor Marketplace and the Tensorians NFT collection from Tensor Labs
as reported. The agreement involves burning 21.6% of unvested TNSR tokens and locking up the founders’ vested tokens for another three years, which decreases the available supply and aligns incentives for the long term. The Foundation now receives all marketplace fees,up from the previous 50% share, directly boosting the TNSR treasury. This change has strengthened investor trust, as all fees now contribute to community governance and protocol advancement.
The market response has been varied. Although the token’s value peaked at $0.3406 on November 20, it has since dropped by 5.77% in the last day according to recent figures. Blockchain data shows that a single wallet strategically accumulated 16.55 million TNSR at an average price of $0.0823, indicating possible coordinated buying before the price jump. Still, some analysts warn that the rally is not supported by broader ecosystem activity,as trading volume on Tensor’s NFT platform has dropped to $20,000 per day, with only 3,000 trades recorded as of November 17.
The acquisition has also led to more centralized governance, giving TNSR holders complete voting authority over the treasury and protocol management. The Tensor Foundation has stressed continuity, keeping key members like @0xrwu and @ilmoi on the Security Council to oversee development. While this aims to make decision-making more efficient, it also raises concerns about centralization in a sector where transparent governance is vital.
Despite the positive sentiment,the rally is widely seen as speculative. The absence of new platform features or partnerships since the acquisition has made some investors cautious. Furthermore, the broader Solana NFT market has mirrored Tensor’s decline,with trading volumes falling across the sector. Observers are now watching to see if this price movement reflects a genuine reassessment of Tensor’s value or is merely a short-lived speculative spike.
The Tensor Foundation’s recent acquisition highlights a growing pattern of governance centralization in DeFi, where burning tokens and controlling the treasury are used to help stabilize token prices according to analysts. However, with TNSR currently trading at a 400% premium compared to its March 2025 price, there is still a risk of correction based on market data. As the Foundation works to merge the marketplace with the Tensor Protocol, attention will turn to whether these changes can support sustainable growth in a challenging market.
