TNSR Jumps 80% Despite Crypto Slump, Sparking Concerns Over Centralization
- TNSR surged 80% in 24 hours amid broader crypto market declines, driven by Tensor Foundation's acquisition of its NFT marketplace and token supply adjustments. - The deal included burning 21.6% unvested tokens, relocking founders' tokens, and centralizing 100% marketplace fees to boost treasury and governance alignment. - Analysts highlight mixed reactions: while structural changes boosted investor confidence, low NFT trading volume and governance centralization raise sustainability concerns. - TNSR's 40
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
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
The market response has been varied. Although the token’s value
The acquisition has also led to more centralized governance,
Despite the positive sentiment,
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
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cardano News Update: Frustrated Operator Uses AI to Disrupt Cardano Blockchain, Prompting Urgent Repairs
- Cardano (ADA) faced a chain split from a "premeditated attack" exploiting a 2022 ledger bug, forcing an emergency network upgrade. - A user submitted a malformed delegation transaction bypassing validation checks, creating competing "poisoned" and "healthy" chains. - ADA's price dropped 6% during the incident, with $91M in short leverage, as developers patched the bug and restored consensus. - The attacker, identified as "Homer J.", apologized for using AI-generated commands, while experts highlighted Ca

Solana Updates Today: Sunrise: Solana's Gateway to Online Capital Markets
- Wormhole Labs launches Sunrise, a Solana liquidity gateway enabling direct onboarding of external assets like Monad's MON token via NTT framework. - The platform unifies liquidity across Solana DEXs and block explorers, addressing fragmented bridging challenges through native token transfers. - By designating Sunrise as Monad's primary entry point, Wormhole aims to capture early trading flows and expand support to tokenized commodities and RWAs. - This initiative strengthens Solana's DeFi infrastructure,

Zcash News Today: Institutions Place Their Bets on Zcash’s Quantum Security While Bitcoin Falls Behind
- Zcash developers prioritize quantum-resistant upgrades via modular design, outpacing Bitcoin's slower response to post-quantum threats. - Electric Coin Company integrates NIST-standard algorithms like CRYSTALS-Dilithium, with quantum recoverability protocols nearing completion for 2025 deployment. - Institutional $18M ZEC purchase and 125% price surge highlight market confidence in Zcash's shielded pools and proactive quantum resilience strategy. - Bitcoin lacks concrete post-quantum roadmap despite Vita

Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana
- Sunrise, a new platform by Wormhole Labs, streamlines cross-chain token onboarding for Solana via unified gateway. - Launched alongside Monad’s MON token, it addresses Solana’s fragmented liquidity and complex integration challenges. - Using Wormhole’s NTT infrastructure, it ensures fungibility and enables immediate trading on Solana DEXs like Jupiter. - The platform aims to attract investors and expand to tokenized commodities and stocks, bridging traditional finance with blockchain.
