Coinbase Announces Listing of Tensor on Its Platform

Coinbase, announced on April 5 via social media platform X and its official blog that it will list Tensor (TNSR). Serving as an NFT marketplace within the Solana ecosystem, Tensor has recently been in the spotlight, particularly for the Wormhole and Backpack Exchange airdrop events. Here are the details on the subject.

Coinbase’s Strategic Move with Tensor

The United States-based cryptocurrency exchange Coinbase has announced the addition of Tensor, a significant NFT marketplace within the Solana ecosystem, to its listing roadmap. The Tensor team made the initial announcement via X on March 13, and they had taken the first step towards their initial airdrop event in the previous weeks.

The Tensor team is expected to reward users based on both the upcoming April 8 airdrop event and criteria related to past NFT activities. In addition, users will receive TNSR distributions in an airdrop event conducted by the Backpack team based on transaction volume. These developments within the Solana ecosystem are providing a significant momentum opportunity for the entire ecosystem, especially the price of Solana.