Current sentiment: Bearish — $TNSR has been pressured by a slowdown in Solana ecosystem activity, which is reducing demand for its NFT marketplace.

Technicals: The RSI is near oversold levels, but the price remains under key moving averages.

Price forecast: According to CoinCodex, TNSR could drop further to around $0.032 by the end of 2025 under current conditions.

Fundamental drivers:

Solana decline risk: Fewer active addresses on Solana hurt Tensor’s core business.

Token unlocks: Large portions of TNSR supply unlocked recently, which may put selling pressure on the token.

NFT dominance: Despite the headwinds, Tensor still holds a strong share (60–70%) of Solana’s NFT volume.

Outlook: Short-term risk remains high. Recovery would likely require a rebound in Solana’s network usage and increased NFT activity.

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