Tensor has flipped Magic Eden to become the #1 marketplace on Solana, at least in 24-hour trading volume. Tensor’s growth this year has been absolutely phenomenal.

A large part of the recent volume comes from the Mad Lads collection, which Tensor is running a promotion with (fees earned from Mad Lads NFT trading on Tensor are used to buy up NFTs and raffle off to Tensor traders). So it still remains to be seen if this lead over Magic Eden will be sustained.

FYI we’ve been bullish on Tensor for a while now, and we covered Tensor in our Solana NFT marketplaces report a few months ago. It’s a wonderful product and in my opinion, the best place to trade NFTs on Solana right now.