Crypto
Bittensor Surges 12.2% on Cross-Chain Expansion and Futures Growth
Bittensor (TAO) has surged 12.21% in price after expanding its ecosystem onto Robinhood Chain via Chainlink's Cross-Chain Interoperability Protocol (CCIP), driving increased market activity and demand.
The move is supported by a strong bullish technical structure, with TAO's price firmly above major moving averages, indicating a strong upward trend across short-, medium-, and long-term time frames.
TAO futures open interest has climbed above $433 million, while daily trading volume has risen over 200% from the 30-day average, driven in part by a meme coin launch on Solana that directly interacts with TAO tokens.