$TAO Price Surges 20%, Sets Sights on $1,000 All-Time High
Bittensor's price has surged nearly 20% in recent days, reaching $320 and sparking speculation about its potential to break through to a new all-time high of $1,000.
The sudden increase has pushed the token toward a major resistance band in the $350-$360 area, which has previously capped several attempts at recovery. With Bittensor's supply curve tightening due to its programmed emission reductions, the network is poised for sustained growth in subnet usage and customer revenue.
Bittensor's subnet economy appears to be gaining traction, with an estimated $28 million-$35 million in annualized external revenue from services such as GPU compute and AI inference. Institutional access to Bittensor has also expanded through structured investment products, including Grayscale's Bittensor Trust.