⇑ TAO Coin: Bittensor's Halving and Increasing Institutional Adoption Fuelling Price Surge

Bittensor's native token, TAO, has been making waves in the crypto space. This is attributed to the project's first ever halving and increased institutional adoption. Analysts predict that TAO could hit $400 this January, and there are bullish indications that TAO might reach $1,000 in the near future. The coin has already seen a dramatic price surge of 220%. Several prominent crypto firms, such as Bitwise and Grayscale, have shown interest in integrating TAO into their portfolios by applying for the launch of TAO-based ETFs.

Interest among small-cap players has also been reported, hinting at a potential recovery in AI token performance. TAO has become attractive to investors due to the expected supply shortage caused by Bittensor's first halving. Furthermore, TAO's value rose significantly after the launch of Europe's first staked TAO ETP, which, combined with a possible institutional bet on decentralized AI, could draw in further investors.

The Subnet expansion of the Bittensor ecosystem and subsequent institutional access have added to the positive traction around TAO. One of the major developments here is Grayscale's listing of the Bittensor ETP in the U.S., marking the first institutional bet on decentralized AI. Concurrently, a collaboration between Deutsche Digital Assets and Safello is set to list staked Bittensor ETP on the SIX Swiss Exchange. Notable is the $10M purchase of Bittensor token by TAO Synergies, adding more liquidity to TAO's market.

TAO Coin News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Mon, 12 Jan 2026 08:00:00 GMT - Rating 8 - Innovation 8 - Information 7 - Rumor -2