- Bittensor’s price continued rising despite a broad decline across the cryptocurrency market.
- TAO climbed more than 12% amid catalysts such as Grayscale’s Bittensor Trust news.
- Bullish traders may target USD 715 and then the psychological USD 1,000 level.
Bittensor (TAO) has gained over 12% in the past 24 hours, placing it among today’s top-performing cryptocurrencies, with TAO trading near USD 475 as it bucks the trend seen across many altcoins.
While the rally coincided with a rebound in decentralized AI protocols, what other factors helped push Bittensor’s price higher?
Why did Bittensor’s price rise today?
TAO’s strong gains closely align with the recent launch of a liquid staking token, which improves staking efficiency and liquidity across the Bittensor ecosystem.
Liquid staking lets holders earn rewards on TAO without locking their assets, enabling participation in DeFi activities such as lending or yield farming while maintaining exposure to staked positions.
Platforms like Tensorplex have facilitated this by bridging TAO to Ethereum and Base networks and issuing stTAO tokens that represent staked positions.
On October 13, 2025, Tao.app announced the launch of Virtual TAO (vTAO), an omnichain liquid-staked TAO token powered by LayerZero.
Holders can bridge vTAO to any chain compatible with the Ethereum Virtual Machine.
vTAO is already available on Base, Ethereum and Arbitrum, with a Solana release planned soon.
Another price catalyst for TAO was the momentum generated by Grayscale’s Bittensor-related filings.
On October 12, Grayscale filed a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for a Grayscale Bittensor Trust ($TAO).
That filing represents the initial procedural step toward converting the trust into a fully reporting SEC company under Section 12(g) of the Securities Exchange Act of 1934.
TAO’s price rallied amid speculation that this move could accelerate the potential launch of a Bittensor exchange-traded product.
TAO price outlook
Despite a plunge to USD 224 on October 11 during a market-wide sell-off, Bittensor has regained momentum thanks to the catalysts above.
After rebounding toward USD 475, TAO’s technical outlook suggests a possible continuation of the upward trend.
Key daily chart indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) favor the bulls.
TAO price chart from TradingView
The daily RSI has climbed to around 71, entering overbought territory but not appearing excessively stretched.
That suggests sustained buying pressure and investor conviction, implying TAO could continue higher before any meaningful profit-taking occurs.
Meanwhile, the MACD recently produced a bullish crossover, with the histogram expanding in a way that signals further gains may be forthcoming.
Short-term projections include a fresh year-to-date high above USD 500, with bulls likely aiming for the December 2024 high above USD 715.
A major psychological target for buyers remains USD 1,000.
However, risks persist: a broader market correction could allow bears to test support below the USD 300–360 range.
Key downside levels to watch are USD 225 and then USD 180.