- The Bittensor price rose despite a broader crash in the crypto market.
- TAO gained more than 12%, driven by catalysts such as Grayscale’s announcement regarding a Bittensor trust.
- Bulls could target $715 and then the psychological $1,000 level.
Bittensor (TAO) climbed more than 12% in the past 24 hours and ranks among today’s top performers, trading up to $475 as it bucks the trend seen across many altcoins.
While the rally coincided with renewed interest in decentralized AI protocols, other factors helped push the Bittensor price higher.
Why did the Bittensor price rise today?
TAO’s strong gains are closely linked to the recent rollout of a liquid staked TAO token, which improves staking efficiency and liquidity across the Bittensor ecosystem.
Liquid staking allows holders to earn rewards on their TAO without locking assets, enabling participation in DeFi use cases like lending and yield farming while maintaining exposure to the underlying token.
Platforms such as Tensorplex have facilitated this by bridging TAO to Ethereum- and Base-compatible networks and issuing stTAO tokens that represent staked positions.
On October 13, 2025, the Tao.app announced the launch of Virtual TAO (vTAO), a new omnichain liquid-staking TAO token powered by LayerZero.
Users can bridge vTAO from Bittensor to any Ethereum Virtual Machine-compatible chain.
The token is already available on Base, Ethereum and Arbitrum, with Solana support expected to go live soon.
Another key catalyst for TAO’s price appreciation was the momentum following Grayscale’s filing related to Bittensor.
The firm filed a Form 10 registration statement for a Grayscale Bittensor Trust ($TAO) with the U.S. Securities and Exchange Commission (SEC) on October 12.
This filing is the first step toward converting the trust into an SEC-reporting company under Section 12(g) of the Securities Exchange Act of 1934.
Markets priced in the possibility that this move could accelerate the path toward a potential exchange-traded product tied to Bittensor, supporting further investor interest.
TAO price outlook
Despite plunging to a low of $224 on October 11 amid a wider crypto downturn, Bittensor has rallied strongly thanks to the catalysts noted above.
After rebounding to $475, TAO’s technical outlook suggests additional upside may be possible.
On the daily chart, key 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 risen to the low 70s, entering overbought territory but not yet at extreme levels.
This typically indicates strong buying momentum and investor conviction, suggesting TAO could extend gains before any profit-taking occurs.
The MACD also recently completed a bullish crossover, and an expanding histogram points to increasing upward pressure.
Near-term projections include a push to a new yearly high above $500, with bulls potentially targeting highs above $715 later in the year.
The $1,000 level remains a significant psychological target for buyers.
However, risks remain: a broader market correction could allow bears to retest support below the $300–$360 zone.
Key downside levels to watch are $225 and then $180.