- The price of Bittensor continued higher despite a broad market sell-off in cryptocurrencies.
- TAO rose more than 12% amid catalysts such as Grayscale’s Bittensor Trust filing.
- Bulls could target $715 and then the psychologically important $1,000 level.
Bittensor (TAO) climbed over 12% in the past 24 hours, ranking among today’s top market performers as TAO traded up to $475, bucking the downward trend that affected many altcoins.
While the rally coincided with a rebound in decentralized AI protocols, what other factors helped lift Bittensor’s price?
Why is Bittensor’s price higher today?
TAO’s strong gains closely align with the recent launch of a liquid staking token for TAO, which improves staking efficiency and liquidity across the Bittensor ecosystem.
Liquid staking lets holders earn rewards on their TAO without locking assets, enabling participation in DeFi activities such as lending or yield farming.
Platforms like Tensorplex facilitated this by bridging TAO to Ethereum- and Base-compatible networks and issuing stTAO tokens that represent staked positions.
On October 13, 2025, the Tao.app announced the launch of Virtual TAO (vTAO), a new omni-chain liquid-staked TAO token powered by LayerZero.
Users can bridge vTAO from Bittensor to any chain compatible with the Ethereum Virtual Machine.
The token is available on Base, Ethereum and Arbitrum, with a Solana launch planned soon.
Another catalyst for TAO’s price gains was the market reaction to a filing related to Bittensor by Grayscale.
On October 12, Grayscale submitted a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Grayscale Bittensor Trust ($TAO).
This filing represents an initial step toward converting the trust into a fully reporting SEC entity under Section 12(g) of the Securities Exchange Act of 1934.
TAO’s price surged amid speculation that the move could accelerate the potential launch of a Bittensor exchange-traded fund or other regulated product.
TAO price outlook
Despite falling to a low of $224 on October 11 during a broader crypto market sell-off, Bittensor has recovered significantly thanks to the catalysts noted above.
After rebounding toward $475, the technical outlook for TAO points to potential further upside.
Key daily indicators, including the relative strength index (RSI) and moving average convergence divergence (MACD), currently favor the bulls.
Price chartTAO from TradingView
Although the daily RSI climbed to 71, entering overbought territory, it is not excessively extended.
That suggests sustained buying momentum and investor conviction, and TAO could rise further before succumbing to profit-taking.
The MACD also recently produced a bullish crossover.
Its expanding histogram signals the prospect of additional gains.
Near-term forecasts for TAO include a move to a new yearly high above $500, with bulls eyeing a peak above $715 later this year.
The $1,000 level remains a key longer-term target for buyers.
However, broader market pullbacks could allow bears to probe levels below the $300–$360 support zone.
Critical downside levels to watch are $225 and then $180.