- Bittensor price continues to climb despite a broader crypto market pullback
- TAO rose more than 12% amid catalysts like Grayscale’s Bittensor Trust filing
- Bull case targets $715 and then the psychological $1,000 level
Bittensor (TAO) jumped more than 12% over the past 24 hours, ranking it among today’s top-performing digital assets. TAO traded as high as $475, bucking the direction of many altcoins. The rally coincides with renewed interest in decentralized AI protocols, but several other developments have also contributed to the price surge.
Why is Bittensor rising today?
TAO’s strong gains align with recent launches that improved token liquidity and staking flexibility within the Bittensor ecosystem. New liquid staking mechanisms have made it easier for holders to earn rewards without locking assets, while preserving the ability to participate in DeFi activities like lending and yield farming.
Services such as Tensorplex have facilitated these improvements by bridging TAO to Ethereum-compatible networks and issuing staked representations like stTAO that reflect users’ staked positions.
On October 13, 2025, the Tao App announced the launch of Virtual TAO (vTAO), an omnichain liquid-staked TAO token powered by LayerZero. vTAO can be bridged from Bittensor to Ethereum Virtual Machine (EVM)-compatible chains, increasing composability and cross-chain utility.
The token is already available on Base, Ethereum, and Arbitrum, with a Solana deployment planned soon. Greater chain distribution and interoperable staking options have likely helped increase demand and reduce friction for new users and DeFi integrations.
Another important catalyst was news linked to Grayscale. On October 12, Grayscale filed a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Grayscale Bittensor Trust (TAO). That filing marks the initial step toward converting the trust into a fully reporting SEC entity under Section 12(g) of the Securities Exchange Act of 1934.
Speculation that this regulatory milestone could accelerate a path toward an exchange-traded product tied to TAO contributed to bullish investor sentiment and helped lift the token’s price.
TAO price outlook
Despite briefly touching a low of $224 on October 11 amid a broader crypto sell-off, Bittensor has rebounded strongly on the catalysts described above. After the bounce to $475, daily technicals suggest the uptrend may continue.
Key daily indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) currently favor buyers. The daily RSI climbed to about 71, entering overbought territory but not yet at extreme levels, which signals robust buying momentum and investor confidence. That condition suggests TAO could push higher before a meaningful profit-taking retracement.
Meanwhile, the MACD recently produced a bullish cross, and the MACD histogram has expanded, reinforcing the case for further upside.
Short-term forecasts point to a potential new yearly high above $500. In a bullish scenario, market participants will watch the previous December 2024 peak near $715 as a significant target. Beyond that, $1,000 remains a key psychological milestone for buyers.
However, risks remain. A broad market correction could lead to a deeper pullback, and a bearish turn might retest support in the $300–$360 zone. Critical longer-term support levels sit near $225 and $180; breaches of those areas would increase downside vulnerability.
In summary, recent product launches that enhance liquidity and staking flexibility, along with regulatory-driven interest from custodians like Grayscale, have helped power TAO’s rally. Technical momentum supports further gains in the near term, while investors should monitor key support levels and the broader crypto market for signs of renewed volatility.