- Bittensor’s price continued to rise despite the broader crypto market downturn.
- TAO gained more than 12% on the back of catalysts such as Grayscale’s Bittensor Trust news.
- Bulls could target $715 and then the psychological $1,000 level.
Bittensor (TAO) climbed more than 12% over the past 24 hours, ranking among today’s top performers. TAO traded as high as $475, bucking the trend of most altcoins.
While the rally coincided with renewed interest in decentralized AI protocols, what else helped push Bittensor higher?
Why did Bittensor’s price rise today?
TAO’s impressive gains closely followed the launch of a liquid-staked TAO token designed to improve staking efficiency and liquidity across the Bittensor ecosystem.
Liquid staking lets holders earn rewards on their TAO without locking assets, enabling participation in DeFi activities such as lending or yield farming.
Platforms like Tensorplex have facilitated interoperability by connecting TAO to Ethereum and Base networks and issuing stTAO tokens that represent staked positions.
On October 13, 2025, Tao.App announced the launch of Virtual TAO (vTAO), a new omnichain liquid-staked TAO token powered by LayerZero.
Users can link vTAO from Bittensor to any chain compatible with the Ethereum Virtual Machine.
The token is available on Base, Ethereum and Arbitrum, and is expected to become available on Solana soon.
Another catalyst for TAO’s price surge was the momentum following Grayscale-related Bittensor news.
Grayscale filed a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) for a Grayscale Bittensor Trust ($TAO) on October 12.
This filing marks the initial 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 rose amid speculation that the move could speed up the potential launch of a Bittensor exchange-traded fund.
TAO price outlook
Despite falling to $224 on October 11 during a broader crypto sell-off, Bittensor rebounded strongly thanks to the catalysts described above.
After jumping to highs near $475, TAO’s technical outlook suggests the potential for continued upside.
Key daily chart indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), favor the bulls.
The daily RSI has climbed to 71, entering overbought territory but not yet at extreme levels.
That suggests sustained buying momentum and investor confidence, indicating TAO could rise further before any profit-taking sets in.
The MACD also recently recorded a bullish crossover.
The histogram has expanded, signaling the likelihood of additional gains.
Short-term projections for TAO include a move beyond year-to-date highs above $500, with bulls likely eyeing the December 2024 peak above $715.
The $1,000 level remains a major target for buyers.
However, broader market corrections could allow bears to test support below the $300–$360 zone.
Key downside levels to watch are $225 and then $180.