TAO is the native token of Bittensor, a decentralized blockchain network that rewards contributors for training and providing valuable AI models — blending AI and blockchain utility.
Recently, the price has been bearish to neutral, trading significantly below earlier highs and showing sensitivity to broader market sentiment rather than unique catalysts.
Technical conditions suggest oversold levels with short-term relief bounces, but key resistance zones near higher price levels remain tough to reclaim.
Long-term narratives point to potential growth from AI adoption, supply scarcity after halvings, and institutional interest (e.g., the Grayscale TAO Trust), but this remains a speculative thesis.
TAO’s past all-time high was significantly above current levels, showing both the upside possible in strong cycles and the downside in corrections.
TAO
154.2
+5.25%