Bittensor’s native token, TAO, has reached an unprecedented milestone, surpassing $1 billion in 24-hour trading volume for the first time. The surge, first highlighted by crypto influencer DreadBong0 on X, marks a defining moment for the decentralized computing ecosystem and underscores TAO’s growing influence across global markets.
The token’s rise comes less than three years after Bittensor’s fair launch in 2023, a project built entirely without venture capital funding. Since then, the network has grown into a community-powered infrastructure where miners and validators collaborate to train and deploy open models. The latest trading data show TAO’s volume topping $1.02 billion, with centralized exchanges accounting for roughly 85 percent of activity and decentralized exchange volumes up more than 200 percent in the past day.
At the time of this reporting, TAO was trading around $534, representing a 4,289 percent gain over the past year. Its market capitalization now stands near $5.5 billion, placing it among the largest assets in the digital economy.
“This is what Web3 was meant to be,” wrote one X user responding to the news. Others pointed to TAO’s community-driven ethos as a contrast to venture-backed competitors, while some drew parallels between Bittensor’s consensus mechanism and Bitcoin’s early growth phase.
The milestone arrives amid renewed interest in decentralized computing tokens, driven by growing integration between blockchain networks and large-scale model development. Analysts suggest that TAO could benefit further from the ongoing Ethereum Dencun upgrade, which reduces deployment costs for subnets.
Speculation about future partnerships and institutional entry has also intensified, with some traders eyeing $700 as a near-term price target and long-term projections approaching a $20 billion market capitalization by 2026.
For now, the record trading volume stands as a clear signal of momentum. Bittensor continues to expand its footprint as one of the most active ecosystems in the decentralized computing space, showing that open, community-led networks can compete at the highest level of global finance.
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