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Cryptocurrency News Articles
Bittensor (TAO) Price Could Spike 224% — But the Real Alpha Might Be Hidden in Its Subnets
Apr 18, 2025 at 05:00 am
There's a lot of noise building around Bittensor (TAO) right now, and not just from the usual chart watchers.
There's a lot of noise building around Bittensor (TAO) right now, and not just from the usual chart watchers. While technical analysts are eyeing a possible breakout, others inside the ecosystem are shifting their focus to something deeper: the rise of Bittensor's subnet layer. It's shaping up to be one of those moments where short-term price moves and long-term conviction are both driving attention to the same project, just from different angles.
On the chart side, top analyst Hardy pointed out a key move on the weekly TAO price chart. TAO dropped below the $160 level but quickly snapped back into its old trading range between $160 and $650. That bounce, often called a deviation and reclaim, has some calling for a bullish reversal. If TAO makes it back to the top of that range, it could mean a potential gain of 224%.
Looking closer, Bittensor price seems to be forming a series of higher lows, with strong support in the $160-$180 zone. This is the same level where TAO last consolidated before its major run past $600. That's why traders are watching this zone closely again; the setup looks familiar, and many are waiting to see if volume picks up to confirm another move higher.
Bittensor Ecosystem Subnet Tokens Attract Long-Term Accumulation
As chart analysts are focusing on price recovery, subnet growth within the Bittensor ecosystem is attracting the attention of long-term participants. on X, crypto expert Dread Bongo stated that his strategy is centered around acquiring tokens within subnets he believes will lead when TAO reaches a $100 billion valuation. He highlighted sustained buying and compounding as part of a broader goal to "accumulate the foundations of decentralized intelligence."
People are looking at the potential future price of subnets based on the current $TAO price…I am focusing on what the top subnets will be worth when $TAO is valued north of $100 billionThe quality within the ecosystem has exploded since the Dynamic TAO upgrade…The cream rises to the top
Since the rollout of the Dynamic TAO upgrade, several contributors have observed improved quality within the subnet space. These developments, paired with ongoing network expansion, are forming the basis for speculative subnet pricing models. Participants like Dread Bongo view these tokens as a leveraged bet on TAO's future market position.
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Chart Emphasis Differs From Long-Term Participants
This contrast between technical trading and subnet accumulation strategies signals broader interest in Bittensor's broader ecosystem. Analysts are watching both price and activity on-chain to assess upcoming trends. As Bittensor price consolidates above reclaimed support, subnet-related assets are seeing increased on-chain participation.
This dual-track narrative reflects growing maturity in the Bittensor network. While some participants seek immediate price movement, others are positioning for longer-term value driven by adoption, upgrades, and subnet success.
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