Bittensor (TAO) Price Soars Towards $500, Driven by AI Network Demand

Bittensor’s price has surged significantly, reaching a new all-time high of $421.77 after a notable rally driven by rising demand for decentralized AI networks. This increase is primarily fueled by the growing interest in Bittensor’s subnets, leading to an impressive 11% rise in market capitalization within 24 hours. The token’s rebound after recent pullback is supported by strong interest in its use cases for artificial intelligence.