Bittensor has made a strong comeback, rising from its $154 bottom to around $330, fueled by consistent buy-side pressure in spot markets. On-chain data shows a sustained shift toward aggressive buyers, signaling real demand rather than short-term speculation.

This steady accumulation has helped push TAO’s market cap back above $3 billion. The rally reflects growing interest in decentralized AI networks, as investors increasingly position themselves around the AI narrative in crypto.