Bittensor TAO Rises 1% Amid Institutional Investments and Subnet Growth as Trading Volume Dips 7.4%

Bittensor (TAO) price has risen marginally by over 1%, trading at approximately $431.53, as technical indicators suggest cautious optimism for short-term price movement. However, 24-hour trading volume has declined by 7.4% to $200 million, reflecting reduced activity among speculative traders [1]. The token’s performance aligns with broader altcoin trends, as Bitcoin dominance rose to 60.84%, and the Fear & Greed Index eased to 67, indicating a shift toward more measured market sentiment [1].

Institutional and ecosystem developments continue to support TAO’s trajectory. Synaptogenix recently allocated $100 million in TAO to its treasury, while the xTAO token’s listing on the TSX has enhanced its visibility in traditional markets [1]. Meanwhile, Bittensor’s subnet market cap expanded to $920 million, driven by Subnet 39 (Basilica), which saw 655% growth, underscoring the network’s expanding utility [1].

Technical analysis highlights a critical price structure. On the 4-hour chart, TAO remains above the key support zone at $420, with a defined demand area below $400. The price currently trades slightly above the 30-period EMA ($429.01), which has flattened, signaling neutral momentum [1]. A higher low pattern is forming, supported by a rising trendline, suggesting buyers are entering on dips as long as the price holds above $428–$430 [1]. The RSI at 51.68 indicates neutrality, leaving room for upward or downward movement, though a breakout hinges on increased buying pressure [1].

Short-term price predictions focus on key thresholds. If TAO sustains above $428–$430 and breaches $434, the next target lies at $440–$445, where prior resistance could convert to support [1]. Conversely, a breakdown below the 30-period EMA or the trendline would likely push the price to $417–$420, with a potential retreat to the $390–$400 demand zone if the trendline fails [1]. Analysts emphasize that while the price structure favors bullish bias, a meaningful breakout requires a return to higher trading volumes [1].

Market observers note that TAO’s resilience against waning altcoin enthusiasm and rising Bitcoin dominance remains critical. Institutional adoption and subnet growth continue to provide foundational strength, but traders are advised to monitor the $434–$440 zone for decisive directional cues [1].

Source: [1] [Bittensor (TAO) Short-Term Price Outlook] [https://coinmarketcap.com/community/articles/6882ae05747ff0612d594b6f/]