Bittensor’s TAO token surpassed 285 dollars after a 10% daily increase, driven by the overall market recovery (Bitcoin above 82,000 dollars and Ethereum around 2,450 dollars) and by the announcement of a major protocol update called Null Consensus. This update expands subnet capacity from 256 to 2,500 participants and introduces optional proof-of-work registration allowing miners to join the network without spending TAO upfront. Analysts remain confident in the token’s upward trajectory, anticipating price levels between 350 and 400 dollars by year-end, or even a 10x multiplication in the medium term according to some forecasts. The token’s current market capitalization remains below 3.3 billion dollars, making a 1 trillion dollar valuation by 2030, mentioned by some commentators, highly unlikely in the short term.
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