Bittensor (TAO) price movement and market outlook analysis: opportunities and challenges coexist

As of November 27, 2025, the Gate exchange market data shows that Bittensor (TAO) is priced at 308 USD, having fallen by 1.6% in the past 24 hours, with a decline of 3.4% over the past 7 days, and a decrease of 25.7% over the past 30 days.

This figure indicates that the price of TAO has fallen by more than 50% from the all-time high of 795.6 dollars set in April 2024.

01 In-Depth Analysis of Market Performance

The recent market performance of TAO is quite challenging. According to the latest data from Gate exchange, the token has not only shown weak performance in the short-term indicators but has also fallen by 7.6% over the past 90 days.

Technical indicators show that the middle band of the Bollinger Bands is at $393, and the current price is nearly a hundred dollars away from it, clearly indicating the strength of the bearish forces.

What is even more concerning is that the rock-solid $290 support line, which had been in place since July 2025, has recently been breached, and market sentiment is extremely harsh.

The Fear and Greed Index has plummeted to 12, deeply entrenched in the “extreme fear” zone. Both spot traders and futures players are withdrawing en masse, and there are no signs of easing selling pressure.

02 Project Fundamentals and Technological Innovations

Bittensor, as a pioneering open-source protocol, aims to establish the world's first decentralized blockchain machine learning network.

The core philosophy of the platform is to break down the traditional barriers of artificial intelligence development and create an AI ecosystem that anyone can participate in.

Unlike traditional AI development models, Bittensor proposes a brand new solution: through blockchain technology and economic incentive mechanisms, it enables developers, researchers, and computing resource providers from around the world to collaborate and jointly advance the development of artificial intelligence.

The operating mechanism of Bittensor is based on several core innovations: dual-layer network architecture design, intelligent proof consensus mechanism, specialized subnet system, and dynamic reward distribution mechanism.

Smart Proof is Bittensor's most groundbreaking innovation, requiring participants to demonstrate genuine intellectual contributions rather than mere computational power competition.

Network nodes need to perform actual machine learning tasks, and the quality of AI services provided by the nodes directly determines the opportunity to earn rewards.

03 Token Economic Model and Scarcity

The token economic model of TAO has a unique design. The native token of Bittensor, TAO, has a maximum supply of 21 million.

According to the latest data, the current circulating supply is about 10 million coins, accounting for approximately 47.6% of the total supply. This relatively limited circulating supply may create scarcity in the market.

The TAO token is generated through a mining mechanism similar to Bitcoin, but the key difference is that miners must provide valuable AI services instead of purely competing on computational power.

A block is produced approximately every 12 seconds, with a fixed reward of 1 TAO, to be shared between miners and validators.

It is worth noting that there is less than two months left until the TAO halving event.

This event will significantly reduce the daily issuance of TAO from the current 7200 to 3600, which will undoubtedly have a significant impact on market supply and demand.

Looking back, ZEN experienced a surge after its halving. Considering this historical experience, the market generally holds an optimistic attitude towards the performance of TAO after its halving.

04 Market Competition Landscape and Institutional Dynamics

In the decentralized AI space, Bittensor faces several competitors. SingularityNET (AGIX) is the main competing project, both of which are committed to the development and distribution of decentralized AI.

Unlike Bittensor, SingularityNET adopts a more traditional market model, with its AGIX token mainly used as a medium of exchange within the platform.

Other similar projects include Allora Network, which focuses on decentralized prediction markets and AI reasoning networks, and Gensyn, which focuses on decentralized machine learning computing infrastructure.

and focusing on establishing autonomous economic agents and a decentralized digital economy, Fetch.ai (FET).

The interest of institutions in TAO continues to grow. The well-known digital asset management company Grayscale has submitted Form 10 to the U.S. Securities and Exchange Commission, aiming to obtain approval for an ETF.

This move reflects institutions' continued optimism towards the digital asset market.

More notably, the Swedish crypto exchange company Safello will launch the first physically backed TAO exchange-traded product (ETP) in the European market.

The ETP is expected to be listed on the SIX Swiss Exchange, the Euronext Paris and Amsterdam, and the Deutsche Börse Xetra.

05 Future Price Trends and Investment Outlook

Market analysts are cautious about the future trend of TAO. According to the latest analysis, the expected price range for the next five days is between 285 USD and 340 USD, taking into account the current level and volatility.

Most weekly indicators remain at “sell” or “neutral”, so the probability of further increases is relatively low, but there are more downside risks.

Unless TAO breaks above $340 or closes below $285, it is likely to consolidate within this range.

Key technical indicators show that the lower Bollinger Band floor is at $280, and the current price is testing the edge. If it falls below, the next support level is in the range of $260-$280.

The classic dilemma now in front of us is - buy the dip or catch a falling knife? Aggressive traders might take a small position at the 295-300 level to bet on a technical rebound, while conservative traders will probably wait for the price to stabilize at 350 with increased volume before entering the market.

06 Risk Warning and Investment Advice

Investing in decentralized AI projects like Bittensor requires an understanding of several key risks. The cryptocurrency market is known for its volatility, and the future performance of TAO will depend on various factors, including technological advancements, regulatory developments, and overall market conditions.

Despite Bittensor's strong fundamentals and the project's continued development of its decentralized machine learning network, short-term price fluctuations remain uncertain.

For investors, it is crucial to closely monitor the following factors: the actual impact of the TAO halving event, the progress of institutional adoption, the expansion of the entire Bittensor ecosystem, and the broader trends in the cryptocurrency market.

The long-term success of the project may depend on its ability to provide practical applications and facilitate the widespread adoption of its decentralized machine learning network.

Future Outlook

Bittensor, standing at a crossroads, is at the intersection of short-term challenges and long-term potential. On one hand, price trends and market sentiment remind us to be cautious; on the other hand, the approaching halving event, the launch of ETP products, and the project's solid technical foundation provide us with reasons for optimism.

In the wave of the fusion of cryptocurrency and artificial intelligence, whether Bittensor can regain momentum after the storm with its unique positioning in the decentralized machine learning network can only be answered by time.