Key Insights:
- Bittensor’s price surged over 40% in the past week, driven by growing institutional interest and the launch of a staked TAO ETP.
- The upcoming TAO halving in December 2025 is expected to reduce token supply, increasing demand and fueling bullish market sentiment.
- Strong technical indicators like MACD and RSI show continued momentum for TAO, with price targets of $600 being eyed by analysts.
Bittensor (TAO) has been one of the biggest gainers in the cryptocurrency market recently. As of November 1, 2025, TAO’s price has surged to over $500, marking an impressive 22% increase in just 24 hours. This surge is part of a broader 40% growth over the past week, reflecting growing investor interest and a shift in market dynamics. The cryptocurrency’s rapid ascent has caught the attention of both retail and institutional investors, signaling a new chapter for Bittensor.
The launch of the Safello Bittador Staked TAO ETP (STAO) has been a significant catalyst for this price movement. On October 31, 2025, Safello and Deutsche Digital Assets introduced the first staked TAO exchange-traded product (ETP) on the SIX Swiss Exchange. This product offers regulated access to Bittensor’s decentralized AI network, alongside the added benefit of staking rewards. It is seen as an essential step in making TAO more accessible to institutional investors in Europe, adding legitimacy to the asset.
Anticipation Builds for TAO Halving
Looking ahead, the excitement around Bittensor’s halving event is adding fuel to the bullish sentiment. Expected in December 2025, the halving will reduce the daily emission of TAO tokens by 50%. This move is expected to tighten the token’s supply, potentially driving up demand as fewer tokens are available on the market. As the halving approaches, many market participants are positioning themselves for a potential price spike, with some analysts predicting further growth in the short term.
On the technical side, the Relative Strength Index (RSI) for TAO is currently at 75, suggesting that the asset is in overbought territory. However, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, indicating that the upward momentum is likely to continue. The gap between the MACD line and the signal line has widened, signaling strong buying pressure in the market. If the bullish trend continues, analysts expect TAO’s price to test the $600 mark in the coming weeks, with the $500 level serving as a potential support area in case of any pullbacks.
Institutional Moves and Technical Factors Drive TAO’s Surge
In addition to the institutional involvement, TAO’s price surge is driven by strong technical indicators and the anticipation of the halving event. These factors combined are attracting both short-term traders and long-term investors to the token, helping it maintain momentum despite broader market challenges.
