10x Research: Bittensor Subnet Staking Surpasses $600 Million, Possibly Driven by AI Narrative Momentum

MarsBitNews · 2026-03-28T14:39:10+00:00

Research firm 10x Research pointed out that Bittensor (TAO) is driven by AI narratives and ecosystem expansion, leading to a price increase and breaking through short-term moving averages, with a recent gain of 19.8%. The staked amount exceeds $620 million, and active subnets number 128. Meanwhile, NVIDIA CEO mentioned Bittensor, and Grayscale reaffirmed that private placements are open, further strengthening institutional support.

MarsBitNews

2026-03-28 14:39:10

Abstract generation in progress

Mars Finance news: Research firm 10x Research posted on the X platform stating that Bittensor (TAO) has gained strong momentum driven by both the AI narrative and ecosystem expansion. The current TAO price has moved above the 7-day and 30-day moving averages, and the technical picture shows a dual bullish signal. Over the past week, it is up 19.8%. The scale of subnet staking has already exceeded $620 million, and the number of active subnets has expanded to 128. On the news front, NVIDIA CEO Jensen Huang mentioned Bittensor in a well-known podcast, and this week Grayscale reiterated that subscriptions for the Bittensor Trust private placement have been opened to qualified investors, further strengthening institutional endorsement.

TAO1,26%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes