Bittensor offers a decentralized AI crypto. TAO is trending and solid, racing 12X in two years after rallying from $30. With endorsement from Grayscale and a mega global AI market, is TAO one of the best cryptos to buy now?
Research shows the global AI market could reach $2 trillion by 2030, growing at a staggering 35.9% CAGR from now until the end of the decade.
Generative AI projects like Grok, ChatGPT, and other iterative AI initiatives could contribute $15.7 trillion to the global economy by 2030. While some jobs may be replaced, AI is expected to create 97 million new jobs, surpassing the 85 million it could eliminate.
It will be fascinating to see how the space evolves, but investors with exposure to AI projects, especially those leveraging decentralized platforms, could see significant gains.
Early investors in Bittensor (TAO) are already reaping substantial profits and anticipate even more in the coming years, assuming Bittensor continues to play a pivotal role in advancing AI.
As of mid-May 2025, Bittensor is among the top trending crypto AI projects and is widely regarded as one of the best cryptos to buy.
Although TAO prices are down, posting losses over the past day and week, the project is well-positioned, explaining why it’s trending for the right reasons.
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What Is Bittensor?
Bittensor is at the intersection of two transformative technologies.
As an AI project leveraging blockchain, it has gained traction among investors, developers, and institutions seeking to capitalize on its transparent and decentralized AI infrastructure.
It is open-source and enables the creation and distribution of AI models, powered by a vast network of machine intelligence.
All nodes in the Bittensor network, referred to as neurons, collaborate to train models, share data, and earn rewards distributed in TAO.
The decentralized and open-source nature of Bittensor ensures that all contributors, including node operators, are rewarded for their efforts.
Why TAO Is Trending Now
Given what Bittensor offers, it’s clear why TAO is up 12X from its all-time low of $30, outpacing some of the best Solana meme coins in the process.
With Nvidia and crypto AI tokens booming, institutions are eager to accumulate, driving price increases.
Last week, Safello, a Nordic crypto exchange, sold its Bitcoin holdings and purchased 239.8 TAO.
The move was strategic.
Frank Schuil, Chairman of Safello, said decentralized AI, in which Bittensor plays a key role, is “one of the most important technological shifts of our time.”
While Safello gains exposure, Grayscale, which issues spot Bitcoin and Ethereum ETFs, recently launched the Grayscale Bittensor Trust (TAO).
Similar to GBTC and ETHE, the TAO trust provides institutions with a regulated channel to invest in TAO. This launch signals strong institutional interest and could pave the way for a spot Bittensor ETF in the future.
Introducing the Grayscale Bittensor Trust $TAO
Open to eligible accredited investors.
Learn more about $TAO and see important disclosures: https://t.co/GN66eNEdSt pic.twitter.com/1mVF3FyI5t
— Grayscale (@Grayscale) April 28, 2025
On the development front, the team recently announced Bittensor v9.5. This update enhances platform scalability and security, including key improvements.
A major component of this upgrade is improved node efficiency, laying a robust foundation for expanding subnet capabilities.
Meanwhile, LayerZero, a key player in protocol interoperability, recently announced support for Bittensor and its subnets.
LayerZero is live on Bittensor!
We’re excited to announce that LayerZero is powering interoperability for Bittensor and all its subnets.
With this integration, every ERC-20 asset on Bittensor’s EVM can now expand natively to any of the 130+ chains LayerZero supports today.
The… pic.twitter.com/q7fdqXxWEu
— LayerZero (@LayerZero_Core) May 16, 2025
This integration enables ERC-20 tokens within the Bittensor ecosystem to interact natively with over 130 chains, boosting liquidity and adoption.
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Will TAOUSDT Break $490?
Whether these developments will drive TAO crypto prices higher remains to be seen.
(TAOUSDT)
On the daily chart, TAO has support at around $330. If bulls defend this level, Bittensor could surge above $490 toward 2024 highs of $750.
If Bittensor “expands” to Asia with emerging subnets and institutional investment from the East, I can immediately predict a $5000-10000 $TAO in the coming 5 years.
The US-China AI race grows more intense by the day, with both superpowers determined not to repeat the mistakes of… pic.twitter.com/JaAt74962O
— AstroBoy
(@fevrdad) May 18, 2025
On X, one observer suggests that if Bittensor expands to Asia with emerging subnets and institutional backing, TAO could reach $10,000 by 2030.
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Bittensor (TAO) Crypto Trending: Will It Hit $10k In 5 Years?
- Bittensor is trending and leverages the blockchain to create a transparent AI marketplace
- Global AI market projected to hit $2 trillion by 2030
- TAO up 12X from 2023 lows of $30
- Will TAO crypto break $490 and race to $10,000 by the end of 2030?
The post What Is Bittensor Crypto, and Why Is TAO Trending? Could TAOUSDT Hit $10K by 2030? appeared first on 99Bitcoins.
