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TAO token jumps 8.33% to $264.83 amid major protocol updates and new trading pairs on Solana.

Protocol Fundamentals
08 Sep 2026
Blockonomi
View Source
Bullish
TAO token jumps 8.33% to $264.83 amid major protocol updates and new trading pairs on Solana.

The TAO token from Bittensor surged 8.33% to close at $264.83, hitting a three-month high of $277 during trading. This rise follows a five-day rally of about 25%, supported by major protocol upgrades and new trading pairs introduced on the Solana-based Raydium exchange. The launch of the Buttensor meme coin, which automatically buys TAO with its transaction fees, has added buying pressure. Futures open interest also reached a three-month peak at $434.58 million, indicating strong market interest. Technical resistance lies at $277–$280, with a potential move toward $300 if broken.

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