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Bittensor's TAO token jumps 16% amid rising AI sector interest, hitting $310-$315 with $3B market cap.

Technical Signals
24 Mar 2026
Crypto news
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Bullish
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Bittensor's native token TAO surged about 16% in 24 hours, trading near $310-$315 with a market capitalization around $3 billion. This rise occurs despite a weak broader crypto market, driven by renewed accumulation in the AI sector and a structurally limited token supply. TAO's price has climbed over 32% in a month, supported by a capped supply and halving events that reduce new token emissions. Investors increasingly view TAO as a core AI-infrastructure asset, reflecting growing interest in AI-linked crypto projects.

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