Bittensor subnets have reached $70 million in annualized revenue, doubling from $35 million two months ago and showing strong monthly growth. This revenue growth is driven by active subnet developments and token buybacks, although sustaining this pace depends on managing token emissions. Meanwhile, TAO crypto's price rose to around $237, led by spot buyers rather than futures traders, indicating a healthier rally. Investors are watching the $235 price level closely as a key support point.
TAO (Bittensor) trades at Rp4.284.216 on Pluang as of Nov 05, 2026 16:21 WIB, showing a 1-day gain of 2.60%. The token's market cap stands at Rp50,02 trillion with a 24-hour trading volume of Rp2,3 trillion. This price movement aligns with the article's note of TAO's rising value, supported by active subnet developments and token buybacks driving revenue growth.
