TAO, the token of decentralized AI platform Bittensor, has surged from $145 to over $320 in 2026, driven by institutional interest and AI-crypto hype. However, research from Pine Analytics reveals that many Bittensor AI subnets depend heavily on token subsidies rather than real demand, making their services potentially unsustainable. If subsidies are cut in late 2026 or 2027, prices for AI services could rise sharply, pushing users away and causing miners and validators to exit. This could force a significant reevaluation of TAO's value despite recent price gains.
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
