Neither XRP nor Bitcoin: this cryptocurrency surprises the market and shoots up 10%

Neither XRP nor Bitcoin: this cryptocurrency surprises the market and shoots up 10%

A little-discussed altcoin has surprised the market with a surge of over 10%, defying the attention dominated by Bitcoin, Ethereum, and XRP.

The price of Bittensor (TAO) has risen nearly 12% in the last 24 hours, consolidating its position among the best-performing digital assets of late. Its rally, according to analysts, reflects renewed market interest in projects that leverage innovative technologies with disruptive potential. 

TAO, which reached an all-time high of $757 in 2024, is once again capturing the attention of users and investors, especially due to its focus on decentralized artificial intelligence solutions, a sector that is gaining increasing traction within the crypto ecosystem.

Bittensor's strong momentum coincides with a growing trend where investors are seeking assets that offer greater utility and technological foundation, far from mere speculation. Bittensor's platform proposes a model where neural networks collaborate and compete in an open environment, something that is sparking enthusiasm among developers and market participants.

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TAO: A rally that surprises the crypto market

Bittensor's performance in recent hours has not gone unnoticed within the crypto community. While leading coins like Bitcoin, Ethereum, and XRP maintain moderate fluctuations, TAO managed to stand out with growth that surpassed the 10% threshold. This move positions TAO as the third best-performing cryptocurrency in the market, after Mantle (MNT) and Aster (ASTER). 

TAO's rise reflects a specific interest in assets that, beyond traditional speculation, support clear and applicable use cases outside of the financial realm.

Bittensor (TAO) price in the last 24 hours.
Source: CoinGecko

Data reported by specialized platforms such as CoinGecko detail that Bittensor's (TAO) recent surge is not the result of chance, but rather a combination of factors that have captured the attention of the crypto ecosystem. According to the data, the rise is part of a bullish narrative that blends fervor for artificial intelligence with the advancement of blockchain technology. Analysts cited in media outlets such as The Block and Messari point out that Bittensor's proposal—a network that converts traditional mining into decentralized training of useful AI models—has sparked renewed interest due to its real utility and its move away from the unproductive energy expenditure that characterizes other networks.

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Bittensor faces historic token unlocking

Bittensor is preparing for a massive token unlocking, and the market is watching closely. In October, the decentralized artificial intelligence project is preparing a significant release of its TAO token, valued at over $1 billion., an event that could impact the dynamics of its internal economy and, potentially, the stability of the crypto market.

Over the next few days, Bittensor investors will face one of the most critical moments of the year. unlocking schedule It indicates that on October 13, a huge amount of TAO tokens, which until now remained locked in the hands of developers, validators, collaborators, and early investors, will be released. This event could substantially change the asset's circulating supply, a factor that analysts are already interpreting as a sign of possible short-term volatility.

The event is part of a series of scheduled releases across the crypto industry. According to various reports, around $1.031 billion in tokens are ready to enter the market during October, with Bittensor taking a leading role among the projects leading this wave of releases.

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Bittensor: the network that unites blockchain and AI to democratize knowledge

Bittensor redefines the way artificial intelligence is developed and shared. It is an open-source protocol that combines the power of machine learning with blockchain technology to build a global, collaborative, and decentralized network. Instead of relying on a single company or lab, knowledge is distributed among thousands of participants who jointly train AI models and are rewarded with the TAO token, the ecosystem's native currency.

The main attraction of Bittensor is that transforms the development of artificial intelligence into an open economyEvery contribution counts: Models that provide valuable insights receive more TAO, which incentivizes quality, innovation, and cooperation among developers. In turn, external users can access the network to extract insights, train models, or fine-tune their systems in a customized way, using TAO as a medium of exchange.

Bittensor's architecture is based on two types of nodes: servers, which generate responses and AI models, and validators, which evaluate them based on their performance and contribution to the whole. Those who contribute value increase their participation in the network, while nodes with unhelpful results lose relevance and are eventually removed from the system. This organic process keeps the ecosystem efficient and oriented toward continuous progress.

Ultimately, Bittensor pursues an ambitious goal: to create the world's first artificial intelligence marketplace, where producers and consumers interact under rules of transparency, shared ownership, and decentralized governance. With this, the platform opens a new era for AI, where access, collaboration, and rewards are balanced within a single blockchain network.

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