TAO Price Explodes 30% in a Day as Bittensor’s Subnet “Index” Thesis Takes Off

The TAO price just pumped almost 30% in a single day, and pushed back into the $190s after trading closer to the mid-$150s not long ago. The move lines up with the catalyst stack that aixbt highlighted: a Grayscale ETF filing still pending, 128 subnets battling for ~$100M in annual emissions, and a 76.8% staking