Is TAO Crypto Ready for $3,000? Traders Super Bullish on Bittensor, Here’s Why

Bittensor is a top crypto AI token, no doubt. While the project dominates headlines, TAO crypto, the underlying coin, has been performing dismally. Although prices sprang higher in early April, rising from around $160 and rallying to as high as $520 at some point in June, the coin has been moving sideways since then.

Will TAO Crypto Rally To $3,000?

The sideways price action, looking at bold predictions by analysts on X, could suggest that investors are accumulating.

One analyst is convinced that TAO USD is forming the W Pattern reminiscent of the November 2023 price action, which preceded major price gains. Then, prices soared from around the $30 to $90 zone to new highs of around $700.

The last time $TAO broke out of it's horizontal range ($30 – $90) was in Nov 2023 in a W pattern (post below)

It is about to repeat the same W pattern breakout ($200 – $700), this time with a target of $3,000+

As per below post, $TAO will soon never trade below $700 again https://t.co/3YqUIE8vAk pic.twitter.com/k6j9hrPgln

— Harry (𝜏,𝜏) (@princeharry_za) August 12, 2025

If that price action guides, then the analyst thinks TAO2 (No data) can easily 10X from spot rates, rising to at least $3,000. When this happens, the trader added that TAO will never trade below $700 again.

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And he is not alone. Another trader draws parallels to the Cardano rally of 2021. If TAO moves like ADA did, the coin will easily break $3,000, soaring to as high as $3,600, pushing its market cap to over $27 billion.

(Source: CryptoDona7 on X)

This confidence is based on the recent TAO price resilience. Although some of the best cryptos to buy, including Bitcoin and Solana, sold off in late July, the bounce of the past few days has been massive. Like other coins, TAO is also finding supportive tailwinds.

If bulls reject all attempts to push prices lower, a break above $400, a psychological number, could be the basis for more gains above $500 and June 2025 highs. When this happens, TAO crypto could fly above $750 in a refreshing buy trend continuation formation.

Bittensor Endorsement By Grayscale

A big part of this bullish sentiment stems from institutional interest. Grayscale, a crypto asset manager, recently partnered with FTSE Russell to launch the Artificial Intelligence Crypto Sector.

(Source: Grayscale)

Some tokens highlighted in this category are Bittensor, Render, and the NEAR Protocol. By including them, Grayscale and FTSE recognize them as leaders, driving decentralized AI infrastructure.

The endorsement of TAO now means the project is on the radar of institutional investors.

What’s more? If Bittensor successfully takes on centralized AI systems, addressing challenges such as scalability and the high energy demands powering these systems, then TAO crypto could be hugely undervalued at spot rates.

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Presently, the global energy demand for training AI models continues to skyrocket. Within five years, the total demand for AI training energy in the United States will hit 50 GW by 2030.

Trillions on the line.
No one is connecting the dots.

How you solve exponential AI demand?$TAO, training models in parallel.
Worldwide distributed

AI’s power needs are exploding:

GPT-4 needed 20 MW
By 2030, frontier models 4,000+ MW each

Total U.S. AI training demand:… pic.twitter.com/TMJkHbNIdf

— Andy ττ (@bittingthembits) August 12, 2025

Because of these limitations, a decentralized model offering parallel AI training across a global network is feasible and would be scalable. Since Bittensor is building this solution, TAO crypto could be a strategic asset for investors who believe the future will be AI-driven.

Safello Launches TAO ETPs As TaoFi Links Bittensor with Base

Safello is now providing investors in Europe, mostly institutions, after announcing plans to list TAO-backed ETPs. In a post on August 12, Safello said the TAO ETP will provide access to non-crypto native investors and institutions via tax-advantaged accounts. Investors won’t have to pay capital gains tax.

TaoFi recently introduced a bridge that connects Bittensor with Base, an Ethereum layer-2 solution. This initiative aims to integrate TAO into the decentralized finance (DeFi) ecosystem, enabling holders to earn capital gains and additional yields through farming and other opportunities.

The TaoFi bridge utilizes Hyperlane’s Interchain accounts and SNO by Sturdy, allowing users to transfer USDC from various chains, including Solana and Ethereum, to the Bittensor EVM in a single transaction.

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