Altcoins News

Story: Bittensor Hits 118 Subnets, TAO Eyes $1,000

By Steven Anderson

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Bittensor, the decentralized AI network built on blockchain, has reached a major new milestone by surpassing 118 active subnets.

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According to real-time tracking data from Taostats.io, Bittensor officially crossed 118 active subnets in early June 2025.

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Each subnet is designed to focus on a particular AI function and operates under an incentive system. Contributors earn TAO tokens based on the value they bring to their subnet.

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The sharp increase in subnet count points to both user and developer confidence in the Bittensor platform.

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While this rapid expansion reflects Bittensor’s growing flexibility and strength, it also introduces technical challenges.

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Institutional Confidence Grows With BitGo and Yuma Staking Deal

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A major catalyst behind Bittensor’s momentum is the recent partnership between BitGo and Yuma.

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This collaboration enables institutional investors—such as hedge funds and asset managers—to stake TAO tokens securely and at scale.

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According to Taostats, over 6 million TAO tokens are currently staked, amounting to more than 70% of the token’s circulating supply.

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Adding to the ecosystem’s strength, Opentensor recently rolled out the Yuma Consensus 3 upgrade.

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TAO Price Predictions Heat Up—But Risks Remain

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Despite recent bearish trends across the broader AI crypto market, optimism around TAO’s future remains high among some analysts.

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“You will see a similar structure and bullish setup on many other altcoins, but few are as strong as TAO,” Decode said, expressing strong confidence in Bittensor’s price…

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That said, some experts remain cautious. The AI crypto market has lost significant value since late 2024.

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TAO, along with other AI or infrastructure-focused altcoins like Sei, Sonic, and Avalanche, has continued to show promise in terms of development and partnerships.

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