Bittensor Price Surges After Coinbase Listing; Will TAO Hit a New ATH?

Highlights:

• TAO breaks key resistance, fueling strong bullish sentiment among traders.
• Coinbase listing boosts liquidity and market visibility for Bittensor.
• Bittensor price has seen a 10% surge over the past 24 hours.

Bittensor price, an AI-based blockchain token, surged following its recent listing on Coinbase. The token broke out from a parallel channel, triggering strong bullish momentum. In the previous 24-hour period, TAO demonstrated substantial growth exceeding 10% in value. The increased market activity positions TAO closer to reaching its previous highest value. 

Bittensor preserves stable upward market movement because buying interest continues to rise. The latest market rally demonstrates increased investment confidence about the project’s enduring value.

Bittensor Price Surges After Coinbase Announces Listing

The price of Bittensor increased rapidly following the platform confirmation from Coinbase about supporting the asset on its exchange. The exchange declared that TAO transfers will operate as an exclusive service on the Bittensor network.

Coinbase will add support for Bittensor (TAO) on the Bittensor network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.

— Coinbase Assets 🛡️ (@CoinbaseAssets) February 19, 2025

Any usage of the asset on other networks would result in permanent fund loss for users. Trading for TAO can be done on Coinbase’s exchange platform if local regulations permit its operation. The listing represents an important milestone for Bittensor as it stands as a blockchain-based AI network that aims to decentralize machine learning operations. TAO will gain better liquidity together with increased visibility thanks to Coinbase’s backing which will bring in more participants to the ecosystem.

The market expressed considerable attention to the news, which resulted in significant growth in TAO’s trade activity. Users need to check network information carefully before executing transactions after the trading support launches.

Crypto Market Surges as Bitcoin Reclaims $97K

The cryptocurrency market reached new heights as Bitcoin surpassed $97,000 which caused major altcoins to follow its growth. The market sentiment improved because global market capitalization expanded by 1.51% to reach $3.22 trillion. 

The TAO cryptocurrency achieved its all-time high of $782 back in April 2024 after which it developed a lower high during December. Digital asset price rebounds create improving investor sentiment that produces bullish momentum expectations throughout the industry.

Will TAO Price Rally Above $500 This Week?

The Bittensor price has seen a notable price surge over the past 24-hours, making it among the top gainers in today’s market. At the time of writing, the TAO price is trading at $450, with 10% in the past 24 hours.

The price movement of TAO token has surpassed the $430 level while traders expect additional upward momentum due to bullish market signals. The price movement initiated a clear breakaway which caused TAO to increase by 20% from its recent minimum as it aims for important resistance targets.

Technical indicators support the ongoing rally. The moving Average Convergence Divergence (MACD) indicator has given a bullish crossover with the blue line on top of the signal line. This implies that it is accelerating upward. However, green bars demonstrate buying pressure, and you can confirm this from the histogram. TAO is presently in overbought space as demonstrated by the Relative Strength Index (RSI); that is, it is presently in a bearish stage with 74.80.

TAO faces its next resistance at $500. If the token successfully clears this level, it could push toward $600, and a sustained close above $650 could pave the way for a 67% rally toward $767 previous ATH. A rejection at these levels may lead to a pullback toward $400, which now acts as a critical support level.