Bittensor price is up 17.72% in the past 24 hours, trading near $298.66, with volume nearly doubling overnight. The move arrives directly on the back of high-profile commentary on the All-In Podcast, where NVIDIA CEO Jensen Huang and investor Chamath Palihapitiya discussed decentralized AI training running on the Bittensor network. TAO crypto has been building a technical case for weeks, and this seems to be the catalyst the setup was waiting for.
NVIDIA CEO Validates Decentralized AI Training on Bittensor
The immediate trigger for the Bittensor coin rally is the All-In Podcast segment in which Chamath Palihapitiya raised decentralized AI training with Jensen Huang, specifically referencing a model trained on Bittensor Subnet 3.
The Opentensor Foundation and subnet team templar have since corrected the record: the model in question is Covenant-72B, a 72-billion-parameter LLM, not the four-billion figure cited during the broadcast.
Covenant-72B was pre-trained permissionlessly across 70+ global contributors using commodity internet hardware, and achieved a 67.1 MMLU score, documented in a March 2026 arXiv paper and confirmed as the largest decentralized LLM pre-training run on record.
Huang’s response matters. The NVIDIA CEO endorsed both proprietary and open-source models as complementary, framing foundational AI technology as benefiting from decentralized innovation to achieve broader adoption.
TAO Price Stalls at $302 Wedge Resistance After Volume Surge
Analyst Ardi flagged the setup this morning. The Bittensor price is now attempting a breakout of a right-angled broadening descending wedge, a five-month pattern that has been developing since October.
TAO price formed a local higher low before buyers drove it back to the flat upper boundary near $302, on heavy volume. The structure is clean: lower highs on one side, flat resistance on the other, with buyers absorbing each pullback at higher levels.
The confirmation level is a daily close above $302. Without it, the breakout remains unconfirmed. If the price closes above resistance, Ardi’s Bittensor price prediction puts the next overhead target at $360–$370, a zone the analyst identifies as major resistance. Today’s intraday range was $243.34 to $307.43, with the current price consolidating just below the upper boundary.
Longer-term context shows TAO coin is up 37.01% over the past week and 55.66% over the past month, but still down 13.68% across the six-month window and 61.13% from its all-time high of $767.68 set in April 2024. The question for the rest of the session is whether Bittensor’s TAO can hold above $302 and give the weekly chart something to work with.
READ MORE: Robinhood Stock Analysis: Here’s Why HOOD is at Risk of Hitting $50
