Bittensor (TAO) Price Breakout: Is This the Next 10x Play? Here's How High It Could Go

Bittensor (TAO) is starting to grab a lot more attention as its price action and network growth seem to be lining up. Today alone, TAO's price is up nearly 10%, now trading around $379.24.

Bittensor (TAO) is starting to factor heavily into the calculus of a few analysts as its price action and network growth seem to be lining up.

Today alone, TAO’s price is up nearly 10%, now trading around $379.24. Trading volume has jumped by 75%, showing a clear spike in market activity.

As TAO pushes toward major resistance levels, analysts and traders are keeping an eye on what happens next. Tweets from crypto voices like Belle and RVCrypto have only added more fuel to the conversation around where TAO might be headed.

For months, from November 2024 through mid-April 2025, TAO was stuck in a downward channel, consistently making lower highs and lower lows. But things took a turn in late April when TAO finally broke out of that pattern, hinting that bullish momentum might be kicking in.

Since then, TAO has cleared two key resistance levels at $359.3 and $381.7 and is now making its way toward $483.2, another big test. According to a chart shared by Belle, if Bittensor price can break through this next barrier, it could open the door for a move toward the $600–$700 range. Belle shared her game plan too: she’s planning to wait for a clean break above all resistance before rolling with the trend higher.

Network Growth Aligns With Bittensor Price Momentum

Beyond the technical breakout, TAO’s fundamentals have strengthened considerably. RVCrypto highlighted that Bittensor evolved seamlessly from an “interesting concept” to one of the fastest-growing networks in the crypto sphere.

The platform now boasts nearly 100 subnets and has generated an impressive value of over $500M. Exploding activity across the network indicates that user adoption and development are progressing at a rapid pace. RVCrypto further noted that “all value will flow back in $TAO,” signifying that the network’s expansion is beginning to be reflected in market valuations.

You can ignore narratives. You can even ignore hype. But you can’t ignore momentum.$TAO went from "interesting concept" to one of the fastest-growing networks in crypto.Nearly 100 subnets.Hundreds of millions in value created.Exploding activity across the board.All value will flow back in $TAO. pic.twitter.com/Xh3fTidLTN

— Ben (River) Hecht (@RVCCrypto) August 17, 2024

TAO Key Support and Resistance Zones to Watch

The crypto price found strong support at $231.1, from which the current rally began. The move through $359.3 and $381.7 resistance levels demonstrates rising bullish strength. The $483.2 mark stands as the next key zone to monitor.

Chart analysis indicates that if TAO manages to break through $483.2 decisively, a move toward the $600–$700 range could follow. The sharp upward movement without a major retest suggests strong underlying demand.

Furthermore, the 75% increase in trading volume today aligns with the breakout structure, providing added confirmation of brisk market interest. Historical patterns show that breakouts with substantial volume often sustain their trends for a greater duration.

TAO’s ongoing network expansion, combined with current market momentum, positions it as one of the most closely watched assets in the crypto sector. Analysts will be keenly attentive to whether Bittensor price can maintain its upward trajectory by surpassing the $483.2 resistance zone.