Grayscale 500 million fund secretly builds a position in TAO! TAO's surge of 70% in two weeks triggers the AI crypto race. Trump's ambitions become the biggest fuel | AI token war escalates: TAO takes 32 subnet to wash OpenAI

Grayscale 500 million fund secretly builds a position in TAO! TAO's surge of 70% in two weeks triggered the AI crypto race. Trump's ambitions become the biggest fuel to surpass Bitcoin? TAO's surge of 70% in two weeks triggered the AI crypto race. Trump's ambitions became the biggest fuel. Former US President Trump stood on the podium of the AI Summit in Washington, facing technology leaders and policy makers with a loud voice: "The United States will win the AI race!" This declaration is like a stone invested in the capital market, causing a thousand waves in the cryptocurrency circle. In just one week, the AI crypto sector started, and the token of Bittensor, the leader Bittensor, has soared 70% in two weeks, with the price breaking through the $440 mark. The real fuse was ignited on July 9 - Binance, the world's largest exchange, announced the removal of TAO's "Seed Tag" high-risk sign, and the institutional funding gate opened. The market suddenly realized: This AI token, which was once classified as a high-risk category, is transforming into a stable target on the institutional configuration list. Technical analysts kept a close eye on the charts and found that TAO had broken through the consolidation range that lasted for several months, and a new round of offensive was ready to go. --- 1. Rapid rise: The resonance of political declarations and capital momentum The American political landscape is becoming a new leverage for the crypto market. Trump signed three AI executive orders and launched the "AI Action Plan" with the intention of accelerating the United States' leadership in the field of artificial intelligence. The policy shift is like a shot of a heart-boosting agent. AI crypto tokens poured in more than $500 million in a single week, and the number of discussions related to trading platforms surged by 300%. The technical side simultaneously sent a strong bullish signal: - The monthly line soared 48%, breaking through the key psychological threshold of US$400 - The derivatives market heats up, and the contract holdings are approaching the historical peak - The footprints on the institutional chain are revealed, Pantera Capital spent $380 in February to raise 120,000 TAOs, accounting for 1.2% of the circulation. The launch of Coinbase has further triggered a nuclear explosion of liquidity. The platform not only opens up TAO/USD trading pairs, but also generates an annualized 18.22% pledge, which is 60 times higher than that of Bitget and other platforms. The opening of the US compliant fund channel has led to the daily trading volume of TAO from US$466 million to US$850 million, and the pace of institutional position building is clearly identifiable. 2. Technology Revolution: Dynamic TAO reconstructs the AI value network. Dynamic TAO (dTAO) upgrade in February 2025 has become the underlying engine for the explosion of TAO's value. This upgrade is essentially a genetic transformation of token economics: - Subnet tokenization revolution: allows 32 subnets to issue independent tokens (such as γ, ι), forming a liquidity pool with TAO - Inflation mechanism reconstruction: abolish the fixed issuance model, bind the TAO release amount to subnet performance - Destruction of deflation mechanism: Subnet registration fee and cross-chain handling fee are used to destroy TAO Venture Capitalist Mike Grantis commented: "dTAO is one of the most extraordinary protocol upgrades I have ever seen. It allows the market - not the verifier - to determine the value allocation." Ecological data verifies the forward-looking nature of the design: - Subnet registration fee has been reduced from 1,000 TAO to 200 TAO, and the developer threshold has been reduced by 80% - The staking rate soared from 35% to 62%, and more than 26 million tokens have been locked- Medical Imaging Subnet δ-Targon has been recognized by the FDA, opening up traditional medical application scenarios 3. Capital Secret War: The institutional chess game Grayscale Trust, under the ambition of trillion-dollar valuation, has quietly launched the Bittensor special fund, with the custody scale exceeding US$500 million. This is just the tip of the iceberg of institutional hunting - Mike Grantis predicts that TAO will reach $62,500 in 2030, a 135-fold surge from the current price. What supports this prediction is not a fantasy, but a solid network effect theory: - Reed's law index effect: The value created by subnet interaction is growing at 2^n level (n is the number of subnets) - Dual token flywheel cycle: Developers pledge TAO to create subnets → Users purchase subnet tokens → Ecological value feeds back to TAO - Fixed scarcity: 21 million total, four-year halving mechanism, a scarcity model comparable to Bitcoin. When the valuation of the traditional AI giant OpenAI has reached US$86 billion, the decentralized AI network Bittensor has a valuation spread of only 4 billion, which is an alpha rich mine in the eyes of institutions. 4. Competitive products and risks: Sober people in carnival At the moment when the AI encryption track is exploded, capital is betting more: - Virtuals Protocol (VIRTUAL): Build a virtual proxy collaboration layer with a valuation of US$1 billion - Fartcoin (FARTCOIN): Combining AI and meme culture, unexpectedly gaining 1.4 billion market value - Unilabs Finance: Launching the first AI crypto fund, pre-sales to earn US$6.4 million, however, investors must look directly at TAO's Damocles Sword: - The security ghost remains undispersed: The private key leakage incident in July 2024 caused 32,000 TAOs to be stolen, and the price plummeted by 12% in a single day - Verifier centralization risk: still relying on a few verification nodes in the early stage, which may cause weight duplication issues - The Sword of Regulatory Damocles: The US SEC's classification of AI tokens is unknown, and policy changes may trigger a huge shock. 5. Investment window: Find positioning comprehensive technical and fundamentals in the value triangle. Professional institutions have drawn a clear value triangle model: 1. Technical value (accounting for 40%): dTAO economic model + 32 subnet ecology 2. Capital value (accounting for 35%): Coinbase effect + grayscale special fund 3. Narrative value (accounting for 25%): The era of decentralized AI against technology giants Propositions Short-term trading range points to US$450-500, and the target price at the end of 2025 has been revised up to the range of US$1,151-1,239. For conservative investors, the 18.22% pledge income provided by Coinbase becomes an airbag in the volatile market; aggressive investors can go deep into the subnet ecosystem and hunt excess returns in high-performance subnets such as γ-Templar (text generation). --- When Trump shouted "The United States must win" at the AI summit, he might not have thought that the real battle had begun on the blockchain. The K-line chart of TAO on Coinbase is like the arms race map of the digital age. 18.22% of the pledge income is a money printing machine for capital voting, while the special fund of Grayscale $500 million is a declaration of institutional entry. The valuation window for decentralized AI networks is closing—When OpenAI engineers began to discuss TAO’s subnet architecture, when Pantera Capital’s position exceeded 1.2% of circulation, and when dTAO upgrades compress inflation below 3%, this value revolution driven by code, computing power and capital has crossed the critical point. Mike Grantis, a veteran of the investment world, may no longer be crazy: "The end point of TAO is not at the thousand dollar mark, but at the sky of 60,000 US dollars." #crypto #tao #cryptocurrency