{"id":24691,"date":"2026-03-30T14:12:18","date_gmt":"2026-03-30T14:12:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/will-bittensor-price-surge-past-400-in-april-as-subnet-valuation-approaches-1-5-billion\/"},"modified":"2026-03-30T14:12:27","modified_gmt":"2026-03-30T14:12:27","slug":"will-bittensor-price-surge-past-400-in-april-as-subnet-valuation-approaches-1-5-billion","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/will-bittensor-price-surge-past-400-in-april-as-subnet-valuation-approaches-1-5-billion\/","title":{"rendered":"Will Bittensor price surge past $400 in April as subnet valuation approaches $1.5 billion?"},"content":{"rendered":"
\n

Bittensor price rallied over 100% in March, boosted by growth in subnet utility and a high-profile endorsement by Nvidia CEO Jensen Huang.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • Bittensor price surged over 100% in March, driven by growing subnet utility, AI model advancements, and a high-profile endorsement from Jensen Huang.<\/li>\n
  • Subnet ecosystem growth pushed cumulative token valuation close to $1.5 billion, reinforcing demand for TAO through staking and participation mechanisms.<\/li>\n
  • Technical indicators remain bullish, with price holding an ascending channel and targeting $400, while a drop below $300 could trigger a deeper correction.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    According to data from crypto.news, Bittensor (TAO) price rallied over 121% to a yearly high of $371 on March 25 before retracing back and settling at $318 at the time of writing.<\/p>\n

    There are three main catalysts that have been driving Bittensor\u2019s price this month.<\/p>\n

    First, Nvidia CEO Jensen Huang recently publicly praised Bittensor and highlighted its decentralized training of the Covenant 72B AI model, a complex, large language model, as a remarkable technical achievement. The high-profile endorsement gave the project a massive boost in credibility that extended beyond the crypto space while increasing institutional appetite for the token at the same time.<\/p>\n

    <\/p>\n

    Second, the successful release of the 72 billion parameter model (Covenant 72B) on the Templar subnet helped showcase the ability of the decentralized network to handle state-of-the-art AI workloads. Reports indicate that the model outperformed major competitors like Meta\u2019s Llama 2 (70B) in some benchmarks while being trained over 70 decentralized nodes.<\/p>\n

    Third, the cumulative valuation of Bittensor\u2019s subnet tokens reached near the $1.5 billion milestone in late March. Since users must use TAO to participate in or stake these subnets, it created a natural feedback loop of demand for the TAO token.<\/p>\n

    Bittensor price analysis<\/h1>\n

    On the daily chart, Bittensor price has been trading within an ascending parallel channel pattern since late February. As long as an asset trades within such a pattern, they tend to maintain a steady bullish trajectory as the price bounces between the support and resistance boundaries of the channel.<\/p>\n

    Bittensor price is trading within an ascending parallel channel pattern on the daily chart \u2014 March 30 | Source: crypto.news<\/figcaption><\/figure>\n

    A look at other technical indicators also seems to suggest that bulls maintain dominance over the market. Notably, the Supertrend indicator has flipped green while the Aroon Up at 64.29% is significantly higher above the Aroon Down, which currently sits at a lower threshold.<\/p>\n

    As such, the path of least resistance for the Bittensor price is likely to the upside, with $340, which aligns with the 50% Fibonacci retracement level, marking the immediate resistance. A break above this level could instill bulls with the confidence to push the TAO price toward $400 next.<\/p>\n

    On the contrary, if Bittensor price falls below $300, which aligns with the 38.2% Fibonacci retracement level, the current bullish structure could be invalidated and lead to a deeper correction toward previous support zones.<\/p>\n

    <\/p>\n

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    \n <\/use> <\/svg> <\/div>\n

    \n Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. <\/p>\n<\/p><\/div>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    Bittensor price rallied over 100% in March, boosted by growth in subnet utility and a high-profile endorsement by Nvidia CEO Jensen Huang. Summary Bittensor price surged over 100% in March,…<\/p>\n","protected":false},"author":1,"featured_media":2867,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24691"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24691\/revisions"}],"predecessor-version":[{"id":24692,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24691\/revisions\/24692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2867"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}