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Over the past 30 days, the native token of the Bittensor ecosystem (TAO) has increased by 75%, and its market capitalization has exceeded $3 billion.
At the same time, subnet tokens of the blockchain are also growing:
⏺ OMEGA Labs (SN24) — 422% in a month;
⏺ Templar (SN3) — 315%;
⏺ Level 114 (SN114) — 217%;
⏺ BitQuant (SN15) — 193%.
Bittensor operates as a decentralized network creating markets for artificial intelligence. It is divided into specialized subnets focused on performing various AI tasks — from training language models to deploying computational infrastructure and cybersecurity analysis.
Currently, there are 128 active subnets. Each has its own token, the value of which is directly tied to the amount of TAO locked in the protocol.
Recently, the Bittensor ecosystem has been rapidly developing. Among recent achievements is the launch of the large language model Covenant-72B in the Templar subnet, trained on 1.1 trillion tokens.