Bittensor (TAO) price rose above $300 on Friday, hitting its highest level since January of this year. The token advanced more than 20% in the past 24 hours following Nvidia CEO Jensen Huang’s comments.
His comments pointed to decentralized AI training connected to the Bittensor network. Investors responded quickly, leading to sharp momentum across major trading platforms around the world.
Wider Cryptocurrency market It also moved upward and the total capitalization rose to about 2.4 trillion. The price of Bitcoin was trading at more than $70,000, boosting optimism among the large-cap digital asset.
Ether traded above the $2,100 mark with sustained institutional buying. Meme coins, incl Dogecoin, Baby, and Shiba Inuattracted renewed speculative interest from short-term traders.
Podcast comments spark buying momentum
The rally gained momentum following comments made during a recent All In Podcast episode. Investor Chamath Palihapitiya pointed to a decentralized AI feat achieved on the Bittensor subnet 3. He explained that contributors used excess distributed computing power to train a $4 billion LLaMA model.
The largest decentralized LLM pre-training in history.
SN3 @tplr_ai Covenant-72B has been trained by over 70 contributors on the open infrastructure of the Internet.
Now it is discussed before @chamath with @nvidia CEO Jensen Huang.
Typical distributed and open weight training on Bittensor is… pic.twitter.com/aZZcigIyFW
— Open Sensor Foundation (@opentensor) March 19, 2026
According to Palihapitiya, the achievement was technically impressive and highly unconventional in the AI industry. His comments highlighted the network, its collaborative nature, and the developer ecosystem.
Traders interpreted this discussion as a successful presentation of Bittensor to technology leaders.
Jensen Huang responded that proprietary and decentralized AI systems may coexist. AI has been viewed as a broad market that can accommodate a variety of business models. Market participants viewed his stance as building on decentralized initiatives like Bittensor.
TAO has been developing a more consistent technical base in the past few weeks. There was a steady buildup and strengthening of the chart before the breakout which was noticed by analysts. The rally pushed the TAO index to the stable resistance level above $300. Weekly gains now exceed 15%, indicating a recovery in investor confidence.
Bittensor trading volume rises to highest level since November
Bittensor recorded a sharp rise in ecosystem trading activity this week, indicating renewed market momentum. Santiment data shows that total exchange volume on the network reached $677.06 million on Sunday, its highest level since November 7. Activity remained high after that.
The volume rose to $521.92 million today. The gradual rise indicates increased trader participation and a growing liquidity situation. Analysts view the rise as a boost to Bittensor’s bullish outlook in the near future.
Bittensor price is testing the $280 level with $320 as the next major target
As of reporting, TAO price has risen to $275, reflecting renewed bullish momentum on the 4-hour chart.
The Relative Strength Index reached 52.3, indicating neutral momentum with a slight upward bias. Meanwhile, Chaikin’s fund flow remained slightly positive, indicating small-scale capital inflows.
A decisive break above $280 could open the way towards the $300 level. Furthermore, analysts are eyeing the $320 area as the next major upside target for Bettensor’s future predictions.
On the downside, short-term support remains at 260 which coincides with the recent consolidation.
Any decline below this could put TAO at risk of falling to $240, where buyers previously intervened.
