10x Research: Bittensor subnet staking surpasses $600 million, potentially driven by strong momentum from AI narratives.

PANews reported on March 28th that research firm 10x Research published an article on its X platform pointing out that Bittensor (TAO) is experiencing strong momentum driven by both AI narratives and ecosystem expansion. TAO's current price has risen above both the 7-day and 30-day moving averages, presenting a double bullish signal from a technical perspective. It has seen a 19.8% increase in the past week, with subnet staking exceeding $620 million and the number of active subnets expanding to 128. In related news, Nvidia CEO Jensen Huang mentioned Bittensor on a well-known podcast, and Grayscale reiterated this week that the Bittensor Trust private placement is now open to accredited investors, further strengthening institutional endorsement.