Key highlights:
is also showing some improvement. TAO’s market capitalization climbed from roughly $1.93 billion to about $2.08 billion before easing slightly. The increase happened alongside price stabilization near the current range instead of another large sell-off.
Price and market capitalization have been moving together, indicating fresh capital has been entering the market instead of simple price fluctuations caused by low liquidity. Another statistic still deserves attention. TAO remains more than 71% below its all-time high based on drawdown data.
Even after the latest recovery attempt, the token continues trading roughly 72% below its record levels. Markets at these drawdown levels often attract investors looking for higher-risk recovery opportunities. They also carry elevated downside risk if support eventually fails.
Easier access could support the TAO price
Fundamentals are also improving. Alchemy Pay has added TAO to its fiat on-ramp service, allowing eligible users to purchase Bittensor directly using traditional payment methods such as bank transfers and payment cards instead of buying stablecoins first and swapping into TAO.
That may sound like a small change, but easier access removes one of the biggest obstacles for new users entering the Bittensor ecosystem. Availability still depends on local regulations, payment methods, regional licensing, transaction limits and Know Your Customer requirements. Even so, reducing friction often helps improve liquidity over time.
The TAO price will not move higher simply because another payment provider lists the token. Demand still depends on how much activity continues inside Bittensor’s decentralized AI network and how many users decide to participate through staking, subnet activity and other ecosystem functions.
Can the TAO price break higher this week?
The technical picture is becoming more balanced than it was earlier in the summer. Momentum indicators have improved. Market capitalization has expanded modestly. New fiat access through Alchemy Pay could gradually make the network easier to access for new participants.
None of those developments erase the broader downtrend. The most important level remains the 100-period moving average around $215.6 on the 4-hour chart. Clearing that resistance would put $225 into focus, followed by $250 if buying activity continues building.
Failure to hold the current support zone would place attention back on $200, with $186 remaining the next major downside level.
According to CoinCodex’s 1-month TAO price prediction, the price could trade around $161.68 over the next month, pointing to the possibility of a deeper pullback if buyers fail to reclaim the $225 resistance and build enough momentum to challenge the $250 trend-breaker.
For now, the TAO price is sitting near one of its biggest decision points in months. The coming sessions should reveal whether improving momentum can finally interrupt the multi-month bearish trend or whether sellers still have enough control to extend the decline further.