Bittensor (TAO) has exploded 23.9% in the past 24 hours, reaching $188.58 as of 6:37 AM UTC on February 14, 2026, marking one of the strongest single-day performances among top 50 cryptocurrencies.
The AI-focused blockchain protocol saw its market capitalization surge by $345 million to $1.81 billion, with 24-hour trading volume reaching $176.27 million—indicating strong institutional and retail interest in the move.
Price Action and Key Levels
TAO reached an intraday high of $190.68 before pulling back slightly, establishing a trading range between $152.25 and $190.68 during the session. The token has gained 12.7% over the past week, though it remains down 33.7% from its 30-day peak.
The current price of $188.58 represents a 510% increase from TAO’s all-time low of $30.83 recorded on May 14, 2023. However, the token still trades 75.2% below its all-time high of $757.60 reached on March 7, 2024.
Market Position and Liquidity
Bittensor now holds the #43 position by market capitalization among all cryptocurrencies. With a circulating supply of 9.6 million tokens out of a maximum supply of 21 million, approximately 45.7% of TAO’s total supply is currently in circulation.
The fully diluted valuation stands at $3.95 billion, suggesting significant upside potential if the project maintains momentum and approaches full token distribution.
What Is Bittensor?
Bittensor is a decentralized machine learning network that incentivizes the production and distribution of artificial intelligence. The protocol creates a peer-to-peer intelligence market where miners contribute machine learning models and validators assess their quality, with TAO tokens serving as the native currency for rewarding contributions.
Trading Context
The surge comes amid broader market volatility, with TAO demonstrating relative strength against Bitcoin and Ethereum. The token experienced a minor 1.1% pullback in the past hour, suggesting some profit-taking after the rapid ascent.
Volume analysis shows significant accumulation, with the $176 million in 24-hour volume representing approximately 9.8% of TAO’s market capitalization—well above the threshold typically associated with legitimate price discovery.
This is breaking news. Traders should conduct their own research and consider market volatility before making investment decisions.
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About the Author: Ananya Melhotra
