Bittensor Surges 34% in a Week, Hitting Key Resistance!

Bittensor's price is skyrocketing, flirting with a crucial trend line resistance after a jaw-dropping 34% surge in just one week. The AI market's bullish vibes are fueling this wild ride, and buyers are all in!

On July 16, the Bittensor (TAO) token was trading at a sizzling $438, up 2% from the previous day. The heat is on, folks!

With these massive gains, the bulls are chomping at the bit for a major breakout. The stage is set for an epic surge!

But wait, TAO isn't the only AI coin making waves. NEAR Protocol, Internet Computer, Render, and Artificial Superintelligence Alliance are all riding the wave, posting gains amid a global frenzy for AI.

NEAR Protocol soared nearly 5% to $2.67, while Internet Computer leaped 3% on Wednesday to hit $5.52. The launch of early access to CaffeineAI gave ICP an extra boost!

Render and Artificial Superintelligence Alliance weren't far behind, with prices up 5% and a whopping 8% in the last 24 hours, respectively.

Google Searches for TAO Hit the Roof!

The AI frenzy isn't just in the markets; it's everywhere. Tech giants Google and Meta are pouring billions into AI, and it's got everyone buzzing.

One analyst says Bittensor is at the forefront of this AI mania. Google Trends shows searches for Bittensor are off the charts, with China hitting a mind-blowing "100/100 signal strength."

Bittensor's price is gunning for $500 and could even shoot for the stars at $1,000 to $1,800. The excitement is building for an upcoming network boost when swaps between SOL and TAO go live. Soon, Solana users will be able to dive into a new bridge to swap TAO and SOL.

We're just hours away from opening the doors to our $SOL communities and retail traders into the $TAO ecosystem! @v0idai #SN106 will power the bridge, enabling swaps between SOL chain and TAO + subnet alpha. Stay tuned for more info for those new to the subnet...

While decentralized AI is stealing the spotlight for tokens like TAO, there's another big catalyst on the horizon: the regulatory landscape.

The "crypto week" buzz has investors hungry for market clarity as U.S. lawmakers push for crucial blockchain and crypto regulations.

And let's not forget, President Donald Trump has declared that America is poised to become the crypto capital of the world. Buckle up, folks, it's going to be a wild ride!