Bittensor has entered June trading around $420, following a volatile May filled with bullish rallies and corrective moves. The TAO price started last month at roughly $200 before surging past $450 by mid-May. However, after struggling to hold above resistance near $470, the token pulled back and entered a consolidation phase.
As of June 1, TAO is showing signs of cooling off, with the latest daily candle closing in the red. The big question now is where the price could head next. But first, here’s a look at what moved TAO in May.
What you'll learn 👉
What Drove Bittensor Price in May?
Several factors contributed to TAO’s price growth in May. The broader AI token market saw a dramatic rise in value, with the combined market cap of the top 20 AI tokens jumping from $4.5 billion to $21 billion. Bittensor led the sector by market cap, attracting increased attention from traders and institutional buyers.
Been buying $TAO whenever I’ve had extra funds since last year.
— Kaki Kripto 🇲🇾 (@KakiKripto) May 31, 2025
Now Grayscale confirms it, AI tokens grew from $4.5B to $21B market cap in just over a year.
Bittensor is leading the charge as the top AI crypto project. pic.twitter.com/5HYNnKeF3M
TAO’s network growth also played a role. By the end of May, it had processed over 5.6 million blocks and reached 266,000 accounts, with more than $174 million in trading volume. Subnet 10, in particular, gained traction due to its use in powering Sturdy v2, a DeFi protocol.
The project saw strong developer engagement across multiple subnets, while institutional interest also grew. Safello, a Swedish broker, purchased 469 TAO using part of its Bitcoin holdings, reinforcing long-term interest in the token. Many users opted for root staking, which helped reduce circulating supply and sell pressure.
What Could Influence TAO Price in June?
Several developments are expected to shape TAO price performance in June. A key driver could be the anticipated “subnet season,” expected to begin within six weeks of May 19. Traders are watching closely for renewed activity in Subnet 69 and other meme-oriented or utility-driven subnets.
The Paris conference may bring new announcements, and macro conditions such as a dovish Federal Reserve could also boost sentiment. LayerZero and dTAO integrations are nearing completion, potentially bringing cross-chain liquidity and broader access to the TAO ecosystem.
As usage grows on Subnet 10, which powers autonomous DeFi logic, demand for TAO emissions may increase. Community attention and social media activity remain strong, which could keep TAO in the spotlight throughout the month.
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AI Predictions for TAO Price in June
We asked ChatGPT to analyze TAO chart structure, network activity, and market signals to generate three possible price scenarios for June.
Bearish Scenario
If broader crypto markets correct or if subnet momentum slows, TAO could drop toward the $340 to $375 range. A key support level sits around $385, which has previously attracted strong buying.
Neutral Scenario
If TAO price holds above $405 and subnet engagement continues at a steady pace, the price may range between $450 and $480. This would reflect a period of consolidation with mild upward pressure.
Bullish Scenario
Should the subnet season kick off strongly, and if integrations with LayerZero or new DeFi products attract more users, Bittensor price could rally. In this case, the price could spike to $550 or even $600, breaking past its previous high.
While TAO’s momentum slowed at the end of May, the network’s fundamentals and upcoming catalysts provide several paths for price movement in June. All eyes are now on whether the ecosystem activity can translate into another breakout.
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