The TAO token has surged 6% to $395, fueled by Bittensor's recent AI-driven financial forecasting demonstration and positive market sentiment. The project's expansion efforts, including the listing of Hippius on a centralized exchange and a $50,000 USDT reward pool, have further energized the ecosystem. Institutional interest is growing, spurred by Grayscale's Bittensor Trust application and anticipation of the December 2025 halving, which will reduce the daily token supply from 7,200 to 3,600. Technical analysis indicates a potential breakout from a descending triangle, with a mid-term price target of $800 if current momentum persists.