Thursday, November 5, 2026Daily EditionIndependent journalism
BeCrypto NewsIndependent digital asset reporting
BTC $80,319 +2.39%ETH $2,416.84 +3.95%SOL $96.60 +3.45%XRP $1.32 +2.07%BNB $715.14 +1.90%DOGE $0.0769 +2.36%Prices: CoinGecko,
Altcoins & DeFi

TAO crypto on the rise? Here’s how Bittensor subnet revenue 2x-ed to $70M!

Image: AMBCrypto

Bittensor [TAO] has had a good day over the last 24 hours. A really good one, actually. What's going on behind the scenes? Bittensor subnets hit $70 million in annualized revenue Part of the excitement might just come down to money really being made on the network. SubConnect recently estimated that they’re bringing in about $70 million a year. When it first started counting two months ago, that number was $35 million. Last month, it was close to $50 million. So, that’s about 40% growth MoM; 2x from the starting mark. Therefore, possibilities for over $100 million towards the end of 2026 remain high. The subnets have been busy too. In the last week of October alone, 18 of them shipped something new.

Read the full story on AMBCrypto

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to AMBCrypto.

Latest in Altcoins & DeFi

All Altcoins & DeFi stories