There are indeed some strong AI tokens on DEX, or those yet to hit tier-one CEX listings. One of the most bullish AI-related tokens I’ve been eyeing is $TAO (Bittensor) because of what’s lining up fundamentally and technically.

The first TAO halving is set for December 12, 2025, cutting daily emissions from 7,200 → 3,600 TAO.

With roughly 10.1 M TAO already circulating (halfway to the 21 M cap), this signals a massive reduction in inflation and liquidity pressure, similar to Bitcoin’s early-cycle dynamics.

Scarcity + growing demand = potential supply shock.

On-chain data and media coverage confirm growing institutional attention:

- Grayscale filed a Form 10 for a Bittensor Trust in October 2025, a move that could shorten hold periods and open the door to regulated capital.
- TAO Synergies (Nasdaq-listed) accumulated 54 K+ TAO (~$33 M) and raised another $11 M for ecosystem plays.
- Total ecosystem treasuries now exceed $50 M, showing deep capital formation around the project.

The ecosystem expansion is equally impressive,120+ active subnets now power workloads from synthetic data to fraud detection and climate modeling, and several subnets have started generating real revenue.

One subnet publicly reported nearly $70 K/month, and another (Celium) crossed $1 M+ in five months, showing that the network’s AI infrastructure isn’t just theoretical. Conversely, it’s already earning.

With EVM compatibility on the horizon, Ethereum dApps will be able to tap Bittensor’s decentralized AI layer directly, unlocking cross-chain utility that’s rare among AI tokens.

Add to that the macro tailwind of enterprise AI adoption, and $TAO stands out as one of the few projects combining scarcity, real usage, and institutional credibility, not just narrative hype.

All the ingredients for a textbook pre-halving setup.