16.10.2025 06:01

According to internet sources, the OpenTensor Foundation has reintroduced Bittensor's subnet registration process, now limiting the total number of subnets to 128. As of October 16th, this change also includes the implementation of a four-month grace period for newly registered subnets, fostering a renewed sense of competition within the Bittensor ecosystem.

The objective of this modification is to improve both the caliber of subnets and the intensity of the competition they face. This strategy may lead to a greater need for TAO tokens as a result of the increasingly competitive environment around subnet registration places.

With the reinstatement of the subnet registration and deregistration mechanism, Bittensor, guided by the OpenTensor Foundation, intends to encourage a dynamic environment where underperforming subnets are replaced by more innovative and competitive teams. Internet sources indicate this adjustment is designed to motivate subnet teams to achieve excellence or yield their positions to more deserving contenders, ultimately aiming to enhance the overall quality of the project.

Current market data from CoinMarketCap shows Bittensor (TAO) priced at $393.07, accompanied by a substantial 24-hour trading volume of $479,028,439, despite a -15.35% price change within the same period. Its market capitalization is approximately $3.97 billion, with a circulating supply of 10,098,596.72 TAO.

Coincu research, as noted by internet sources, suggests that an increased demand for TAO, driven by teams staking tokens to acquire subnet slots, could potentially impact financial dynamics. A senior developer from Bittensor stated that the updates aim to increase competition, potentially raising demand for TAO as teams stake and compete for the 128 slots.