Bittensor ecosystem tokens' value hit $1.5 billion as Jensen Huang endorsement supports TAO rally

The ecosystem's smaller tokens are acting as leveraged bets on TAO, with multiple subnet tokens posting 200-400% monthly gains. What to know : Bittensor's TAO token has surged about 90% in March, while subnet tokens in its ecosystem have rallied even more sharply, lifting their combined market value to roughly $1.47 billion. The gains are fueled in part by Subnet 3's Covenant-72B model, a permissionlessly trained large language model that posted a competitive 67.1 MMLU score, and by public endorsements of Bittensor's decentralized AI approach from Nvidia CEO Jensen Huang and investor Chamath Palihapitiya. Because subnet tokens are priced via automated market makers backed by staked TAO, they act as leveraged bets on the main network, leaving their rally dependent on Bittensor's ability to keep producing strong AI models and on potential catalysts such as a future TAO spot ETF.