ALPHARADAR · BITTENSOR INTELLIGENCE

$TAO — Morning Intelligence Report

Frozen observation
26 Sept 2026, 06:20 UTC
Publication snapshot
tao-2026-09-26-10
Source snapshot date
2026-09-26
Source timestamp
26 Sept 2026, 06:18 UTC

EXECUTIVE SUMMARY

THE OBSERVATION

Original stored publication text · legacy frozen snapshot

  1. AlphaRadar - $TAO / Bittensor Intelligence Report Report generated: 26 Sept 2026, 06:20 UTC Price moves. Data explains. $TAO $310.02 | 24h +3.83% | Vol $347.64M | Funding +0.01% | OI $25.44M
  2. What's happening under the hood of Bittensor? Coverage 13.32% | Demand 36,131.19 $TAO | Emissions 271,281.55 $TAO | Burns 33,905.46 $TAO Current state is measured separately from trend.
  3. Network breadth: 128 tracked subnets. Coverage: 42 >=25% | 2 >=50% | 0 >=75%. Top 1 demand 28.16% | Top 5 48.9% | Top 10 57.71%
  4. Price vs Network Reality AlphaRadar has 8 valid daily observations. Current network metrics are measured against that recorded history.
  5. In one sentence $TAO is +3.83% over 24h. | OI is -5.01%. | Fundamental trend is evaluated from recorded history. AlphaRadar

This page uses only the frozen snapshot for 2026-09-26. No narrative is generated when a report is opened.

MARKET

$TAO PRICE & POSITIONING

$TAO price$310.02+3.8267% / 24H
24h volume$347,640,172.82Source · CoinGecko
Open Interest$25,441,113.35-5.0082% / 24H
Funding0.01%PERPETUAL MARKETS

Spot source: CoinGecko · derivatives source: Binance USD-M Futures public API with Bybit V5 public API fallback with OKX V5 public API fallback. Each source retains its own recorded timestamp and availability.

SINCE PREVIOUS OBSERVATION

MARKET × NETWORK

Compared only with the previous eligible frozen report: 25 Sept 2026. This interval may be longer than one day.

MARKET · $TAO PRICEMoved higher
NETWORK · COVERAGE + DEMANDImproving

Market higher / Network improving

$TAO moved higher while Coverage and Demand both increased since the previous frozen report. This describes co-movement only and does not imply causation.

MARKET

$TAO price$298.51 → $310.02 +3.86%
24h volume$326,180,207.69 → $347,640,172.82 +6.58%
Open Interest$24,305,973.21 → $25,441,113.35 +4.67%
Funding rate0.0100% → 0.0100% 0 pp

NETWORK

Coverage12.3497% → 13.3187% +0.97 pp
Demand33,605.86 TAO → 36,131.19 TAO +7.51%
Emissions272,118.43 TAO → 271,281.55 TAO -0.31%
Burns32,727.45 TAO → 33,905.46 TAO +3.6%

NETWORK BREADTH · COUNT CHANGE

Improving+3 subnets
Worsening-4 subnets
Stable+1 subnets
Excluded0 subnets

TOP COVERAGE SUBNETS · MATCHED NETUID ONLY

SN51 lium.io44.5044% → 57.4354% +12.93 pp
SN36 Epago54.4752% → 53.4481% -1.03 pp
SN72 StreetVision by NATIX45.5412% → 45.5549% +0.01 pp
SN113 LongShort43.3412% → 43.3285% -0.01 pp
SN109 Finsight42.1274% → 41.6954% -0.43 pp

Descriptive comparison, not a prediction or trading signal. Emissions, Burns and breadth are shown separately and do not determine network direction.

View this date in the divergence history →

NETWORK

BITTENSOR FUNDAMENTALS

Coverage13.3187%+0.8765 PP / 1D
Demand36,131.19 TAO+6.7388% / 1D
Emissions271,281.55 TAO-0.2858% / 1D
Burns33,905.46 TAO+3.5989% / 1D

TOP SUBNETS BY COVERAGE

SN51 lium.io57.4354%
SN36 Epago53.4481%
SN72 StreetVision by NATIX45.5549%
SN113 LongShort43.3285%
SN109 Finsight41.6954%

FROZEN SUBNET ECONOMICS

SUBNET CHANGE HEATMAP

Top 10 by absolute daily change. Tiles have equal size; color and signed values show direction. These are changes in rolling 30-day metrics, not 24-hour transaction flows.

Observation: 2026-09-26 · Report cutoff: 2026-09-26 06:20:23.066 UTC

Recorded subnet source timestamp: 2026-09-26 06:20:22.744 UTC

Comparison: 1 day · 7-day and 30-day changes: N/A

Comparable frozen subnet observations are unavailable. No live values are substituted.

NETWORK PULSE

BREADTH & CONCENTRATION

Improving15SUBNETS
Worsening17SUBNETS
Stable85SUBNETS
Excluded11SUBNETS

DEMAND CONCENTRATION

Top 128.1567%
Top 548.9017%
Top 1057.7093%

EMISSION STRUCTURE

Top 212.6691%
Top 525.3937%
Top 1038.9926%

128 of 128 subnets have valid emissions.

HISTORICAL MARKET × NETWORK

PRICE TELLS ONLY HALF THE STORY

A historical chart is shown only when its complete observation series was embedded in this exact frozen snapshot. No other publication is used to reconstruct a past chart.

Historical chart unavailable: This frozen snapshot did not embed its historical series, so no chart is reconstructed. No later data is shown.

ALPHARADAR DATASET · NO HISTORICAL SERIES EMBEDDED. Missing dates and null values remain gaps; no later snapshot is used.

INTELLIGENCE

MARKET & NETWORK CONTEXT

Over the recorded 24-hour market window, $TAO price increased; network Coverage increased and Demand increased. These are separate observations from the same frozen report, not a trading signal.

DATA QUALITY

MarketComplete
FundamentalsComplete
Network qualityComplete
History at publication8 days

PROVENANCE

SpotCoinGecko
NetworkTaoRevenue public structured data
DerivativesBinance USD-M Futures public API with Bybit V5 public API fallback with OKX V5 public API fallback
Collectorhealthy

DATA YOU CAN TRACE

MISSING MEANS MISSING.

All factual values above come from tao-2026-09-26-10. The archive does not replace null or unavailable values with zero, and a report date never falls back to the latest snapshot.

Real Economy analytics remain IN DEVELOPMENT; experimental Phase 8 observations are not included.