Bittensor (TAO) News Today: Why TAO Is Up – 07 November 2026
Bittensor news today centers on new estimates of subnet revenue, with TAO down 6.87% over 24 hours to $219.64. No confirmed single catalyst has been tied to today's 24-hour move. The most recent reporting points to a market-wide pullback rather than a Bittensor-specific problem. Revenue across the network is the most prominent new story. SubConnect's estimate puts annualized income from Bittensor subnets at about $70 million, roughly double the figure from two months earlier. When it first started counting two months ago, that number was $35 million. The estimate also points to about 40% growth MoM, and possibilities for over $100 million towards the end of 2026 remain high, according to the same report. These figures are estimates from a single tracker, not audited results.