Bittensor may be down almost 20% during the past year, but it has several strong catalysts lined up for 2026. As long as the demand for everything AI-related remains strong, Bittensor should see strong price appreciation for years to come. Planned Bittensor ETFs could stoke new demand from retail and institutional investors. To get started, it’s helpful to chart the performance of artificial intelligence coins during the past year.
Yes, the chart is ugly—but it helps to see which coins are moving in lockstep with each other, and which ones might be capable of breaking away from the pack in 2026. Based on the chart above, which shows the relative performance of the top 10 AI coins by market cap, it’s easy to see that two names – Bittensor TAO and Virtuals Protocol VIRTUAL – stand head and shoulders above the rest. Bittensor is down about 19% during the past year, while other AI coins are down 43% or more. While Virtuals Protocol has actually outperformed Bittensor during the past 12 months, it can still be hard to find on the most popular cryptocurrency exchanges.
For example, Coinbase Global COIN does not list the token for trading. For that reason, I’m focusing on Bittensor. Bittensor is a blockchain-based AI network founded in 2019 that is currently based in Toronto, Canada. While it may not be widely known to a U.S. investor base, Bittensor now ranks as the No. 1 AI coin by market cap (and the No. 35 cryptocurrency overall), so it’s definitely worth putting on your investment radar for 2026. Moreover, Bittensor has an extremely small circulating coin supply: just 10.5 million coins right now, and a limited lifetime supply of just 21 million coins.
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