Bittensor Achieves Milestone of 118 Active Subnets
- Lyla Velez
- June 6, 2025
Key Takeaways:
- Bittensor achieves record with 118 active subnets.
- Significant growth in decentralized AI ecosystem.
- Institutional investment in TAO increases notably.
Bittensor, a decentralized AI network, has reached 118 active subnets, marking a significant expansion in this sector as of early June 2025.
Bittensor’s milestone highlights a crucial growth phase in decentralized AI, drawing significant institutional interest and ecosystem participation.
Expansion and Investment in Decentralized AI
Bittensor has recorded a remarkable achievement with 118 active subnets, indicating a rapid expansion. The key individuals driving this advancement include Jacob Robert Steeves, founder and technical lead, and notable contributors such as Rayon Labs. No direct statements from them have been reported, but key figures, including Miglino, CEO of DNA Fund, have openly praised decentralized AI’s potential. He describes it as potentially being “bigger than Bitcoin,” showing considerable confidence in the project’s future.
The record number of subnets reflects strong institutional backing. DNA Fund has invested $50 million in compute resources to support Bittensor’s growth, while Oblong has dedicated $7.5 million towards projects aligned with the network. These investments signal robust confidence in Bittensor’s native cryptocurrency, TAO. Ripple effects include a stronger decentralized AI network, increased TAO staking, and a likely uptick in capital inflows.
Comparison with Layer 1 Ecosystems
Bittensor’s expansion mirrors trends seen in Layer 1 ecosystems, such as Ethereum and Solana, during periods of intense development and funding. Historically, such growth has led to increased protocol revenues and developer engagement. There is anticipation around the potential financial outcomes, which could include a surge in TAO’s utilization and value. Historical trends indicate increased developer participation and revenue growth during such expansions, supported by substantial ecosystem funding and activity.
Quotes on Future Potential
“Decentralized AI is consuming everything we’re doing… I think it has the opportunity to be bigger than Bitcoin.” — Miglino, CEO, DNA Fund
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