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• Dogecoin price currently hovers near $0.15 support amid rising liquidation pressure.
• Analysts predict a rebound, targeting up to $0.48 by early next year.
• Technicals remain weak, but oversold signals hint at a possible recovery.

Dogecoin (DOGE) is at the centre of market attention as the broader crypto sector struggles to stabilise.

The popular meme coin has extended its recent losses, but some analysts believe a major rebound could be in the making.

Despite the current downturn, optimism is quietly building that the Dogecoin price could soon “burst” upward if key technical levels hold.

Market pressure builds as DOGE tests key support

The Dogecoin price has dropped 5.3% in the past 24 hours, deepening its 12.9% weekly decline.

Currently at around $0.1586, DOGE is trading dangerously close to its crucial $0.15 support zone.

The market’s overall risk-off sentiment, coupled with thin liquidity, has intensified selling pressure.

According to CoinGlass data, more than $3.94 million in long positions were liquidated on November 6, compared with just $961,000 in short positions — a rare 12,129% imbalance that sparked panic selling and accelerated DOGE’s decline.

The fallout from these liquidations has been amplified by the token’s low turnover ratio of just 7.5%.

Futures open interest has also fallen 6.8% over the past week, showing waning speculative confidence.

Traders should closely watch the funding rates, which have slipped to -0.002%, for signs of an easing bearish leverage.

Technicals hint at weakness, but setup remains intact

Technical indicators continue to paint a cautious picture.

The Relative Strength Index (RSI) stands at 32.23, placing DOGE near oversold territory but offering no definitive reversal signal.

The MACD and momentum indicators also remain in negative territory, confirming that short-term sentiment is weak.

Dogecoin is still trading below all key moving averages, including its 10-day EMA at $0.176 and 200-day SMA at $0.216, reinforcing the bearish outlook in the near term.

Even so, oversold conditions could create the foundation for a rebound.

DOGE has repeatedly found strong support around the $0.15–$0.165 range, which now represents a make-or-break level.

On the other hand, a decisive daily close above $0.1684 would be the first technical sign that downward momentum is fading.

Analysts see potential for a bullish breakout

Despite the current gloom, several well-known analysts have voiced a more optimistic outlook.

Crypto analyst Butterfly believes the Dogecoin price could soon “burst” upward from its current range.

In an X post, Butterfly noted that DOGE is hovering near the lower boundary of a symmetrical triangle on the three-day chart, a zone that has historically acted as a launchpad for rallies.

#DOGE is facing the lower boundary of the symmetrical triangle on the 3D chart👀

This zone remains a strong floor for price action — bullish pressure is mounting fast👨‍💻

Stay alert because $DOGE could totally BURST from here🚀 pic.twitter.com/DRREgBWv45

— Butterfly (@butterfly_chart) November 4, 2025

Her projection targets a potential rise toward $0.48 by the end of the year or early next year if bullish pressure continues to build.

Other analysts share similar views. Ali Martinez pointed out that the TD Sequential indicator has flashed a buy signal, suggesting a local bottom may already be in place.

TD flashes buy on Dogecoin $DOGE. Local bottom might be in! pic.twitter.com/g84k4FtO5d

— Ali (@ali_charts) November 5, 2025

Analyst Chandler argued that DOGE’s biggest rallies tend to follow sharp market reversals in the broader altcoin market, while Ether emphasised that Dogecoin’s long-term bullish structure remains intact despite short-term volatility.

Just a small observation. The biggest bull runs were usually preceded by TOTAL3/TOTAL grinding up. Then you’d get a sharp drop and a clean V-shaped recovery – and that’s when $DOGE would typically peak. Feels like TOTAL3/TOTAL is starting to trend upward again. pic.twitter.com/ueSLiDFw6r

— Chandler⚡️ (@ChandlerCharts) November 6, 2025

Dogecoin price forecast

Market sentiment remains fragile, with the Crypto Fear & Greed Index currently sitting at 24, signalling “Extreme Fear,” while Bitcoin’s dominance has climbed above 60%, pulling capital away from altcoins.

If Bitcoin maintains stability above $100,000, capital could flow back into riskier assets like DOGE.

For now, $0.15 stands as the critical line in the sand. A sustained hold above that level could pave the way for consolidation and, eventually, a move toward the $0.17–$0.20 range.

A close below it, however, might open the door to deeper losses near $0.12–$0.114.

Key takeaways

• BTC is trading above $103k, up 1.5% in the last 24 hours.
• The coin could face further volatility amid weakening institutional demand.

Bitcoin reclaims $103k

The price of Bitcoin has been trading around $103k over the last few hours after rebounding from the $100k key support level on Wednesday. The short-term recovery is marred by the weakening institutional demand, as spot Bitcoin Exchange Traded Funds (ETFs) recorded $137 million in outflows on Wednesday, bringing their losing streak to six days.

Furthermore, on-chain data reveal that Bitcoin could face further selling pressure if the $100k psychological level fails to hold. In its report on Wednesday, CryptoQuant noted that Bitcoin’s price is currently hovering near critical support levels, a breakdown of which could trigger a sharper market correction.

The report added that if Bitcoin faces enough selling pressure in the near term, it could lose its $100k support level and dump towards the next major psychological level at $72k. 

Bitcoin could retest the $100k support level

The BTC/USD 4-hour chart remains bearish and efficient after Bitcoin faced rejection around its previously broken trendline earlier this week and declined 8.18% on Tuesday. The dip saw Bitcoin retest the 50% retracement level at $100,353 before reclaiming the $103k level on Wednesday.

At press time, Bitcoin is trading around the $103k region. The RSI of 38 means that Bitcoin is still facing selling pressure, with the MACD lines also within the bearish region. 

If the support level at $100,350 holds, Bitcoin’s price could rally towards the next resistance level at $106,435 over the coming hours and days. An extended bullish run would allow Bitcoin to reclaim its weekly high above $109k.

However, if the support level fails to hold, Bitcoin could extend its decline toward the next daily support at $97,460. Further downward movement would see BTC trading below $90k for the first time in six months.

• Monero price rose 9% to reach to high of $378, the highest level since June.
• Privacy coins Zcash, Decred also jumped as Bitcoin, Ethereum struggled.
• The technical picture suggests Monero could rally to a new all-time high amid fresh momentum.

As top cryptocurrencies struggle amid widespread sell-off, Monero (XMR) is among coins seeing a decent uptick.

While Bitcoin hovers below $103,000 and most altcoins are bleeding red, XMR is up 9% in 24 hours on swelling volume.

The catalyst? A resurgent privacy coin sector that has seen Zcash explode amid gains for Dash and Decred, among others.

Monero price climbs 9% to five-month peak

The privacy coin has gained by more than 9% in the past 24 hours to hit levels not seen since early June.

Indeed, XMR traded at highs of $378 on November 5, 2025, having jumped from lows of $326.

Monero is now up 128% in the past year, lagging Zcash at 1,120% but notably outpacing Ethereum’s 36% and Bitcoin’s 49%.

The latest XMR price breakout began in Asian hours on Tuesday when XMR punched through the $337-$346 congestion zone that had capped rallies since June.

Buyers stepped in aggressively at the 50-day EMA above $302 on Oct. 21, turning what looked like a retest into a key support level.

After Monero bulls cleared $350, the rally to $378 was on. This triggered a cascade of short squeezes on perpetual futures platforms, with more than $391,000 in leveraged positions liquidated in the past 24 hours.

Meanwhile, the token’s 24-hour volume spiked 19% to $265 million.

The move has lifted XMR’s market cap to $6.72 billion, ranking it 21st on CoinMarketCap.

Can Monero extend rally to new all-time high?

Technically, the daily chart is screaming continuation. XMR has printed a textbook high at $339 and is now challenging the 0.786 Fibonacci retracement level of the May-August swing at $378.

A decisive close above that level will bring $400 into play and expose the 2021 cycle high of $517.

The daily chart also shows that momentum oscillators are largely bullish.

On the above chart, we can see the daily RSI at  64. While its near the overbought line, its not yet into the territory and could rise further before it hits 70.

Elsewhere, the MACD has the histogram positive and expanding histogram following a bullish crossover.

The signal-line crossover offers early confirmation and any potential catalyst could help XMR price through the $400 psychological barrier.

What’s the XMR price long term picture?

On a long term outlook, Monero is tracing the same pattern that preceded its 2021 parabolic leg: a multi-month base then breakout.

With privacy coins back in the limelight and Monero having survived bearish scenarios before, it looks like the current momentum allows bulls to aim for the ATH and beyond.

However, analysts say crypto could see some choppy trading in the coming months.

• Aster price jumped above $1 on November 5, 2025, defying the broader crypto market trend.
• Bulls could eye $2 if the price holds above the psychological level.
• The macro environment may play a key role in Aster’s price recovery or dump.

ASTER, the decentralized perpetual and spot trading exchange, Aster’s native token, is up double digits to currently hover above $1.

This is even as the broader crypto market battles widespread sell-off pressure amid a 3% decrease in global cryptocurrency market capitalisation.

Notably, ASTER price has jumped by more than 15% to intraday highs of $1.06, with bulls reclaiming the psychological $1 mark amid a 17% spike in daily volume.

Bulls take charge as Aster price reclaims $1 level

The gains see the DEX platform’s native token buck the trend across the broader market.

A crypto rout in the past 48 hours saw Bitcoin crash to below $100K, and over $1.7 billion leveraged positions liquidated in 24 hours.

But Aster’s market cap is up 15% to over $2.07 billion as of the time of writing.

Aster’s surge despite the broader weakness follows the recent vertical swing that had bulls jumping from lows of $0.91 to above $1.24 on November 2, 2025.

While bears recouped the advantage, that price swing benefited from an uplifting sentiment tied to Binance founder Changpeng Zhao’s purchase of 2.09 million ASTER tokens.

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD

— CZ 🔶 BNB (@cz_binance) November 2, 2025

Zhao’s post catalysed a bullish flip that sent the Aster price soaring, with daily volume popping tenfold as buying pressure mounted.

However, that upside momentum hit the rocks as cryptocurrencies plummeted alongside stocks amid macro headwinds.

Crypto exploits across decentralized finance did not help bulls, and ASTER price sank to lows of $0.83 on Nov. 4.

Is ASTER poised for a retest of $2?

As noted, this altcoin’s price fell to lows of $0.83 this week, with this also a key support zone as seen when prices plunged in late October.

Decline in sentiment as Bitcoin and Ethereum suffered amid a crypto bloodbath threatened a breakdown to $0.75.

However, bulls have recouped the recent losses and are back above $1, a key level that buyers have retested in the past 24 hours.

Gains have come amid a 12% spike in daily volume, with $1.56 billion traded in the past day as heightened buying helps ASTER hold above the psychological level.

On the charts, price remains in a downtrend. Have a look below.

Yet the breakout from a falling wedge pattern and strength on retest suggest bulls may have a short-term shot of targeting $1.55.

This area marked a local top in mid-October, and above it lies the $2 mark.

While the relative strength index is slightly sloped near 52, it remains above the neutral mark.

Similarly, the MACD indicator on the 4-hour chart signals a bullish crossover.

• Bittensor’s token plunged 16% in 24 hours to hit lows of $389.
• Losses for the top artificial intelligence coin came amid profit-taking following a recent spike.
• Fed’s hawkish stance, the Balancer exploit, and AI-capital rotation has fueled risk-off sentiment.

Bittensor’s native token, TAO, has tumbled 16% over the past 24 hours, dipping to lows of $389 as it outpaced the artificial intelligence sector’s overall decline of 9%.

Losses for Bittensor came as Bitcoin slipped to near $100,000, and the total market capitalization dropped to under $3.4 trillion.

While analysts remain bullish for BTC and the broader market, investors are grappling with a confluence of macroeconomic pressures.

Sector-specific headwinds are also in play and could add to declines driven by panic selling.

Bittensor’s TAO plunges amid profit-taking

Bittensor is a decentralized machine learning protocol that incentivizes collaborative AI model training through its blockchain.

The native token TAO’s price has outperformed recently, tapping into gains for AI-related stocks like Nvidia.

However, the token’s value cratered to $3.89, marking a 16% intraday loss.

Bulls have attempted a recovery, but the price hovers at $400, down from highs of $488.

Meanwhile, trading volume surged 17% to $712 million, a scenario that reflects the heightened panic selling.

Like across the broader market, this comes as retail and institutional holders liquidate positions on jitters around the waning AI-driven rally.

The plunge appears exacerbated by profit-taking following the launch of Europe’s first staked TAO exchange-traded product (ETP) by Safello.

It initially sparked a major rally, but bulls have since failed to sustain momentum.

Broader crypto market sell-off

The cryptocurrency ecosystem has suffered a substantial loss, with over $250 billion evaporating in market value within 24 hours, culminating in a 5.8% contraction in overall market capitalisation to $3.4 trillion.

Bittensor’s underperformance against Bitcoin, down 6% to near $100,000, and top altcoins, in relative terms, highlights TAO’s vulnerability in a risk-off environment.

#BTC is at a critical level.

Multiple closes below the 50W would confirm the top being in as it always has each cycle.

Regardless of whether the top is in, or if we go slightly higher, I still think 2026 will be a bear market, just like all prior midterm years. pic.twitter.com/4T9fAsQchs

— Benjamin Cowen (@intocryptoverse) November 4, 2025

Sentiment is in the fear zone.

This outlook sees Ethereum down 8% to $3,340, breaching key support at $3,550 and erasing 18% over the week.

Solana and XRP have also posted key losses, and liquidations across derivatives markets exceeded $1.13 billion.

A lot of the downbeat sentiment is the reaction to Federal Reserve officials’ remarks that have cut bets for a December rate cut.

Meanwhile, Wall Street jitters have seen US spot Bitcoin and Ethereum ETFs log four consecutive days of outflows.

The Balancer crypto hack incident also dented sentiment.

“The latest $128M Balancer exploit is a reminder of something fundamental: most smart contracts today rely on audit-based hope. Developers write complex code, auditors review it, and everyone hopes there are no hidden logic flaws. But hope isn’t assurance,”Bitcoin finance platform Blockstream noted on X.

 

Key takeaways

• BAL is down 12% in the last 24 hours and has dropped below $0.9.
• The coin could retest the April 8 low of $0.739 if the bearish trend persists.

BAL sinks below $0.85 following Balancer hack

BAL, the native coin of the Balancer platform, has lost 5% of its value in the last 24 hours, making it one of the worst performers in the market. The bearish trend comes after Balancer, a DeFi protocol, suffered a major exploit on Monday, losing roughly $110 million in digital assets. 

According to reports, the stolen funds include osETH, WETH, and wstETH. The attacker drained 6,850 osETH, 6,590 WETH, and 4,260 wstETH from the Balancer platform. The security tool Decurity revealed that the hack occurred due to a faulty access control in its “manageUserBalance” function.

manageUserBalance in @Balancer has a faulty access check

In _validateUserBalanceOp it checks msg.sender against user supplied op.sender. It allows to execute UserBalanceOpKind.WITHDRAW_INTERNAL (kind = 1) https://t.co/UBUdD8RGsa pic.twitter.com/KlaYPv56bf

— Defimon Alerts (@DefimonAlerts) November 3, 2025

The vulnerability allowed the attacker to trigger internal balance withdrawals from Balancer’s smart contracts without proper permissions.

BAL could slip below $0.8 if the selloff continues

BAL has lost 12% of its value since the report of the hack on Monday, with the coin losing a crucial daily support level at $0.915. The BAL/USD 4-hour chart has switched bearish and inefficient following the swift selloff recorded by the pair.

The technical indicators are also bearish, suggesting heavy selling pressure. The RSI on the daily chart reads 43, below the neutral 50 and in a bearish zone. The MACD lines also crossed over into the negative zone over the weekend, suggesting a bearish bias.

After dropping below the $0.9150 support, the bulls would need to defend the next major resistance level at $0.735. This support level has held since April 8, and failure to defend this could trigger a yearly low for BAL.

However, if BAL recovers from this selloff, it will need to push above the support-turned-resistance level of $0.9150 over the next few hours or days. This would allow it to push above $1.0 psychological level once again.

• Solana spot exchange-traded funds saw net inflows of over $70 million on November 3, 2025.
• The SOL spot ETF inflows hit a new daily high despite the token’s price dip.
• Bulls target a flip to $200, but failure could push price to the psychologically important $100 mark.

While Solana price traded lower, exchange-traded funds (ETFs) tied to the token continued to attract significant investor interest.

On November 3, 2025, amid broader market uncertainties, Solana spot ETFs achieved $70 million in net inflows.

The mark was a record-breaking daily high that came as both Bitcoin and Ethereum spot ETFs witnessed notable outflows.

Solana spot ETFs see $70 million in daily inflows

Solana spot ETFs experienced a surge in inflows, reaching a new daily high of $70 million on November 3, 2025.

Meanwhile, the SOL token fell to a low of $166 on Monday and extended its decline to $155 by November 4.

Price declines reflect broader market jitters, possibly influenced by macroeconomic factors, including interest rates.

According to on-chain data, a significant number of bullish bets were liquidated amid the rot.

🚨New: As $SOL dipped below $165, Onchain protocols on Solana recorded $177 million in long positions liquidated, while centralized exchanges saw an additional $153 million worth of positions wiped out. pic.twitter.com/5MS5yTtNBW

— SolanaFloor (@SolanaFloor) November 3, 2025

Despite the ongoing dip in the price of SOL, the Solana spot ETFs are seeing an influx of capital.

That’s in contrast to the trends observed in Bitcoin and Ethereum ETFs.

On November 3, Bitcoin spot ETFs recorded net outflows of $187 million, marking the fourth consecutive day of capital withdrawal.

Similarly, Ethereum spot ETFs saw $136 million in net outflows, also extending to a fourth straight day.

In comparison, Solana spot ETFs posted $70.05 million in net inflows, with this the fifth consecutive day of positive flows for the top 10 altcoin.

Inflows highlight investor confidence in Solana’s ecosystem.

A higher proportion of the inflows flowed into Bitwise’s BSOL ETF, which accounted for $66.5 million of the total. Grayscale’s GSOL saw $4.90 million.

Overall, US Solana spot ETFs have attracted a total of over $269.2 million in net inflows and over $513 million in net assets.

Solana’s ability to attract funds despite price weakness indicates a maturing investor base that prioritizes long-term potential over short-term fluctuations.

SOL price outlook

As of November 4, 2025, SOL is trading near $161, down 8% in 24 hours.

This comes as bears push it further off its recent high above $200 at the end of October.

Over the past week, the token has declined by about 20%, and by 30% in the past month amid heightened downward pressure.

This short-term downturn extends October’s downturn and threatens to wipe out gains seen between April and September.

At the time, SOL prices jumped from lows of $105 to near $250.

While bullish forecasts see SOL hitting new all-time highs before the end of 2025, cautious expectations indicate a potential retest of lower levels before bulls take control.

• The feature applies to more than 150 perpetual futures markets available to European users.
• The exchange operates under MiCA and MiFID II regulations, with oversight from Ireland and Cyprus.
• Kraken’s third-quarter revenue rose by 50% to $648 million following its acquisition of NinjaTrader.

Kraken has expanded its regulated derivatives offering in the European Union, allowing traders to use Bitcoin, Ethereum, and approved stablecoins as collateral for perpetual futures on Kraken Pro.

Announced on 3 November, the move makes Kraken one of the first licensed exchanges in Europe to support crypto-collateralised derivatives under the Markets in Crypto-Assets (MiCA) framework.

The feature strengthens Kraken’s position in Europe’s digital asset market by combining capital efficiency with regulatory compliance.

By allowing clients to post crypto assets instead of converting them into fiat, the exchange provides faster access to liquidity while remaining under strict oversight from European regulators.

Crypto as margin on Kraken Pro

European traders can now use Bitcoin, Ethereum, or select stablecoins as margin across more than 150 perpetual futures markets.

Collateral is converted to USD for liquidation and margin calculations, standardising risk management while maintaining crypto exposure.

Kraken’s operations are covered by its MiCA licence from the Central Bank of Ireland and supervision by the Cyprus Securities and Exchange Commission.

The exchange uses volatility-based margin haircuts to manage exposure to price swings. All custody arrangements comply with the Markets in Financial Instruments Directive II (MiFID II), ensuring full investor protection under European law.

The feature allows traders to access up to 10x leverage using crypto collateral. It reflects Kraken’s ongoing strategy to align its trading products with Europe’s unified digital asset rules ahead of MiCA’s full rollout in 2025.

A shift in EU derivatives

Kraken’s expansion comes at a time when Europe is tightening oversight of crypto products while promoting innovation through consistent regulation.

By offering crypto-collateralised futures under direct supervision, the exchange positions itself at the forefront of compliant derivatives trading in the EU.

The integration benefits institutional and retail traders seeking efficient and legally sound ways to trade leveraged crypto products.

Hedge funds and corporate treasuries can now operate within clear regulatory limits, signalling the increasing maturity of Europe’s digital derivatives market.

This move also strengthens the region’s financial infrastructure. Transparent liquidation procedures and regulated custody standards align digital assets with traditional financial norms, helping reduce risk and improve trust.

As other licensed exchanges follow Kraken’s lead, the EU could become a global hub for compliant digital asset trading.

Growth supports expansion

The announcement follows a strong financial quarter for Kraken. The exchange reported revenue of $648 million in the third quarter, a 50% rise from the previous quarter.

The increase was driven by higher trading volumes and new product integrations following the acquisition of NinjaTrader, a futures and forex trading platform.

This momentum underlines Kraken’s ability to grow while maintaining regulatory standards. By embedding compliance into its strategy, the company is building credibility and scale in an increasingly regulated environment.

As MiCA rules continue to take effect, exchanges that prioritise both innovation and compliance are expected to capture greater institutional interest.

Kraken’s integration of crypto collateral into a regulated derivatives framework demonstrates how digital assets can function securely within Europe’s financial system.

The development marks a shift from speculative trading to a more structured market, where transparency and protection guide participation.

For the European Union, this represents progress toward establishing a regulated, sustainable, and globally competitive digital asset economy.

• The moved assets included StakeWise Staked Ether (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH).
• In September 2023, Balancer suffered a phishing attack that resulted in a loss of about $238,000.
• A separate August exploit drained nearly $1 million after a vulnerability was found in Balancer’s liquidity pools.

A suspected exploit involving nearly $70 million worth of digital assets has once again placed Balancer, one of Ethereum’s leading decentralised exchanges, under scrutiny.

The incident has reignited debate over the security of decentralised finance (DeFi), where transparency and automation often coexist with deep structural vulnerabilities.

It also shows how core DeFi features such as permissionless access, open-source code, and composable smart contracts can quickly turn into liabilities when targeted by skilled attackers.

For Balancer, the breach adds to a growing record of cyber incidents that are reshaping risk perceptions across digital finance and prompting calls for stronger, coordinated defences across the DeFi ecosystem.

$70 million in Ether-linked assets transferred to new wallet

Blockchain records on Etherscan show that $70.9 million in assets were moved from Balancer liquidity pools to a newly created wallet via three transactions.

Data from analytics firm Nansen identified the transferred assets as 6,850 StakeWise Staked Ether (OSETH), 6,590 Wrapped Ether (WETH), and 4,260 Lido wstETH (wSTETH).

On-chain analysts began tracking the wallet’s behaviour, observing similarities to previous DeFi drain patterns.

Blockchain security firm Cyvers reported that up to $84 million in suspicious transactions across multiple chains may be linked to Balancer.

The firm is currently analysing whether the transfers were coordinated through smart-contract vulnerabilities or facilitated by an external exploit exploiting inter-protocol liquidity flows.

History of attacks at Balancer

In September 2023, the protocol’s website was compromised through a domain name system (DNS) hijack that redirected users to a phishing interface.

Hackers executed malicious smart contracts designed to capture private keys and drain funds, resulting in losses of approximately $238,000, according to blockchain investigator ZachXBT.

Just a month earlier, in August, Balancer reported a stablecoin exploit that cost liquidity providers nearly $1 million.

That incident occurred shortly after the team disclosed a “critical vulnerability” affecting certain liquidity pools, which had been partially mitigated but remained exploitable in specific configurations.

The recurrence of incidents within such a short timeframe suggests that DeFi’s open-source nature, while fostering innovation, also provides attackers with an evolving blueprint to target protocol weaknesses.

These breaches demonstrate that security audits alone are insufficient without continuous on-chain monitoring and real-time risk mitigation systems.

DeFi’s security paradox

The Balancer case illustrates a paradox at the heart of decentralised finance.

By removing intermediaries, protocols achieve transparency and autonomy, while also eliminating the possibility of intervention when funds are misappropriated.

Unlike centralised exchanges that can freeze or reverse transactions, DeFi protocols operate on immutable smart contracts.

Once exploited, losses are permanent and typically unrecoverable.

This structural rigidity has drawn criticism from institutional investors who view such vulnerabilities as barriers to large-scale adoption.

In response, some DeFi projects have introduced layered defences such as decentralised insurance pools, advanced audit frameworks, and formal verification of contract code.

However, these measures remain inconsistent across the ecosystem.

Balancer’s repeated security issues may therefore serve as a case study in how liquidity incentives and composability can amplify systemic exposure.

As DeFi protocols become more interconnected through shared token standards and cross-chain bridges, a single compromised smart contract can trigger cascading financial risks across multiple platforms.

• Bittensor’s native token TAO has surged 18% to $490.
• The altcoin has outpaced other top gainers amid a broader market uptick in AI-related projects.
• Bulls have eyes on a breakout above $500.

Bittensor’s TAO token has experienced a sharp rise, climbing double digits to hover just shy of the $500 psychological barrier.

The TAO price had hit an intraday high of $490 at the time of writing.

The move has driven TAO to the top of daily gainers lists, surpassing even privacy-focused coins like Zcash, which had jumped 15% in 24 hours.

ETP hype and AI traction help Bittensor price

The latest catalyst for TAO’s ascent traces directly to institutional advancements.

In particular, as analysts continue to ponder whether the decentralized AI project has the potential to flourish into the Nvidia of crypto. More on this later.

More of the latest gains for TAO come after the October 29 announcement of the world’s first staked Bittensor Exchange Traded Product (ETP).

Deutsche Digital Assets and Safello launched the ETP, which went live as fresh digital asset investment product hype resurfaced.

Bittensor’s growing network and the ETP rollout seem to have come just at the right time for the project- hence TAO’s price gains.

Secured by BitGo Europe and domiciled in Liechtenstein, the product bridges traditional finance with decentralized AI, potentially unlocking billions in European institutional capital previously sidelined by regulatory hurdles.

What’s next for TAO price?

TAO’s price outlook is predominantly bullish. That’s despite it being tempered by inherent crypto volatility and macroeconomic headwinds in the short term.

A sustained close above $500 could catalyse a breakout to $700.

These are the highs seen in December 2024, and above that, bulls will be targeting a new all-time high.

In March 2024, bulls reached the all-time peak of $767.

Crypto analyst Dread Bongo shared this outlook about the token.

This top band on $TAO should act like a magnet here..

– Broken out of year long downtrend
– First ever #Bittensor Halving in 40 days
– Subnet products going live
– Major ecosystem upgrades coming
– Alpha’s bottomed out
– Huge subnet partnerships and developments

People are now… pic.twitter.com/rH9hJwPGcY

— ＤＲＥＡＤ ＢＯＮＧＯ (@DreadBong0) October 31, 2025

Nvidia of crypto?

Data from CoinGecko shows that the artificial intelligence token category is marginally lower, with a 1.2% dip in total market capitalisation.

Top AI-linked cryptocurrencies such as NEAR Protocol, Internet Computer, Story, and Render have posted 24-hour gains of 2–4%.

Bittensor (TAO), however, has outperformed the group, surging 18% in the past day to maintain its position as the largest AI token by market cap at $4.69 billion.

The rally in Bittensor comes amid renewed investor enthusiasm for artificial intelligence, fueled by gains in AI-focused equities following recent developments from Nvidia and Microsoft.

Yet as investment in Bittensor funds further validates traction, whale accumulation and halving sentiment may be huge catalysts to watch.