3 Bittensor Subnet Tokens You Won’t Believe Are Gaining This Much

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Bittensor’s (TAO) subnet ecosystem is catching everyone’s eye lately. In a market that’s all over the place, it’s putting on a show. The market cap? It’s soaring like a hot air balloon at a festival. And don’t even get me started on the subnets—up by a whopping three times in just a year. Currently, there are 95 subnets out there doing their thing. Impressive, huh?

Now, here’s the fun part: the top three subnet tokens—Chutes (SN 64), Gradients (SN 56), and Targon (SN 4)—are making some serious noise. They’ve all posted solid monthly gains. Sure, the momentum slowed down a little, but hey, fundamentals and community support don’t vanish overnight. They’re still rocking it.

Chutes

Ah, Chutes. A serverless AI compute subnet, and frankly, it’s the cool kid on the block. Want to deploy AI models without all the messy infrastructure? Chutes has your back. You can either go full-on platform mode or use an API if you’re feeling fancy.

So, how’s it doing? Well, the token’s price shot up by about 170% in just one month. That’s some serious rocket fuel. It’s been rallying since late March, with its market cap now strutting past the $100 million mark. Impressive for a subnet that doesn’t even need a server. At least it’s got that going for it.

“Bittensor TAO has its first $100 million subnet, just 9 weeks after dTAO launch. Congrats Chutes (SN64)! Chutes is ‘serverless AI’ providing ‘instant on’ AI model hosting (DeepSeek, Mistral, etc.) for 85% less cost than AWS,” a user enthusiastically shared on X.

But, of course, every high has its low. Since mid-April, Chutes has been trading a little more quietly, with a slight dip in price. At press time, it’s sitting at $115.4 (0.35 TAO), down by 12.1% in the past week. Oh well, no one’s perfect. Still, a market cap of $93.7 million is nothing to sneeze at.

Chutes is actually one of three subnets developed by Rayon Labs, alongside Gradients and Nineteen. Spoiler alert: Gradients is next.

Gradients

Introducing Gradients, the subnet for AI model training that’s simpler than your morning coffee routine. It leverages Bittensor’s decentralized infrastructure, making it easier than ever to train AI models—no PhD required.

Wanted a comparison? Here you go.

TLDR: Gradients is cheaper AND better.

Google Vertex? Great performance but at a killer price per hour. TogetherAI? Doesn’t even come close.

v3 is out, folks. Get with the program.

— Rayon Labs (@rayon_labs) April 15, 2025

And here’s a fun fact: Gradients has seen its price soar over 550% in the last month. That’s some serious momentum. Talk about a major power move!

“Gradients has pumped 500%+ in just a couple of weeks,” one analyst pointed out on April 2.

But, as always, it’s not all sunshine and rainbows. Gradients saw a bit of a correction, shedding 30.7% of its gains last week. At the time of writing, the price was $54.1 (0.16 TAO). But hey, it’s not dead. The community’s still as optimistic as ever.

“Subnets created by Rayon Labs now account for over a quarter of emissions on Bittensor. This is what happens when a world-class team builds with conviction and actually delivers. The network rewards those shipping real products and bringing real value,” said an analyst, clearly a fan of Rayon Labs.

Targon

Now, let’s talk about Targon. It’s the decentralized infrastructure that’s here to make AI model interactions smoother than your favorite podcast. Think of it as a digital marketplace where AI models can come to play, process, and generate information like there’s no centralized authority telling them what to do.

It’s the perfect setup for AI to understand context and relationships in data, making those human-AI interactions a bit more… well, human. But hold on—despite its strength, Targon hasn’t had the same meteoric rise as Chutes or Gradients. It’s up by only 60% in the last month. But hey, slow and steady wins the race, right?

“Targon stands out as one of the strongest subnets in the ecosystem,” a user confidently stated.

However, not everything is sunshine and rainbows for Targon. After a little correction in early April, it hasn’t quite bounced back. The price is currently sitting at $52.4 (0.15 TAO), down 19.3% in the last week. But who’s counting? There’s always tomorrow.

As more developers and businesses explore decentralized AI solutions, Bittensor’s ecosystem is bound to keep growing. These subnets will shape the future of AI infrastructure. Keep your eyes peeled—who knows what opportunities lie ahead in this crazy decentralized AI world?

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2025-04-22 15:17