Bittensor (TAO) &#273;&atilde; n&#7893;i l&ecirc;n nh&#432; m&#7897;t trong nh&#7919;ng &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; c&oacute; hi&#7879;u su&#7845;t n&#7893;i b&#7853;t tr&ecirc;n th&#7883; tr&#432;&#7901;ng, nhanh ch&oacute;ng &#273;&#7843;o ng&#432;&#7907;c t&#7845;t c&#7843; c&aacute;c kho&#7843;n l&#7895; t&#7915; s&#7921; c&#7889; Crypto Black Friday g&#7847;n &#273;&acirc;y &mdash; m&#7897;t k&#7923; t&iacute;ch m&agrave; ngay c&#7843; Bitcoin (BTC) v&agrave; Ethereum (ETH) v&#7851;n ch&#432;a &#273;&#7841;t &#273;&#432;&#7907;c.
&#272;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&#259;ng, s&#7921; quan t&acirc;m t&#7915; c&aacute;c t&#7893; ch&#7913;c v&agrave; ngu&#7891;n cung ng&agrave;y c&agrave;ng th&#7855;t ch&#7863;t tr&#432;&#7899;c s&#7921; ki&#7879;n halving &#273;&#7847;u ti&ecirc;n, tri&#7875;n v&#7885;ng c&#7911;a TAO ng&agrave;y c&agrave;ng tr&#7903; n&ecirc;n kh&#7843; quan.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-drives-bittensor-tao-to-outperform-the-market">&#272;i&#7873;u g&igrave; khi&#7871;n Bittensor (TAO) v&#432;&#7907;t tr&#7897;i h&#417;n th&#7883; tr&#432;&#7901;ng? </h2>

Theo d&#7919; li&#7879;u t&#7915; BeInCrypto Markets, h&#7847;u h&#7871;t c&aacute;c &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; h&agrave;ng &#273;&#7847;u &#273;&atilde; giao d&#7883;ch th&#7845;p h&#417;n trong hai tu&#7847;n qua. Ng&#432;&#7907;c l&#7841;i, Bittensor (TAO) &#273;&atilde; <a href="https://vn.beincrypto.com/tao-price-breakout-rally/" target="_blank" rel="noreferrer noopener">&#273;i ng&#432;&#7907;c xu h&#432;&#7899;ng</a>, ghi nh&#7853;n m&#7913;c t&#259;ng 35.7% trong c&ugrave;ng k&#7923;.
&#272;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; n&agrave;y kh&ocirc;ng ch&#7881; ph&#7909;c h&#7891;i <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/" target="_blank" rel="noreferrer noopener">t&#7915; s&#7921; c&#7889; th&#7883; tr&#432;&#7901;ng th&aacute;ng 10</a> m&agrave; c&ograve;n t&#259;ng l&ecirc;n m&#7913;c cao nh&#7845;t trong nhi&#7873;u th&aacute;ng. Ch&#7881; trong ng&agrave;y qua, gi&aacute; tr&#7883; c&#7911;a altcoin &#273;&atilde; t&#259;ng 5.95%, &#273;&#432;a n&oacute; giao d&#7883;ch &#7903; m&#7913;c 435.65 USD.
<img style="height:400px;width:640px;" decoding="async" alt="" class="wp-image-762866 lazy" style="width:1024px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/2_blEPsoJuIkZzoMoZief0xCMRc=/smart/47d3038d3efc455fbc9b1fc7d378b417">Hi&#7879;u su&#7845;t gi&aacute; Bittensor (TAO). Ngu&#7891;n: <a href="https://beincrypto.com/price/bittensor/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

C&oacute; nhi&#7873;u y&#7871;u t&#7889; th&uacute;c &#273;&#7849;y hi&#7879;u su&#7845;t m&#7841;nh m&#7869; c&#7911;a TAO. D&#7919; li&#7879;u t&#7915; CoinGecko <a href="https://www.coingecko.com/en/coins/bittensor/historical_data?start=2025-10-13&amp;end=2025-10-20" target="_blank" rel="noreferrer noopener nofollow">cho th&#7845;y</a> token n&agrave;y &#273;&atilde; duy tr&igrave; kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch h&agrave;ng ng&agrave;y tr&ecirc;n 400 tri&#7879;u USD trong su&#7889;t tu&#7847;n qua, ngo&#7841;i tr&#7915; ng&agrave;y h&ocirc;m qua. V&agrave;o ng&agrave;y 15/10, kh&#7889;i l&#432;&#7907;ng &#273;&#7841;t 943 tri&#7879;u USD, cho th&#7845;y s&#7921; quan t&acirc;m v&agrave; ho&#7841;t &#273;&#7897;ng cao t&#7915; c&aacute;c nh&agrave; giao d&#7883;ch.
S&#7921; t&#259;ng tr&#432;&#7903;ng c&#7911;a TAO c&ograve;n &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i s&#7921; tham gia staking m&#7841;nh m&#7869;. D&#7919; li&#7879;u t&#7915; <a href="https://taostats.io/analytics/stats" target="_blank" rel="noreferrer noopener nofollow">Taostats</a> cho th&#7845;y h&#417;n 70% TAO &#273;ang l&#432;u h&agrave;nh &#273;&#432;&#7907;c staking. &#272;i&#7873;u n&agrave;y h&#7841;n ch&#7871; ngu&#7891;n cung giao d&#7883;ch c&oacute; s&#7861;n v&agrave; h&#7895; tr&#7907; gi&aacute;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-institutional-interest-accelerates-momentum">S&#7921; quan t&acirc;m c&#7911;a t&#7893; ch&#7913;c th&uacute;c &#273;&#7849;y &#273;&agrave; ph&aacute;t tri&#7875;n</h2>

S&#7921; <a href="https://vn.beincrypto.com/synaptogenix-bittensor-tao-treasury-strategy/" target="_blank" rel="noreferrer noopener">ch&#7845;p nh&#7853;n t&#7915; c&aacute;c t&#7893; ch&#7913;c</a> &#273;&atilde; m&#7903; r&#7897;ng t&#7847;m v&#7899;i c&#7911;a Bittensor. Qu&#7929; AI phi t&#7853;p trung c&#7911;a Grayscale &#273;&atilde; ph&acirc;n b&#7893; h&#417;n m&#7897;t ph&#7847;n ba t&agrave;i s&#7843;n c&#7911;a m&igrave;nh cho TAO, cho th&#7845;y s&#7921; tin t&#432;&#7903;ng ng&agrave;y c&agrave;ng t&#259;ng v&agrave;o &#273;&#7891;ng coin n&agrave;y nh&#432; m&#7897;t nh&acirc;n t&#7889; trung t&acirc;m trong AI phi t&#7853;p trung.
H&#417;n n&#7919;a, c&ocirc;ng ty g&#7847;n &#273;&acirc;y &#273;&atilde; <a href="https://vn.beincrypto.com/grayscales-tao-etf-ath/" target="_blank" rel="noreferrer noopener">n&#7897;p &#273;&#417;n Form 10</a> cho Grayscale Bittensor Trust v&#7899;i SEC. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; m&#7903; &#273;&#432;&#7901;ng cho c&aacute;c <a href="https://beincrypto.com/learn/what-is-bitcoin-etf" target="_blank" rel="noreferrer noopener">s&#7843;n ph&#7849;m giao d&#7883;ch tr&ecirc;n s&agrave;n</a> trong t&#432;&#417;ng lai, t&#432;&#417;ng t&#7921; nh&#432; c&aacute;c ph&aacute;t tri&#7875;n &#273;&atilde; th&#7845;y &#7903; c&aacute;c &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n kh&aacute;c nh&#432; BTC v&agrave; ETH.
Vi&#7879;c ra m&#7855;t ETF c&oacute; th&#7875; t&#259;ng c&#432;&#7901;ng thanh kho&#7843;n, thu h&uacute;t s&#7921; tham gia c&#7911;a c&aacute;c t&#7893; ch&#7913;c v&agrave; n&acirc;ng cao kh&#7843; n&#259;ng hi&#7875;n th&#7883; c&#7911;a TAO tr&ecirc;n th&#7883; tr&#432;&#7901;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bittensor-awaits-its-first-halving-in-december-2025">Bittensor ch&#7901; &#273;&#7907;i l&#7847;n halving &#273;&#7847;u ti&ecirc;n v&agrave;o th&aacute;ng 12/2025</h2>

M&#7863;c d&ugrave; c&aacute;c y&#7871;u t&#7889; hi&#7879;n t&#7841;i &#273;ang th&uacute;c &#273;&#7849;y l&#7907;i nhu&#7853;n ng&#7855;n h&#7841;n, c&aacute;c y&#7871;u t&#7889; b&#7893; sung c&oacute; th&#7875; th&uacute;c &#273;&#7849;y <a href="https://vn.beincrypto.com/bittensor-tao-price-breakout-469-level/" target="_blank" rel="noreferrer noopener">t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n</a> cho TAO. Th&aacute;ng 12/2025 mang &#273;&#7871;n m&#7897;t c&#7897;t m&#7889;c quan tr&#7885;ng cho nh&#7919;ng ng&#432;&#7901;i n&#7855;m gi&#7919; Bittensor: s&#7921; ki&#7879;n halving &#273;&#7847;u ti&ecirc;n c&#7911;a n&oacute;.
Theo t&agrave;i li&#7879;u <a href="https://learnbittensor.org/explore/concept/halving" target="_blank" rel="noreferrer noopener nofollow">ch&iacute;nh th&#7913;c</a>, halving c&#7911;a Bittensor kh&ocirc;ng theo <a href="https://beincrypto.com/learn/bitcoin-halving-history" target="_blank" rel="noreferrer noopener">d&ograve;ng th&#7901;i gian kh&#7889;i nh&#432; Bitcoin.</a> Thay v&agrave;o &#273;&oacute;, k&iacute;ch ho&#7841;t d&#7921;a tr&ecirc;n ngu&#7891;n cung c&#7911;a TAO s&#7869; c&#7855;t gi&#7843;m l&#432;&#7907;ng ph&aacute;t h&agrave;nh h&agrave;ng ng&agrave;y khi &#273;&#7841;t &#273;&#7871;n c&aacute;c ng&#432;&#7905;ng nh&#7845;t &#273;&#7883;nh. Vi&#7879;c gi&#7843;m ngu&#7891;n cung token m&#7899;i c&oacute; th&#7875; d&#7851;n &#273;&#7871;n t&#259;ng gi&aacute;, &#273;&#7863;c bi&#7879;t khi staking m&#7841;nh m&#7869; h&#7841;n ch&#7871; thanh kho&#7843;n h&#417;n n&#7919;a.
M&#7863;c d&ugrave; d&ograve;ng th&#7901;i gian halving c&oacute; th&#7875; thay &#273;&#7893;i nh&#7865; do t&aacute;i ch&#7871; token, t&aacute;c &#273;&#7897;ng ch&iacute;nh l&agrave; s&#7921; khan hi&#7871;m t&#259;ng l&ecirc;n, c&oacute; th&#7875; k&iacute;ch ho&#7841;t nhu c&#7847;u cao h&#417;n.
Th&ecirc;m v&agrave;o &#273;&oacute;, t&agrave;i s&#7843;n n&agrave;y c&#361;ng &#273;&atilde; thu h&uacute;t &#273;&#432;&#7907;c s&#7921; &#7911;ng h&#7897; &#273;&aacute;ng k&#7875; t&#7915; <a href="https://vn.beincrypto.com/bittensor-store-of-value-potential/" target="_blank" rel="noreferrer noopener">c&aacute;c chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng quan tr&#7885;ng.</a> Th&#7921;c t&#7871;, nh&agrave; ph&acirc;n t&iacute;ch Quinten Francois g&#7847;n &#273;&acirc;y &#273;&atilde; tuy&ecirc;n b&#7889; r&#7857;ng TAO c&oacute; th&#7875; tr&#7903; th&agrave;nh m&#7897;t t&agrave;i s&#7843;n tr&#7883; gi&aacute; h&agrave;ng ngh&igrave;n t&#7927; USD v&agrave;o n&#259;m 2030-2031.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&#272;i&#7873;u th&uacute; v&#7883; nh&#7845;t v&#7873; TAO l&agrave; con &#273;&#432;&#7901;ng c&#7911;a n&oacute; n&ecirc;n theo Lu&#7853;t Reed, ch&#7913; kh&ocirc;ng ph&#7843;i Lu&#7853;t Metcalfe nh&#432; BTC. Bitcoin &#273;&atilde; &#273;&#7841;t &#273;&#432;&#7907;c v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng h&agrave;ng ngh&igrave;n t&#7927; USD v&agrave;o n&#259;m 2021. &#272;&oacute; ch&#7881; l&agrave; 12 n&#259;m sau kh&#7889;i genesis c&#7911;a n&oacute;. V&#7873; l&yacute; thuy&#7871;t, TAO n&ecirc;n l&agrave;m &#273;i&#7873;u &#273;&oacute; trong ch&#432;a &#273;&#7847;y 12 n&#259;m,&rdquo; &ocirc;ng <a href="https://x.com/QuintenFrancois/status/1979094781390393835" target="_blank" rel="noreferrer noopener nofollow">d&#7921; &#273;o&aacute;n</a>.
</blockquote>

Francois &#273;&atilde; tr&iacute;ch d&#7851;n m&ocirc; h&igrave;nh subnet c&#7841;nh tranh c&#7911;a d&#7921; &aacute;n v&agrave; tokenomics gi&#7889;ng Bitcoin l&agrave; nh&#7919;ng &#273;i&#7875;m m&#7841;nh ch&iacute;nh. &Ocirc;ng c&#361;ng m&ocirc; t&#7843; m&ocirc; h&igrave;nh c&#7911;a TAO l&agrave; &ldquo;&#273;&#432;&#7907;c suy ngh&#297; m&#7897;t c&aacute;ch xu&#7845;t s&#7855;c.&rdquo;
V&igrave; v&#7853;y, v&#7899;i kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch cao, staking v&agrave; s&#7921; quan t&acirc;m t&#7915; c&aacute;c t&#7893; ch&#7913;c, TAO &#273;ang &#7903; v&#7883; tr&iacute; t&#7889;t khi th&aacute;ng 12 &#273;ang &#273;&#7871;n g&#7847;n. Nh&#7919;ng th&aacute;ng t&#7899;i s&#7869; ki&#7875;m tra kh&#7843; n&#259;ng ph&#7909;c h&#7891;i c&#7911;a Bittensor khi n&oacute; chuy&#7875;n sang giai &#273;o&#7841;n gi&#7843;m ngu&#7891;n cung v&agrave; s&#7921; t&#7853;p trung li&ecirc;n t&#7909;c c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.

Tiền điện tử vượt qua cú sập thị trường—Điều gì đang thúc đẩy sự tăng trưởng âm thầm của TAO?

Bittensor (TAO) &#273;&atilde; n&#7893;i l&ecirc;n nh&#432; m&#7897;t trong nh&#7919;ng &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; c&oacute; hi&#7879;u su&#7845;t n&#7893;i b&#7853;t tr&ecirc;n th&#7883; tr&#432;&#7901;ng, nhanh ch&oacute;ng &#273;&#7843;o ng&#432;&#7907;c t&#7845;t c&#7843; c&aacute;c kho&#7843;n l&#7895; t&#7915; s&#7921; c&#7889; Crypto Black Friday g&#7847;n &#273;&acirc;y &mdash; m&#7897;t k&#7923; t&iacute;ch m&agrave; ngay c&#7843; Bitcoin (BTC) v&agrave; Ethereum (ETH) v&#7851;n ch&#432;a &#273;&#7841;t &#273;&#432;&#7907;c.
&#272;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&#259;ng, s&#7921; quan t&acirc;m t&#7915; c&aacute;c t&#7893; ch&#7913;c v&agrave; ngu&#7891;n cung ng&agrave;y c&agrave;ng th&#7855;t ch&#7863;t tr&#432;&#7899;c s&#7921; ki&#7879;n halving &#273;&#7847;u ti&ecirc;n, tri&#7875;n v&#7885;ng c&#7911;a TAO ng&agrave;y c&agrave;ng tr&#7903; n&ecirc;n kh&#7843; quan.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-drives-bittensor-tao-to-outperform-the-market">&#272;i&#7873;u g&igrave; khi&#7871;n Bittensor (TAO) v&#432;&#7907;t tr&#7897;i h&#417;n th&#7883; tr&#432;&#7901;ng? </h2>

Theo d&#7919; li&#7879;u t&#7915; BeInCrypto Markets, h&#7847;u h&#7871;t c&aacute;c &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; h&agrave;ng &#273;&#7847;u &#273;&atilde; giao d&#7883;ch th&#7845;p h&#417;n trong hai tu&#7847;n qua. Ng&#432;&#7907;c l&#7841;i, Bittensor (TAO) &#273;&atilde; <a href="https://vn.beincrypto.com/tao-price-breakout-rally/" target="_blank" rel="noreferrer noopener">&#273;i ng&#432;&#7907;c xu h&#432;&#7899;ng</a>, ghi nh&#7853;n m&#7913;c t&#259;ng 35.7% trong c&ugrave;ng k&#7923;.
&#272;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; n&agrave;y kh&ocirc;ng ch&#7881; ph&#7909;c h&#7891;i <a href="https://vn.beincrypto.com/trump-china-tariff-triggers-200-billion-crypto-crash/" target="_blank" rel="noreferrer noopener">t&#7915; s&#7921; c&#7889; th&#7883; tr&#432;&#7901;ng th&aacute;ng 10</a> m&agrave; c&ograve;n t&#259;ng l&ecirc;n m&#7913;c cao nh&#7845;t trong nhi&#7873;u th&aacute;ng. Ch&#7881; trong ng&agrave;y qua, gi&aacute; tr&#7883; c&#7911;a altcoin &#273;&atilde; t&#259;ng 5.95%, &#273;&#432;a n&oacute; giao d&#7883;ch &#7903; m&#7913;c 435.65 USD.
<img style="height:400px;width:640px;"decoding="async" alt="" class="wp-image-762866 lazy" style="width:1024px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/2_blEPsoJuIkZzoMoZief0xCMRc=/smart/47d3038d3efc455fbc9b1fc7d378b417">Hi&#7879;u su&#7845;t gi&aacute; Bittensor (TAO). Ngu&#7891;n: <a href="https://beincrypto.com/price/bittensor/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

C&oacute; nhi&#7873;u y&#7871;u t&#7889; th&uacute;c &#273;&#7849;y hi&#7879;u su&#7845;t m&#7841;nh m&#7869; c&#7911;a TAO. D&#7919; li&#7879;u t&#7915; CoinGecko <a href="https://www.coingecko.com/en/coins/bittensor/historical_data?start=2025-10-13&amp;end=2025-10-20" target="_blank" rel="noreferrer noopener nofollow">cho th&#7845;y</a> token n&agrave;y &#273;&atilde; duy tr&igrave; kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch h&agrave;ng ng&agrave;y tr&ecirc;n 400 tri&#7879;u USD trong su&#7889;t tu&#7847;n qua, ngo&#7841;i tr&#7915; ng&agrave;y h&ocirc;m qua. V&agrave;o ng&agrave;y 15/10, kh&#7889;i l&#432;&#7907;ng &#273;&#7841;t 943 tri&#7879;u USD, cho th&#7845;y s&#7921; quan t&acirc;m v&agrave; ho&#7841;t &#273;&#7897;ng cao t&#7915; c&aacute;c nh&agrave; giao d&#7883;ch.
S&#7921; t&#259;ng tr&#432;&#7903;ng c&#7911;a TAO c&ograve;n &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i s&#7921; tham gia staking m&#7841;nh m&#7869;. D&#7919; li&#7879;u t&#7915; <a href="https://taostats.io/analytics/stats" target="_blank" rel="noreferrer noopener nofollow">Taostats</a> cho th&#7845;y h&#417;n 70% TAO &#273;ang l&#432;u h&agrave;nh &#273;&#432;&#7907;c staking. &#272;i&#7873;u n&agrave;y h&#7841;n ch&#7871; ngu&#7891;n cung giao d&#7883;ch c&oacute; s&#7861;n v&agrave; h&#7895; tr&#7907; gi&aacute;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-institutional-interest-accelerates-momentum">S&#7921; quan t&acirc;m c&#7911;a t&#7893; ch&#7913;c th&uacute;c &#273;&#7849;y &#273;&agrave; ph&aacute;t tri&#7875;n</h2>

S&#7921; <a href="https://vn.beincrypto.com/synaptogenix-bittensor-tao-treasury-strategy/" target="_blank" rel="noreferrer noopener">ch&#7845;p nh&#7853;n t&#7915; c&aacute;c t&#7893; ch&#7913;c</a> &#273;&atilde; m&#7903; r&#7897;ng t&#7847;m v&#7899;i c&#7911;a Bittensor. Qu&#7929; AI phi t&#7853;p trung c&#7911;a Grayscale &#273;&atilde; ph&acirc;n b&#7893; h&#417;n m&#7897;t ph&#7847;n ba t&agrave;i s&#7843;n c&#7911;a m&igrave;nh cho TAO, cho th&#7845;y s&#7921; tin t&#432;&#7903;ng ng&agrave;y c&agrave;ng t&#259;ng v&agrave;o &#273;&#7891;ng coin n&agrave;y nh&#432; m&#7897;t nh&acirc;n t&#7889; trung t&acirc;m trong AI phi t&#7853;p trung.
H&#417;n n&#7919;a, c&ocirc;ng ty g&#7847;n &#273;&acirc;y &#273;&atilde; <a href="https://vn.beincrypto.com/grayscales-tao-etf-ath/" target="_blank" rel="noreferrer noopener">n&#7897;p &#273;&#417;n Form 10</a> cho Grayscale Bittensor Trust v&#7899;i SEC. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; m&#7903; &#273;&#432;&#7901;ng cho c&aacute;c <a href="https://beincrypto.com/learn/what-is-bitcoin-etf" target="_blank" rel="noreferrer noopener">s&#7843;n ph&#7849;m giao d&#7883;ch tr&ecirc;n s&agrave;n</a> trong t&#432;&#417;ng lai, t&#432;&#417;ng t&#7921; nh&#432; c&aacute;c ph&aacute;t tri&#7875;n &#273;&atilde; th&#7845;y &#7903; c&aacute;c &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n kh&aacute;c nh&#432; BTC v&agrave; ETH.
Vi&#7879;c ra m&#7855;t ETF c&oacute; th&#7875; t&#259;ng c&#432;&#7901;ng thanh kho&#7843;n, thu h&uacute;t s&#7921; tham gia c&#7911;a c&aacute;c t&#7893; ch&#7913;c v&agrave; n&acirc;ng cao kh&#7843; n&#259;ng hi&#7875;n th&#7883; c&#7911;a TAO tr&ecirc;n th&#7883; tr&#432;&#7901;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-bittensor-awaits-its-first-halving-in-december-2025">Bittensor ch&#7901; &#273;&#7907;i l&#7847;n halving &#273;&#7847;u ti&ecirc;n v&agrave;o th&aacute;ng 12/2025</h2>

M&#7863;c d&ugrave; c&aacute;c y&#7871;u t&#7889; hi&#7879;n t&#7841;i &#273;ang th&uacute;c &#273;&#7849;y l&#7907;i nhu&#7853;n ng&#7855;n h&#7841;n, c&aacute;c y&#7871;u t&#7889; b&#7893; sung c&oacute; th&#7875; th&uacute;c &#273;&#7849;y <a href="https://vn.beincrypto.com/bittensor-tao-price-breakout-469-level/" target="_blank" rel="noreferrer noopener">t&#259;ng tr&#432;&#7903;ng d&agrave;i h&#7841;n</a> cho TAO. Th&aacute;ng 12/2025 mang &#273;&#7871;n m&#7897;t c&#7897;t m&#7889;c quan tr&#7885;ng cho nh&#7919;ng ng&#432;&#7901;i n&#7855;m gi&#7919; Bittensor: s&#7921; ki&#7879;n halving &#273;&#7847;u ti&ecirc;n c&#7911;a n&oacute;.
Theo t&agrave;i li&#7879;u <a href="https://learnbittensor.org/explore/concept/halving" target="_blank" rel="noreferrer noopener nofollow">ch&iacute;nh th&#7913;c</a>, halving c&#7911;a Bittensor kh&ocirc;ng theo <a href="https://beincrypto.com/learn/bitcoin-halving-history" target="_blank" rel="noreferrer noopener">d&ograve;ng th&#7901;i gian kh&#7889;i nh&#432; Bitcoin.</a> Thay v&agrave;o &#273;&oacute;, k&iacute;ch ho&#7841;t d&#7921;a tr&ecirc;n ngu&#7891;n cung c&#7911;a TAO s&#7869; c&#7855;t gi&#7843;m l&#432;&#7907;ng ph&aacute;t h&agrave;nh h&agrave;ng ng&agrave;y khi &#273;&#7841;t &#273;&#7871;n c&aacute;c ng&#432;&#7905;ng nh&#7845;t &#273;&#7883;nh. Vi&#7879;c gi&#7843;m ngu&#7891;n cung token m&#7899;i c&oacute; th&#7875; d&#7851;n &#273;&#7871;n t&#259;ng gi&aacute;, &#273;&#7863;c bi&#7879;t khi staking m&#7841;nh m&#7869; h&#7841;n ch&#7871; thanh kho&#7843;n h&#417;n n&#7919;a.
M&#7863;c d&ugrave; d&ograve;ng th&#7901;i gian halving c&oacute; th&#7875; thay &#273;&#7893;i nh&#7865; do t&aacute;i ch&#7871; token, t&aacute;c &#273;&#7897;ng ch&iacute;nh l&agrave; s&#7921; khan hi&#7871;m t&#259;ng l&ecirc;n, c&oacute; th&#7875; k&iacute;ch ho&#7841;t nhu c&#7847;u cao h&#417;n.
Th&ecirc;m v&agrave;o &#273;&oacute;, t&agrave;i s&#7843;n n&agrave;y c&#361;ng &#273;&atilde; thu h&uacute;t &#273;&#432;&#7907;c s&#7921; &#7911;ng h&#7897; &#273;&aacute;ng k&#7875; t&#7915; <a href="https://vn.beincrypto.com/bittensor-store-of-value-potential/" target="_blank" rel="noreferrer noopener">c&aacute;c chuy&ecirc;n gia th&#7883; tr&#432;&#7901;ng quan tr&#7885;ng.</a> Th&#7921;c t&#7871;, nh&agrave; ph&acirc;n t&iacute;ch Quinten Francois g&#7847;n &#273;&acirc;y &#273;&atilde; tuy&ecirc;n b&#7889; r&#7857;ng TAO c&oacute; th&#7875; tr&#7903; th&agrave;nh m&#7897;t t&agrave;i s&#7843;n tr&#7883; gi&aacute; h&agrave;ng ngh&igrave;n t&#7927; USD v&agrave;o n&#259;m 2030-2031.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&#272;i&#7873;u th&uacute; v&#7883; nh&#7845;t v&#7873; TAO l&agrave; con &#273;&#432;&#7901;ng c&#7911;a n&oacute; n&ecirc;n theo Lu&#7853;t Reed, ch&#7913; kh&ocirc;ng ph&#7843;i Lu&#7853;t Metcalfe nh&#432; BTC. Bitcoin &#273;&atilde; &#273;&#7841;t &#273;&#432;&#7907;c v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng h&agrave;ng ngh&igrave;n t&#7927; USD v&agrave;o n&#259;m 2021. &#272;&oacute; ch&#7881; l&agrave; 12 n&#259;m sau kh&#7889;i genesis c&#7911;a n&oacute;. V&#7873; l&yacute; thuy&#7871;t, TAO n&ecirc;n l&agrave;m &#273;i&#7873;u &#273;&oacute; trong ch&#432;a &#273;&#7847;y 12 n&#259;m,&rdquo; &ocirc;ng <a href="https://x.com/QuintenFrancois/status/1979094781390393835" target="_blank" rel="noreferrer noopener nofollow">d&#7921; &#273;o&aacute;n</a>.
</blockquote>

Francois &#273;&atilde; tr&iacute;ch d&#7851;n m&ocirc; h&igrave;nh subnet c&#7841;nh tranh c&#7911;a d&#7921; &aacute;n v&agrave; tokenomics gi&#7889;ng Bitcoin l&agrave; nh&#7919;ng &#273;i&#7875;m m&#7841;nh ch&iacute;nh. &Ocirc;ng c&#361;ng m&ocirc; t&#7843; m&ocirc; h&igrave;nh c&#7911;a TAO l&agrave; &ldquo;&#273;&#432;&#7907;c suy ngh&#297; m&#7897;t c&aacute;ch xu&#7845;t s&#7855;c.&rdquo;
V&igrave; v&#7853;y, v&#7899;i kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch cao, staking v&agrave; s&#7921; quan t&acirc;m t&#7915; c&aacute;c t&#7893; ch&#7913;c, TAO &#273;ang &#7903; v&#7883; tr&iacute; t&#7889;t khi th&aacute;ng 12 &#273;ang &#273;&#7871;n g&#7847;n. Nh&#7919;ng th&aacute;ng t&#7899;i s&#7869; ki&#7875;m tra kh&#7843; n&#259;ng ph&#7909;c h&#7891;i c&#7911;a Bittensor khi n&oacute; chuy&#7875;n sang giai &#273;o&#7841;n gi&#7843;m ngu&#7891;n cung v&agrave; s&#7921; t&#7853;p trung li&ecirc;n t&#7909;c c&#7911;a nh&agrave; &#273;&#7847;u t&#432;.