$TAO is trading in an environment where attention is gone and confidence is low.

But that does not mean progress has stopped.
Charts may look bad. That’s fine.
But they do not explain what is happening inside the network.
What actually matters:
• Subnets continue to ship and improve
• Real AI workloads running consistently
• Participation holding up despite price action
• Emissions reduced post halving
• A large portion of supply remains delegated
While timelines rotate narratives, Bittensor keeps executing at the infrastructure level.
No VC supply waiting to unload.
No sudden narrative pivots.
Just steady development in a sector where credibility matters.
Execution continues regardless of sentiment.
And over time, execution is what speaks loudest.
DCA’d and comfy with my position