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TAO Solana Integration Update: TAO Tops $3.1M in Trading Volume

TAO on Solana has processed more than $3.1M in trading volume since launch, marking early progress for Bittensor’s canonical TAO across Solana DeFi markets.

TAO on Solana progress update covering Bittensor TAO trading volume, Solana DeFi adoption, canonical TAO liquidity, and early market activity since launch

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Roughly a week and a half since launching on Solana via Sunrise, Solana has processed approximately $3.16 million in cumulative TAO trading volume across Solana-based markets.

The deployment represents the canonical version of TAO on Solana rather than a third-party wrapped asset. Using LayerZero’s Omnichain Fungible Token (OFT) standard, each Solana-based TAO token is backed 1:1 by wTAO reserves on Subtensor EVM mainnet, allowing users to bridge TAO in and out of Solana while maintaining a unified asset representation across ecosystems.

The canonical Solana TAO token contract is:

taoC6xyv2v8tDLcev4uaGUgV4vdQsWJrGft2kcBRrBY

According to available market data, ~3,000 TAO are currently Solana, representing a market capitalization of roughly $843,000 at current prices. Liquidity across Solana trading venues stands near $847,000, with activity concentrated primarily in two pools: Meteora’s TAO-USDC DLMM pool and a Humidifi TAO-USDC pool.

Volume data indicates that nearly all trading activity has occurred since launch. Over the last seven days, TAO on Solana processed approximately $1.3 million in trading volume, while cumulative volume sits near $3.16 million. Current trading activity remains concentrated among a relatively small number of participants. Data shows approximately 607 holders, with a meaningful share of circulating TAO held inside liquidity pools rather than individual wallets.

At the time of writing, TAO on Solana is trading near $283.77, down 6.3% over the past 24 hours and 11.3% over the last seven days.

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