TAO, the token of the Bittensor project, surged nearly 8% after South Korea’s largest cryptocurrency exchange, Upbit, announced its listing. Trading will be available against the Korean won, Bitcoin, and USDT, with the launch scheduled for February 16. Following the announcement, TAO outperformed the broader crypto market, which declined by more than 2% over the past 24 hours.

Upbit introduced temporary trading restrictions during the initial hours, including limits on market orders and price movements. Despite overall market weakness, the listing triggered strong demand for the asset, making TAO the fastest-growing token among the top 100 cryptocurrencies according to CoinGecko.

Over the past week, TAO has gained more than 21%, recovering after a prolonged decline earlier this year. Analysts remain optimistic about the AI-focused blockchain project. Some experts suggest the price could return to around $300 if investor interest remains strong and overall market sentiment stabilizes.