🧵 BITTENSOR WALLET DISTRIBUTION METRICS: DECEMBER VS JANUARY 📊
$TAO holders, there is no network like it! 

HEADLINE NUMBERS 🔍

Growth Snapshot:
• Total Accounts: 169K → 186K
• Required for Top 10%: 9.88 → 8.76 $TAO
• Monthly Growth: +17,390 wallets
• Account Growth: 10.26%

Thanks to @RBS_HODL for the consistent updates and valuable information for the community! 

DEEP DIVE: BY TIER 📈

Whale Metrics (>100k):
- Accounts: 9 → 9 (unchanged)
- Position: 0.01% (stable)
- Shows: No centralization risk
- Natural equilibrium forming

Mid-Tier Evolution (1k-10k):
• Dec: 756 accounts
• Jan: 776 accounts
• Growth: +20 wallets
• Steady accumulation phase

COMMUNITY STRENGTH 💪

Small Holder Growth:
1. >1 TAO Holders:
- Dec: 34,408 (20.30%)
- Jan: 35,715 (21.08%)
- Net Growth: +1,307
- Broader adoption happening

2. Active Range (5-25 TAO):
• Dec: 32,122 holders
• Jan: 33,003 holders
• +881 new participants
• Healthy middle class forming

MARKET DYNAMICS 🌊

Key Changes:
1. Lowered Top 10% Threshold:
- From 9.88 to 8.76 TAO
- Indicates wider distribution
- More accessible entry point
- Natural market maturation

2. Distribution Pattern:
• More small-medium holders
• Reduced concentration
• Organic spread continuing
• Strong foundation building

BULLISH SIGNALS 🎯

Why This Matters:
1. Distribution Quality:
- No whale accumulation
- Growing small holders
- Reducing entry barriers
- True decentralization

2. Network Health:
• +10.26% monthly growth
• Sustained adoption curve
• No manipulation signs
• Strong community base

FUTURE OUTLOOK 🔮

Catalysts Ahead:
1. Near Term:
- dTAO launch in February
- Growing subnet utilities
- Increasing adoption curve
- Network effect accelerating

2. Strategic View:
• Halving approaches
• Distribution deepening
• Community strengthening
• Perfect setup forming

KEY TAKEAWAY 📝

December State:
"Building the foundation"

January Reality:
"Accelerating adoption"

The future is distributing! 🚀

Remember: Every month we're seeing exactly what real decentralization looks like - not just talked about, but proven in the data! 

#Bittensor #TAO #NetworkGrowth