RAIN token surged 44% in a day, reaching a new all-time high of $0.01324, as the Rain protocol entered the top three global prediction markets by total value locked. This follows the Rain Foundation's deployment of $100 million in liquidity ahead of its V2 launch and the 2026 FIFA World Cup. The token's market capitalization now exceeds $8.2 billion.
The liquidity injection, split between USDT and RAIN tokens, boosted the protocol's total value locked to $125.4 million across 9,023 active markets. Rain joins Polymarket and Kalshi as a leading decentralized prediction market. CEO Roy Shaham highlighted the significance of this milestone, especially with the upcoming World Cup expected to drive massive interest in prediction markets.
Rain V2 introduces an on-chain order book and AI-driven systems, aiming to enhance liquidity and execution speed during the World Cup. The token's recent performance has seen it rise 64% in 24 hours, with a market cap ranking of 16th globally. The protocol's ability to maintain trading depth amid rapid growth will be tested as the World Cup approaches.
RAIN Token Soars 44% as Protocol Joins Top 3 Prediction Markets
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