Rain Protocol [RAIN], a decentralized prediction markets protocol, has lost more than 17% in the past 24 hours as of writing. This was the case even though the protocol was supported by Enlivex [Nasdaq: ENLV] as the Digital Asset Treasury (DAT), which aided in the shift to capital markets.

Historical performance of RAIN crypto

While the overall market fell by around 3%, RAIN fell by double digits. The altcoin fell by 9.5% in Q1 2026, after rising in the third and fourth quarters of 2025.

In Q3, the altcoin rose by more than 378% as Q4 closed 112% higher. For the first quarter of 2026, only January has been bullish, where RAIN recorded 23% in gains, as February and March lost 6.41% and 21.6%, respectively.

While the…