Rain [RAIN] led the market with a 23% daily surge, extending its three‑day rally to nearly 100%. The token is emerging as a major prediction market competitor alongside Polymarket and Kalshi, despite ongoing regulatory uncertainty in the United States.

What, then, is fueling this rally even without clarity on the future of prediction markets?

Rain Foundation pumps liquidity as TVL explodes

The main driver of this rally was liquidity. The Rain Foundation announced that they had added liquidity worth $100 million, with $50 million in USDT and the other half in RAIN tokens.

The move was part of preparations for the launch of Rain V2 ahead of the FIFA World Cup, aiming to capitalize on match activity like other prediction markets. It…