RAIN token jumps 20.63% after supply cut and new trading platform listing

RAIN token surged 20.63% after breaking resistance between $0.0165 and $0.017, supported by a DAO-approved burn of 7.42 billion tokens reducing supply by 1.035%. The listing on Hyperliquid introduced a new decentralized trading platform, increasing liquidity and trader participation. This combination of reduced supply and expanded access helped sustain the breakout above June's high, with $0.0165–$0.017 now acting as support. Continued trading volume on Hyperliquid is crucial to maintain RAIN's buyback and burn mechanisms, which reinforce scarcity and could impact long-term price trends.