RST Crypto Surges Amidst Game Shutdown
Raini Studios Token, traded as RST crypto, has seen a significant price surge of 22% over the past seven days and 14% in the last 24 hours. This move is notable given its lack of clear catalyst or explanation from Raini Studios. The token's market capitalization is around $79,000, with only two tracked markets: RST/WETH on Uniswap and RST/WBEAM on Beam Swap.
The bigger story behind the numbers is that Raini: The Lords of Light, the game most closely associated with RST, permanently shut down in July 2025. This raises questions about the token's original purpose and whether it can find new utility in Raini Studios' remaining titles or if this rally is simply a low-liquidity blip.
RST was designed as a deflationary gaming token with a maximum supply of 1 billion, but due to the shutdown of Lords of Light, play-to-earn and collect-to-earn emissions were eliminated. The studio has since described a new deflationary approach built around revenue-funded RST buybacks and burns.