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Rainbow, the colorful non-custodial wallet popular among Ethereum users, announced Monday that it will launch its long-rumored RNBW token before the end of the year. The reveal follows closely on the heels of MetaMask’s MASK token confirmation, as the wallet wars shift into token season.
What’s the Scoop?
- Token confirmed:
Rainbow posted on X that users who have been earning points will soon see those efforts pay off. “You’ve been collecting Points for a reason,” the team wrote, teasing that RNBW marks “just the beginning of Phase 3.”
- Feature rollout underway: Alongside the token news, Rainbow is introducing real-time pricing, instant balance updates, better price charts, and perpetuals trading powered by Hyperliquid. Upcoming features include DeFi position tracking and support for more blockchains.
- Token race accelerates: The RNBW announcement joins a growing wave of wallet-native token launches. Last week, Consensys CEO Joe Lubin said the MASK token is “coming sooner than you think”, and
Coinbase hinted at a possible Base token for its recently rebranded app.
- Acquisition ambitions: The Rainbow team also proposed an acquisition of token launch bot CLANKER for 4% of the total RNBW token supply.
Bankless Take:
Crypto wallets – access cards for the onchain economy – are perhaps the most widely used blockchain primitive, making their airdrops some of the most sought after in existence. RNBW rewards stand to be a monumental drop for early wallet adopters and dedicated points farmers.
You've been collecting Points for a reason.
— Rainbow (@rainbowdotme) September 22, 2025
That reason is called $RNBW. Coming Q4 2025. pic.twitter.com/37EObfuwnS