PONS hits record $115 million market cap on Robinhood chain

PONS, the platform token of Robinhood Chain native token issuance platform Pons, saw its market capitalization break above $115 million on Aug. 26, setting an all-time high, GMGN data cited by BlockBeats showed. The token rose 30.2% over 24 hours on roughly $19.2 million in trading volume. Pons supports creation and issuance of fixed-supply tokens, directing collected WETH fees into PONS buybacks and burning PONS fees, a design some community members liken to Pump.fun on Robinhood Chain. The advance extends a broader ecosystem rally in which Artificial Inu (AI), previously bought by Ansem, earlier on Aug. 26 broke above a $40 million market cap and approached a $43 million record before trading near $35 million, up 28.7% on $4.5 million volume. Index, NET, StonkBroker and CASHCAT also posted sharp prior gains. Related on-chain tokens remain highly volatile, and BlockBeats urged caution.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.