PONS fundamentals continued improving during a recent consolidation period, according to Bonk Guy, who posted on X. Despite declining attention around Robinhood Chain over the past two weeks, PONS generated more than $1 million in daily revenue. The protocol directs 80% of its revenue to buying back and permanently destroying PONS tokens, with more than 30% of total supply already removed. PONS accounts for about 75% to 80% of the Robinhood Chain Launchpad, a platform for launching tokens. Based on current data, its annualized fees and revenue are approximately $829 million and $159 million, respectively, against a market capitalization of about $430 million. PUMP, by comparison, has annualized fees of about $1.115 billion, annualized revenue of about $460 million and a market capitalization of approximately $1.75 billion. Bonk Guy said PONS could reach at least a $5 billion circulating market capitalization in the current cycle, more than 10 times its present level.