PONS has surged 4,773.6% in one month, climbing from $0.019 to about $0.9375, while separate CoinGecko data cited in the report put its gain at 4,583.3% as of September 5. At 3:46 p.m. UTC, the token was trading at $0.9375, giving it a market capitalization of about $675.55 million. Its total and circulating supplies were each listed at $712.105 million. The rally accelerated after Uniswap Labs bought PONS, although the purchase price, token amount, timing and receiving wallet were not disclosed. Pons said the purchase was made for long-term alignment and deepened its partnership with Uniswap. Pons, a memecoin launchpad, has generated about $4 billion in trading volume and is facilitating the launch of more than 10,000 tokens daily. DeFiLlama data showed $9.01 million in fees over 24 hours, $39.97 million over seven days and $55.44 million over 30 days, with Pons exceeding Pump.fun's daily fees since August 29. The platform charges a 1% trading fee, distributes about 70% to token creators and retains 30% for the protocol. Robinhood Chain's 90-day gas waiver, which began July 1, has removed network transaction fees until around September 29, leaving traders to pay only the platform fee during the waiver. PONS remained bullish after breaking $0.77, but its Relative Strength Index (momentum indicator) reached 72.38, a level associated with overbought conditions and possible profit-taking or consolidation.