ChainThink reports that on August 26, according to GMGN monitoring, the Robinhood Chain ecosystem token PONS briefly surpassed a market capitalization of $135 million, setting a new all-time high.
The current market cap is $125 million, with a 24-hour increase of 42.66% and a trading volume of approximately $19.4 million during the same period. PONS is the platform token of Pons, the native token issuance platform for Robinhood Chain.
The platform supports the creation and issuance of fixed-supply tokens, using collected WETH fees to repurchase PONS, while PONS fees are directly burned—viewed by parts of the community as Pump.fun on Robinhood Chain.
