Robinhood Chain ecosystem token PONS market cap briefly surpasses $56 million, hitting all-time high

TechFlow reports, on July 26, monitoring by GMGN showed that the market cap of Robinhood Chain ecosystem token PONS briefly exceeded $56 million, setting a new all-time high. Currently reported at $51.56 million, up 28.5% in 24 hours, with trading volume of approximately $4.1 million during the same period.

PONS is the platform token of Pons, the native token launch platform of Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, uses collected WETH fees to buy back PONS, and directly burns collected PONS fees. It is regarded by some in the community as the pump.fun on Robinhood Chain.