Pons (PONS) extended its bearish streak with a 12.3% decline, driven by collapsing Robinhood Chain activity and weaker ecosystem demand. Daily token launches on the chain fell from 36,000 to about 6,000, while revenue dropped 88% from its early-September peak. Daily buybacks also slumped from over $1 million to roughly $200,000. At press time, PONS traded near $0.56 after touching $0.5216. Trading volume rose 24.23% to $51.5 million. The token tested a symmetrical triangle support on the daily chart, with the MACD and RSI signaling growing bearish pressure. Overhead liquidity clusters between $0.55 and $0.65 could support a recovery if the triangle holds.
Pons [PONS] extended its bearish streak with a 12.3% daily decline at press time, as shrinking Robinhood Chain activity and weaker ecosystem demand intensified. The daily token launches on the Robinhood Chain collapsed from approximately 36,000 at their peak to around 6,000.
At the time of writing, the token traded around $0.56, extending its retreat from previous highs. Trading volume climbed 24.23% to roughly $51.5 million over the 24-hour period.
The shrinking launch activity reduced one crucial channel supporting PONS utility. Pressure from declining activity was also reflected in the platform’s revenue and buyback mechanism.
Pons crypto’s revenue contracted 88% from its early-September peak as the Robinhood Chain activity deteriorated. Daily PONS buybacks also collapsed from above $1 million to nearly $200,000, a rapid reduction that weakened the recurring source of demand.
The declining revenue further accompanied the reduction in launches, connecting weaker market activity with reduced token purchases. This latest revenue decline introduced another challenge for buyers attempting to establish a durable price recovery.
On the daily timeframe chart, PONS reached the rising boundary of its symmetrical triangle confinement after losing the $0.5808 horizontal support. The latest daily candle touched the $0.5216 level before price recovered toward $0.5447 at reporting time.
The MACD indicator remained beneath its signal line, with the negative histogram expanding during the price decline. The RSI indicator declined to 48.61, crossing the neutral 50 threshold during the support test.
The Binance 24-hour Liquidation Heatmap showed concentrated liquidity above PONS prevailing market value. Nearby liquidity bands appeared around the $0.55 and $0.56 area, with additional clusters around $0.60 to $0.62 and near $0.65.
PONS would first need to reclaim the $0.5808 level, which had already shifted into a crucial recovery threshold. Strongly clearing that level could open access towards the heavier $0.60–$0.62 liquidation bands.
