PONS, the leading launchpad on Robinhood Chain, surged over 16% in the past 24 hours, with daily trading volume surpassing $155 million and breaking above the critical $0.70 support level. The token’s rally is backed by record network activity, including a new all-time high market share of 82.5% among Robinhood launchpads and daily revenue above $1.30 million. The project’s buyback wallet reached an ATH of $3.40 million, with funds swapped into PONS and burned to create scarcity. Despite a correction phase, PONS remains 22% below its peak, and technical patterns indicate a potential breakout above $0.85 could target a $1 billion valuation.
PONS, the largest launchpad on Robinhood Chain, recorded a 16% price increase over the past 24 hours, with daily trading volume exceeding $155 million. The altcoin’s fundamentals have strengthened as network activity surged, even while Solana’s Stonk launchpad surpassed PONS in 24-hour revenue during Solana’s recent resurgence.
New tokens launched on the platform hit a daily peak of 36,400, generating a volume of $622 million. Total volume traded on PONS reached $10 billion, as announced by the platform. Daily revenue remains firmly above $1.30 million, despite cooling hype around Robinhood Chain.
PONS’ market share among Robinhood launchpad activity stands at 82.5%, a new all-time high. This revenue flows into the buyback wallet, which now holds an ATH of $3.40 million, with $1.66 million still in unclaimed escrow. Capital in the buyback wallet is swapped into PONS and burned to create scarcity, and the wallet is being replenished faster than it can be depleted.
Technically, PONS is trading near the resistance of a bull flag pattern, after holding above the $0.70 support level. The Choppiness Index is rising to 53, indicating consolidation, while the MACD shows small green bars, suggesting limited buyer momentum. A break above $0.85 could expose the token to its previously predicted $1 billion valuation, while failure may lead to a retest of $0.70. PONS currently trades 22% below its peak of $0.98.
