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Odaily News Pons announced on the X platform that since its launch one month ago, the platform's cumulative trading volume has approached $2.5 billion, with over 290,000 tokens issued and more than $15 million in rewards distributed to token creators. Additionally, Pons allocates 80% of protocol revenue to buy back PONS, and has so far burned over $9 million worth of PONS, accounting for nearly 30% of the total token supply.Furthermore, Pons expressed optimism about NFTs and their applications in combination with tokens, and is currently developing related products with two partners. In addition, Pons plans to open migration features for communities looking to conduct a CTO on Pons v1 tokens, as well as for projects hoping to migrate from Solana to Robinhood via Pons. Pons also stated that its iOS App has entered the testing phase.
Odaily Pons stated on platform X that since its launch 8 days ago, 20% of the total supply of $PONS has been burned. The team stated that the Pons treasury will continue to use platform revenue to purchase $PONS in the future.According to GMGN market data, the market cap of the Robinhood ecosystem token PONS is currently reported at $30 million, with an intraday gain exceeding 100%. Odaily reminds investors that this token experiences extreme price volatility, often driven by market sentiment and hot topics, and lacks substantial value support. Investors should be aware of the associated risks.