PONS has captured an 82.5% market share of Robinhood Chain launchpad activity, marking a new all-time high according to Dune Analytics data. The achievement comes as the platform's fundamentals experience strong growth, despite a recent resurgence on the Solana chain where the rival Stonk launchpad surpassed PONS in 24-hour revenue.
New tokens launched on the PONS platform recently reached a daily peak of 36,400, generating $622 million in volume and pushing the total traded volume on PONS to $10 billion. Daily revenue for the platform has remained above $1.30 million. Revenue generated on the platform flows into a buyback wallet, which has reached an all-time high of $3.40 million alongside $1.66 million in unclaimed escrow. Capital within the buyback wallet is designated to be swapped into PONS and burned to create scarcity.
Following an uptrend and a subsequent correction phase, the native PONS token surged by more than 16% over a 24-hour period, with daily trading volume exceeding $155 million. The altcoin successfully held above the $0.70 support level, which aligns with the mid-level of a descending trend channel and serves as the lower boundary of a bull flag continuation pattern.
Technical indicators show mixed signals as the token tests pattern resistance. The Choppiness Index has risen to 53, indicating market consolidation, while small green bars on the MACD reflect limited buyer momentum in the current range. PONS continues to trade approximately 22% below its peak level of $0.98, with market participants watching for a potential break past resistance above $0.85 or a possible test of the $0.70 support level if the correction persists.
