PONS market cap briefly surpassed $260 million, hitting a new all-time high

According to GMGN market data, the Robinhood ecosystem token PONS briefly surpassed a market cap of $260 million, setting a new all-time high, and is currently reported at $236 million.

Currently, 29% of the total supply of PONS tokens has been burned, and the Pons Treasury continues to use 80% of protocol fee revenue to accumulate more PONS.