PONS Market Cap Surges 20% to $57M ATH Amid V2 Upgrade Expectations

Robinhood Chain ecosystem token PONS hits new high with $57M cap, driven by V2 upgrade plans supporting ETH and tokenized stocks.

Woofun AI data shows that PONS, the native issuance platform token on Robinhood Chain, briefly exceeded a $57 million market capitalization, establishing a new all-time high. The asset is currently trading near $53 million, reflecting a 24-hour gain of 20% alongside approximately $5.3 million in trading volume.

The price movement correlates with anticipation for the Pons V2 upgrade, which will integrate an ETH joint curve and Uniswap V4 to facilitate trading against stablecoins and tokenized equities such as USDG, NVDA, AAPL, and HOOD. PONS functions as the utility token for fixed-supply token creation, with platform fees utilized for buybacks and subsequent burning. The team previously disclosed that roughly 20% of the total supply was burned within eight days of launch, aiming to sustain deflationary mechanics through this revenue recycling model.