Pons: 29% of the PONS total supply has been burned
The official Pons account posted an update on the token burn progress on the X platform. To date, 29% of the total PONS token supply has been burned, and the Pons Treasury continues to use 80% of protocol fee revenue to accumulate PONS. According to market data from GMGN, the Robinhood Chain ecosystem token PONS surpassed a $214 million market cap to hit a new all-time high, currently standing at $208 million, with a 24-hour gain of 61.32%.