PONS Hits Record High After Binance Alpha Listing

Pons (PONS) surged to a new all-time high after securing a listing on Binance Alpha, defying weakness across the broader cryptocurrency market. The rally pushed the Robinhood Chain launchpad token’s market capitalization to nearly $362 million, making PONS the 118th-largest cryptocurrency by market value.

Binance Wallet announced on September 2 that PONS and meme coin FLORK had joined Binance Alpha. PONS is currently available through Alpha 1.0, where traders can use market and limit orders.

The listing helped fuel strong demand even as the overall crypto market struggled. Total cryptocurrency market capitalization fell more than 2% to approximately $2.26 trillion, while Bitcoin (BTC) and Ethereum (ETH) also traded lower.

PONS was not the only token benefiting from Binance Alpha exposure. FLORK attracted heavy speculative activity, climbing roughly 293% and gaining more than 80% following its addition to the platform. Its market capitalization briefly reached around $17.5 million.

Trading data also highlights the strong momentum behind PONS. According to a Dune dashboard tracking Robinhood Chain activity, PONS recorded 95,969 transactions involving 8,014 wallets during the past 24 hours.

Those trades generated approximately $64.94 million in daily volume, placing PONS among the three most actively traded assets on Robinhood Chain during the period.

The token’s longer-term trading figures are even more substantial. PONS has generated more than $702.12 million in cumulative volume through over 2.1 million transactions involving 66,422 unique traders. The broader Robinhood Chain launchpad has previously recorded about $4.54 billion in total trading volume.

Despite its rapid rise, PONS has pulled back slightly and is now trading roughly 3% below its record high. Whether the Binance Alpha-driven rally continues could depend on sustained trading activity and investor interest, particularly as the wider crypto market faces selling pressure.