**[PONS Market Cap Enters Top 100 in Cryptocurrency Rankings]** BlockBeats News, September 5: According to GMGN data, the market cap of Robinhood's on-chain token PONS briefly surpassed $910 million, hitting a new all-time high before retreating to $855 million. Its market cap has now entered the top 100 in cryptocurrency rankings. PONS is the platform token of Pons, the native token issuance platform for Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, with WETH fees collected used to buy back PONS, and PONS fees collected directly burned. Some community members view it as the "Pump.fun" of Robinhood Chain. BlockBeats reminds users that such tokens are highly volatile, and investments should be approached with caution. [Original Link]