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Pons (PONS) reached a record high of $0.52 on Thursday following the opening of trading on Binance Alpha. The token last traded near $0.50, representing a 21.87% gain over the preceding 24 hours.
This price action lifted the market value of the Robinhood Chain launchpad token to approximately $362 million, securing the 118th position by market capitalization.
Binance Wallet announced on September 2 that PONS and the meme coin FLORK were added to Binance Alpha. PONS is available for trading on Alpha 1.0 exclusively via market and limit orders.
The listing occurred against a broader market backdrop where total crypto market capitalization declined by over 2% to $2.26 trillion, with both Bitcoin (BTC) and Ethereum (ETH) trading lower.
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