Binance Alpha debut lifts PONS to record $0.52

PONS reached a record $0.52 after Binance Alpha opened trading in the token. PONS last traded near $0.50. PONS rose 21.87% over 24 hours. The token's market value reached near $362 million. PONS ranked 118th by market capitalization. Binance Wallet said on September 2 that Binance Alpha added PONS and FLORK. PONS trades on Alpha 1.0 only. Users can place market and limit orders. Total crypto market capitalization dropped over 2% to $2.26 trillion. Bitcoin and Ethereum traded lower. FLORK climbed about 293% after entering Binance Alpha, according to Wu Blockchain. FLORK later added more than 80%. FLORK's market value briefly reached roughly $17.5 million. PONS logged 95,969 trades over the past day. A Dune dashboard counted 8,014 wallets during that period. The activity produced $64.94 million in daily turnover. PONS ranked among the three most-traded assets on Robinhood Chain over the period. PONS cleared $702.12 million in cumulative volume. That volume covered more than 2.1 million trades. The token had 66,422 unique traders. The Robinhood Chain launchpad had cleared $4.54 billion in volume. PONS traded about 3% below its peak.