PONS October 14 Data Update
1️⃣ Robinhood Chain's trading volume continues to recover. Its 24-hour DEX trading volume is around $1.17 billion, ranking fourth across all chains, behind only Solana, Ethereum, and Base. PONS data is also picking up.
2️⃣ Platform metrics improved from yesterday: trading volume rose from $56 million to $75 million (+33.9%); platform fees from $436,000 to $555,000; protocol revenue from $67,000 to $80,000; newly issued tokens from 1.6K to 1.9K; and the number of holder addresses increased by 417.
However, it's only been recovering for a day or two, so that doesn't mean things have stabilized yet. We'll need to keep watching.
3️⃣ Burns have temporarily stopped. The cumulative burn rate remains at 32.45%, and around $700,000 in the buyback pipeline remains unused. The reason is still under investigation.
4️⃣ PONS is currently undervalued, with trading volume and market interest both near the bottom. As long as it doesn't hit a new low, the outlook remains primarily bullish! #9月CPI来袭原油美债走势如何 #交易员押注美联储再加息三次 #比特币再次跌破8.3万美元 $PONS
1️⃣ Robinhood Chain's trading volume continues to recover. Its 24-hour DEX trading volume is around $1.17 billion, ranking fourth across all chains, behind only Solana, Ethereum, and Base. PONS data is also picking up.
2️⃣ Platform metrics improved from yesterday: trading volume rose from $56 million to $75 million (+33.9%); platform fees from $436,000 to $555,000; protocol revenue from $67,000 to $80,000; newly issued tokens from 1.6K to 1.9K; and the number of holder addresses increased by 417.
However, it's only been recovering for a day or two, so that doesn't mean things have stabilized yet. We'll need to keep watching.
3️⃣ Burns have temporarily stopped. The cumulative burn rate remains at 32.45%, and around $700,000 in the buyback pipeline remains unused. The reason is still under investigation.
4️⃣ PONS is currently undervalued, with trading volume and market interest both near the bottom. As long as it doesn't hit a new low, the outlook remains primarily bullish! #9月CPI来袭原油美债走势如何 #交易员押注美联储再加息三次 #比特币再次跌破8.3万美元 $PONS