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moves money PYMNTS.com September 04, 2026

Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain

Memecoin App Pons Drives Record Fees on Robinhood’s New Blockchain
AI Summary

A third-party token-creation application has emerged as one of the digital asset industry’s largest fee generators, driven by active retail trading on Robinhood Markets’ newly launched blockchain network. 3) report by CoinDesk, users paid about $5.95 million in fees over a 24-hour period to create and trade tokens through Pons , an independent launchpad operating on the Robinhood Chain . CoinDesk reported that this trading surge briefly positioned Pons as the fourt

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