Uniswap Buys PONS Stake, Triggering 20% Jump Following Massive 2,400% Rally

TL;DR:

• Uniswap Labs purchased a PONS stake for a longer-term partnership, pushing the token to a $0.75 all-time high while transaction details remained undisclosed.
• PONS gained more than 1,769% in 14 days and over 2,713% monthly, with $151.8 million in trading volume and continued strength against Bitcoin.
• Pons has burned 29.34% of supply, directs 80% of fees toward buybacks and burns, and captured more than 63% of Robinhood Chain launchpad volume.

Uniswap Labs has purchased a stake in PONS as part of a longer-term partnership, a move that immediately sent the token to a fresh all-time high of $0.75. The investment gave new momentum to a rally that was already difficult to ignore, with PONS trading near $0.71 after climbing 40.2% in 24 hours and more than 507% over the past week. The size and value of Uniswap’s purchase were not disclosed, leaving the market to react largely to the signal of deeper alignment between the two projects after announcing the deal on September 4 publicly.

Deepening our partnership with @Uniswap, Uniswap Labs has purchased ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 for long-term alignment

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