Pons Hits Record High as Uniswap Labs Makes Strategic Purchase

Pons (PONS) surged to a new record high of $0.73 on Friday, after Uniswap Labs disclosed its purchase of the token, pushing the price up by roughly 41% in a day.

This milestone adds to an already impressive rally for Pons, which has lifted the meme coin 2534.7% in just one month, leaving traders sharply divided.

The Uniswap purchase is significant because it deepens the relationship between the two teams and carries weight given their direct competition on the same chain.

Pons had previously set a record high after being listed on Binance Alpha, and has now extended that run.