If $PUMP can trade at $2B, I don’t see why $PONS can’t.

The logic is simple:
1. The valuation gap is huge.
$PONS is around $40–44M with roughly $56M in annualized revenue, less than 1x revenue. $PUMP is around $2B with $320–390M in annualized revenue, roughly 5–6x. Even at a much lower multiple than $PUMP, $PONS has a lot of room to run.
2. The tokenomics are better.
80% of PONS revenue goes to buying back and burning $PONS. Around 28.5% of the total supply has already been burned. More revenue = more buybacks = less supply.
3. $PONS is basically the $PUMP of Robinhood Chain.
$PUMP became huge with Solana’s meme boom. $PONS sits in a similar position on Robinhood Chain, except Robinhood Chain is still very early. If the ecosystem keeps growing, PONS should grow with it.
4. The numbers are moving, but the price hasn’t caught up.
PONS keeps generating revenue, more tokens are launching, and the buybacks keep running.
So the question is simple:
If Robinhood Chain takes off, how much is its main launchpad really worth?