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PONS jumps 13% as $13.82M buybacks boost demand and bullish derivatives signal strong trader confidence

Protocol Fundamentals
18 Sep 2026
AMBCrypto
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Bullish
PONS jumps 13% as $13.82M buybacks boost demand and bullish derivatives signal strong trader confidence

PONS surged 13% following a $13.82 million token buyback program funded by $19.64 million in earnings this September, tightening supply and supporting prices. Rising protocol fees and increased open interest in derivatives highlight strong bullish sentiment among traders, with whales still leading but retail participation growing. Despite some fragile spot market signals, the outlook remains positive if spot buying strengthens further as whale dominance eases.

PONS token activity is noted here with Pluang's market data as of Sep 18, 2026 15:41 WIB. Among 50 major cryptocurrencies priced on Pluang, 47 rose and 2 fell today. Notable gainers include THETA at Rp3.469 with an 8.88% increase and 100% buy order activity, SAND at Rp665 with an 8.84% rise, and GRT at Rp349 up 8.62%.

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