TL;DR:
- A major memecoin launchpad surpassed $8.3 billion in cumulative seven-day volume between August 30 and September 5.
- Crypto.com and PYMNTS announced the launch of the first AI-powered Prediction Market Contracts on a regulated exchange.
- A consortium of 21 global banks and asset managers, including Citi, Goldman Sachs and Fidelity, plans to issue a dollar-backed stablecoin in the first half of 2027.
The crypto market closed last week with a signal that could hardly go unnoticed: memecoins consolidated a cycle of sustained activity that is pushing both volume and the infrastructure dedicated to their launch higher.
According to data from Crypto.com’s research dashboard, the combined daily volume between Pump.fun, deployed on Solana, and Pons, which operates on Robinhood Chain, consistently exceeded $1 billion since August 30, with a weekly cumulative of $8.3 billion across memecoin platforms.
Memecoins on the Rise: Pons Displaces Pump.fun
Pons led in volume since September 2 among memecoin platforms, with a daily average of $625 million compared to the $562.4 million recorded by Pump.fun. The gap widened in fees: Pons generated more than $36.4 million in fees over the last seven days of the analyzed period, against the $9.4 million posted by its competitor. The disparity suggests a migration of liquidity toward the new launchpad that cannot be explained by volume alone, but also by the cost structure that traders are willing to absorb.
The week’s macroeconomic context also weighed on various financial markets. An August jobs report that nearly tripled consensus estimates pushed the implied probability of a Federal Reserve rate hike in September above 60%, triggering a broad sell-off in growth stocks and risk assets. Despite this, Bitcoin rose 3.44% and Ethereum 4.05%, while NEAR led large-cap tokens with a gain of 34%.
Crypto.com Bets on AI-Powered Prediction Markets
On the corporate front, Crypto.com and PYMNTS announced an exclusive partnership to launch the first AI-powered Prediction Market Contracts on the regulated exchange OG Prediction Markets.
The instruments will allow users to trade on measurable global AI adoption data, without relying on indirect indicators such as semiconductor sales or cloud infrastructure spending. Additionally, Prospect Prediction Markets Inc. signed a definitive agreement with OG Prediction Markets and Crypto.com Derivatives North America to structure a sports prediction markets platform in the United States, scheduled for the third quarter of 2026.
On the regulatory front, the SEC proposed modern rules for transfer agents that formally recognize blockchain-based ownership records, while a consortium of 21 global financial institutions, including Goldman Sachs, Bank of America and Deutsche Bank, announced the formation of a joint venture to issue a dollar stablecoin aligned with the U.S. GENIUS Act and the European MiCA framework, with a launch planned for the first half of 2027.
