PancakeSwap's token, CAKE, has turned heads with an impressive 46% surge in just one week, marking a significant reversal of its early 2025 downtrend. While Bitcoin (BTC) and other major cryptocurrencies showed declines, CAKE managed to break away from the broader market movement, posting solid weekly gains.
Fibonacci retracement levels showed that the previous swing move south was almost entirely retraced.
The tokens of the Binance ecosystem, BinanceCoin (BNB) and PancakeSwap (CAKE), have been showing remarkable strength over the weekend, with the beginning of the week bringing even more bullish momentum. As both tokens display signs of a potential breakout, analysts believe they are on the brink of a major price surge, possibly rising by 20% in the near future.
Cryptocurrencies displayed mixed trends on Monday as altcoins signaled recoveries while Bitcoin remained stuck around the $97K region. Amidst the indecisive performance, DeFi tokens thrived with substantial gains. While the global crypto market capitalization lost nearly 1% to $3.
PancakeSwap (CAKE) has surged 70% in a week, reflecting growing DeFi momentum. With Total Value Locked (TVL) rising and liquidity increasing, DeFi protocols are showing signs of a renewed bull cycle.
The prices of the popular tokens, BiananceCoin & PancakeSwap, have begun to inflate as the bulls are utilizing all their resources to defend the strong support. The recent consolidation around the gains has confirmed a bullish pattern and a breakout from the range may initiate a fresh ascending trend.
PancakeSwap was the best-performing top-100 cryptocurrency last week as the volume in its ecosystem surged. PancakeSwap (CAKE) token rose by nearly 50% in the last seven days.
BNB Chain, associated with Binance, topped Solana in daily fee generation on February 13, recording $5.8 million in fees, per Nansen data. This marked the first time since October 31, 2024, that a blockchain outside Ethereum or Solana led in fees, exceeding Solanas $3.3 million and outpacing Ethereum by over fivefold.
The rising meme coin vortex on the BNB Chain triggered by Binance co-founder CZ has helped PancakeSwap surpass $1 trillion in trading volume.
PancakeSwap, a leading decentralized exchange (DEX) on BNB Chain, has surpassed Uniswap in daily and weekly trading volume, driven by increased interest in memecoins. According to DeFiLlama, PancakeSwap recorded over $3 billion in 24-hour volume and $21 billion weekly, while its native token, CAKE, soared 40% in a day and doubled in value over the week.
PancakeSwap's native token, CAKE, has been on an impressive run, rising 53% in just 24 hours, with its weekly gains pushing past 100%. This surge comes after a brief decline over the last month, sparking speculation about whether the token can maintain its bullish momentum or if it will face a short-term correction.
The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.
CAKE, the native token of decentralized exchange PancakeSwap, the largest protocol on the BNB Chain, saw an unexpected 50% price increase in hours, capturing the market's attention.
CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.
TL;DR CAKE has risen by 34.9% in 24 hours and over 100% in the last week, reaching $2.87 after a correction phase that brought it close to $1.33. The total value locked (TVL) in the platform has grown by 15.91%, reaching $1.85 billion, with the potential to surpass $2 billion if the trend continues.
PancakeSwap (CAKE), Sonic prev. Fantom (S) and Lido DAO (LDO) are the top gainers among 100 largest cryptocurrencies by market cap. CAKE price has spiked more than 40% in the past 24 hours, while S and LDO have notched +17% and +12% to rank among best performing altcoins today.
The move comes as bitcoin has stuttered around $96,000.
PancakeSwap has pulled off a 52.7% rally in the last 24 hours, fueled by its growing presence in the DeFi space.
PancakeSwap's native token, CAKE, has emerged as the top-performing asset in the past 24 hours. Its value has soared by 57%, causing the altcoin to trade at an all-time high of $3.04 at press time.
Despite bullish momentum, CAKE could experience a brief cooldown. Can the alt resurge after that and sustain its momentum?
Cryptocurrencies displayed optimism on Thursday following Bitcoin's swift rebound after yesterday's US CPI-driven dip below $95K. While top alts Ethereum (+3.55%), XRP (+2.30%), and Dogecoin (+2.80%) recorded significant gains in the past day, PancakeSwap dominated trends. CAKE jumped from its $1.92 opening price to a daily high of $3.2 – a 66.67% jump.
The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.
The crypto prices on Thursday echoed considerable optimism among traders and investors globally, embarking on rising trajectories. Bitcoin (BTC) price pumped to regain a hold above $97K, whereas Ethereum (ETH), XRP, and Solana (SOL) also traded dominantly in the green territory intraday.
The Binance Coin price has surged and is nearing its all-time high as demand for the token jumps. BNB jumped to a high of $720 on Thursday morning, about 10% below its all-time high of near $800.
PancakeSwap (CAKE) has experienced a remarkable surge of over 100% in the past week, riding on the broader recovery of the BNB ecosystem.
PancakeSwap reached peak volumes in January, extending the heightened activity into the new month. The chain, which lagged during the bear market, is turning into another active hub for meme tokens.
The Four.meme token platform lost $183K in an exploit, pausing PancakeSwap LP trading while on-chain trades remain active.
PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.
Unlike most smart contract platforms that expose transactional data on-chain, Zano's privacy-preserving approach ensures that contract execution details remain obscured.
PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs' dLIMIT and dTWAP protocols, according to a note shared with crypto.news.
The dLIMIT and dTWAP protocols by Orbs are now also supported by the three networks.
Pop star Zayn Malik had the Last of Us-themed birthday cake for his birthday. He shared the eerie Clicker cake with his fans on social media.
PancakeSwap has now burnt a total of 8.9 million CAKE as it looks to enhance ecosystem valuation.
PancakeSwap, the multi-chain decentralized exchange, has successfully burned 9 million of the native token CAKE. The DEX platform, available across multiple chains, including BNB Chain, Ethereum, Aptos, Base, Arbitrum, and Linea, announced the token burn on Jan. 13.
Decentralized exchanges (DEXs) are growing in popularity among crypto users. In the past year, DEXs have generated significant competition for centralized exchanges (CEXs) that currently control trading.
Aerodrome Finance has recently made a major impact in the decentralized finance (DeFi) space by surpassing PancakeSwap in market capitalization. This notable achievement has fueled discussions about the platform's potential to reshape the DeFi landscape and challenge established players like Uniswap.
Aerodrome Finance flips PancakeSwap, signaling a post-crypto crash power shift in DeFi dominance.
Story Highlights The live price of CAKE token is . PancakeSwap price can go as high as $5.99 in 2025. CAKE with a potential surge could go as high as $16.01 by 2030. The ever-evolving crypto space is home to a host of promising and competent projects.
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform's year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion.
PancakeSwap closes 2024 with unprecedented $310 billion trading volume, showcasing massive growth through Layer-2 networks like Arbitrum and Base, while introducing innovative features like SpringBoard.
PancakeSwap's 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
Binance announced a significant update to leverage and margin tiers for key cryptocurrencies, including Magic Eden (ME), PancakeSwap (CAKE), and five other crypto. Notably, the other cryptocurrencies are Mines of Dalarnia (DAR), IOTA (IOTA), Livepeer (LPT), Harmony (ONE), and Horizen (ZEN).
GSTechnologies Ltd (LSE:GST)'s wholly owned subsidiary, GS Fintech UAB, has entered into a business purchase agreement to acquire CAKE's business and assets, including the Bake cryptocurrency platform. The acquisition aligns with GST's strategy to enhance the international reach and technological capabilities of its GS20 Exchange.
PancakeSwap (CAKE) is making a return, but will avoid the reward model that will lead to token inflation.
Chef Kids, PancakeSwap's Head Chef, said SpringBoard differentiates itself from alternatives “by offering an all-in-one token launch process.”
BNB Chain launches a Memecoin Daily Airdrop Series, purchasing 33 BNB worth of top memecoins to distribute to BNB and CAKE holders from December 12-19, 2024.
PancakeSwap set a new benchmark in the DeFi space, recording a single-day trading volume of $1.27 billion on December 4.