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Crypto Prune > Exchange > Pancakeswap prices skyrocket when the 24-hour DEX volume reaches $2.2 billion
Exchange

Pancakeswap prices skyrocket when the 24-hour DEX volume reaches $2.2 billion

7 months ago 3 Min Read

Pancakeswap prices have risen by more than 9% in 24 hours as decentralized exchanges increase daily trading volume to $2.2 billion and lead the sector.

The price of Pancakeswap (Cake) was $2.37. This is native token rise for decentralized Exchange as Crypto joined the inventory on climb amid fresh investor optimism about trade negotiations between the US and China.

Upside, which helped Bitcoin (BTC) to over $103,000, cascaded the Altcoin market to make Pancakeswap a buoy, but there was a noticeable ferociousness around the cake

As the tokens are immersed and bounced at the $1.61 low on April 7, buyers are above their key level at $2 and are broken. Pancakeswap token prices have increased by more than 26% in the past month.

You might like it too: Will Bitcoin price reach $110,000 as the Crypto Fear and Greed Index turn green?

Many advantages in the market for DEX protocol follow the announcement of PancakesWap Infinity.

The rebranding of the protocol was released in late April, and the community was brightened as key upgrades brought traders a new layer of scalability and decentralized financial opportunities and improvement.

Pancakeswap Infinity offers more advanced features than V4 products, including multi-chine support beyond the BNB chain, providing automated market manufacturers and centralized liquidity support for the AMM of liquidity. Clamm and Blamm offer a variety of pool types and provide flexibility for users looking for different liquidity strategies.

Another highlight is a custom pricing structure, hooks for customization with dynamic pricing, and optimized liquidity returns.

pancakeswap Infinity is now live! (Previously Pancakeswap v4) https://t.co/9bmuw3q1m6

🔹 Multiple pool type for the impact of capital efficiency and low price
Encourage fees and hooks to get better rewards
All, store gas in every transaction
Infinity’s swap & lp starting with @bnbchain…pic.twitter.com/fn7snfjdw8

– Pancakeswap (@pancakeswap) April 28, 2025

Dex volume has increased significantly over the past week, with Pancakeswap increasing trading volume by 37%.

See also  Nasdaq, S&P 500 eyes improve as stock rebounds

Over the past 24 hours, the platform’s 24-hour volume has exceeded $2.2 billion as markets recover. This came when the cake jumped over 9%. The wit defilama data shows that the volume pump was placed at the top of the leaderboard between the dexes.

Uniswap ranked second in its daily DEX volume with around $2.18 billion, but was pale and white compared to Pancakeswap in its weekly time frame, with only +3%. Pendle made 162% jumps on daily volume, but only about $126 million per defilama.

Pancakeswap has seen weekly volumes totaling over $9 billion, with the Dex market reaching $11.4 billion in the last 24 hours and $60.3 billion in the past week.

You might like it too: Pancakeswap Records’ best quarter since it was launched for $200 billion in Q1 trading volume

TAGGED:ExchangeExchange NewsNews
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