Overview

• CAKE gained roughly 13–15% in the past 24 hours, pushing its price above $3.20 for the first time since February
• Twenty-four-hour trading volume more than doubled to over $460 million, signaling renewed trader interest
• PancakeSwap’s modular Infinity framework went live on the Base network in July, extending its customizable liquidity hooks to a second chain
• A trading campaign featuring five Binance Alpha Tokens is offering up to $250,000 in rewards through August 5
• Technical analysts highlight the breakout above the $2.90 resistance level and an ascending triangle pattern that could propel CAKE toward $4.25 and beyond