PancakeSwap’s native token, CAKE, has seen a significant rally, driven by the introduction of Tokenomics 3.0 and increased trading activity, with its market capitalization reaching $902 million.

Uniswap becomes the first DEX to reach $3 trillion in aggregate all-time volume, while PancakeSwap holds the second-largest position in the DEX market with $2.7 billion in volume.

PancakeSwap’s market value has experienced significant fluctuations, with a 52-week high of $4.44 million and a low of $1.22 million, leaving its future uncertain but potentially exciting in the ever-changing crypto market.

PancakeSwap has launched PancakeSwap Infinity, a major update that introduces multichain support, improved tokenomics, and significant gas savings, solidifying its position as a leader in the DeFi arena.

Binance Wallet is hosting its 13th Exclusive Token Generation Event (TGE) for the MilkyWay (MILK) token on PancakeSwap, with a subscription window opening on April 29, 2025.