{"id":12468,"date":"2025-10-03T08:45:10","date_gmt":"2025-10-03T08:45:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/cake-price-surges-25-as-bnb-rally-drives-the-chains-flagship-dex-token\/"},"modified":"2025-10-03T08:45:16","modified_gmt":"2025-10-03T08:45:16","slug":"cake-price-surges-25-as-bnb-rally-drives-the-chains-flagship-dex-token","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/cake-price-surges-25-as-bnb-rally-drives-the-chains-flagship-dex-token\/","title":{"rendered":"CAKE price surges 25% as BNB rally drives the chain\u2019s flagship DEX token"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">CAKE has blasted past a key resistance zone that capped action since late December, fuelled by BNB\u2019s new all-time high. What\u2019s next for CAKE price?<\/p>\n<div id=\"cn-block-summary-block_b8297d38e0d9eeaa1cfb9ed4a52644a9\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>CAKE price has cleared $2.80\u2013$2.90 resistance and the previous swing high at $3.10, now ~24% above its 20-day SMA.<\/li>\n<li>A healthy correction could bring price back to $2.80\u2013$2.90 before resuming upward momentum. <\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>After gaining almost 20% yesterday, PancakeSwap (CAKE) price continues its rally today, having broken through the previous swing high and the psychological resistance at $3 with strong momentum and trading volume. Price reached an intraday high of $3.58, marking its highest level this year. <\/p>\n<p>With this surge, CAKE price has also cleared the horizontal resistance band between $2.80\u2013$2.90, a barrier that has capped the price action since late December \u2014 albeit a couple of fakeouts in recent months.<\/p>\n<p>Technically, the breakout move appears to have been set off by a retest of the ascending trendline support near $2.50, which consistently acted as a foundation for higher lows throughout 2025. <\/p>\n<p>Looking ahead, a retest of the breakout level around the previous swing high at $3.10 would be the best-case scenario for bulls after such an extended move. With the current price at $3.38, it\u2019s about 24% overextended above the 20-day SMA at $2.72. A more measured and likely scenario, however, is a deeper pullback into the $2.80\u2013$2.90 zone, which would still be considered a healthy retest for bullish continuation.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3ACAKEUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">What\u2019s driving CAKE price?<\/h2>\n<p>Binance Coin (BNB) hit a new ATH today, surpassing $1,100. CAKE\u2019s liquidity and trading activity on BNB Chain make it highly correlated with BNB\u2019s price action, meaning BNB\u2019s rally likely boosted sentiment for CAKE.<\/p>\n<p>Additionally, PancakeSwap recently <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/PancakeSwap\/status\/1972632464108744718\">launched<\/a> \u201cFee-Earning Limit Orders\u201d on BNB Chain. These orders, when executed, pay a 0.1 % fee to the order placer. This not only incentivizes deeper liquidity, but also creates an additional revenue stream that flows back into the PancakeSwap ecosystem. For long-term CAKE holders, this is meaningful because PancakeSwap channels a portion of its protocol revenue into CAKE buybacks and burns, directly reducing supply while reinforcing the token\u2019s value capture.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CAKE has blasted past a key resistance zone that capped action since late December, fuelled by BNB\u2019s new all-time high. What\u2019s next for CAKE price? Summary CAKE price has cleared&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=12468"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12468\/revisions"}],"predecessor-version":[{"id":12470,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/12468\/revisions\/12470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12469"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=12468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=12468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=12468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}