{"id":5613,"date":"2025-07-24T06:22:40","date_gmt":"2025-07-24T06:22:40","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pancakeswaps-infinity-hits-base-chain-will-cake-price-follow-and-hit-new-highs\/"},"modified":"2025-07-24T06:22:45","modified_gmt":"2025-07-24T06:22:45","slug":"pancakeswaps-infinity-hits-base-chain-will-cake-price-follow-and-hit-new-highs","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pancakeswaps-infinity-hits-base-chain-will-cake-price-follow-and-hit-new-highs\/","title":{"rendered":"PancakeSwap\u2019s Infinity hits Base chain. Will CAKE price follow and hit new highs?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>PancakeSwap Infinity DEX has just launched on Base, bringing its advanced DeFi features to the Ethereum L2 as PancakeSwap\u2019s CAKE token price tests key resistance, eyeing $4. <\/p>\n<div id=\"cn-block-summary-block_dccc56271c911a83a5294d7bd270614c\" 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>PancakeSwap Infinity launched on Base chain, bringing its advanced features and gas optimizations to the Layer 2 network.<\/li>\n<li>Rollout on Base follows Infinity\u2019s recent launch on BNB Chain and coincides with record activity on the Base network<\/li>\n<li>CAKE price is forming a bullish ascending triangle pattern with resistance at $2.80\u2013$3.00 and higher lows.<\/li>\n<li>A breakout above $3.00 could push CAKE toward a $4.00 rally target<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h3 class=\"wp-block-heading\">PancakeSwap Infinity launches on Base amid surging network activity<\/h3>\n<p>PancakeSwap\u2019s decentralized exchange, PancakeSwap Infinity, has officially <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/PancakeSwap\/status\/1947642790453670029?t=oCW-8ZtA3uUR3OTTzpTE9A&amp;s=19\" target=\"_blank\">launched<\/a> on Base, bringing Infinity\u2019s powerful features \u2014 including dynamic fee structures via customizable Hooks, dual pool types, and major gas-saving optimizations \u2014 to one of the fastest-growing Ethereum Layer 2 ecosystems. The rollout also aligns with PancakeSwap\u2019s broader goal of delivering scalable, low-cost DeFi across chains.<\/p>\n<p>The rollout on Base follows closely on the heels of Infinity\u2019s debut on BNB Chain in late April and comes amid a surge in activity on the Base network, which recently <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/base\" target=\"_blank\">hit record highs<\/a> in both total value locked and DEX volume. <\/p>\n<figure class=\"wp-block-image size-full\"><picture decoding=\"async\" class=\"wp-image-14399335\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">Source: Base TVL | <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/base\" target=\"_blank\">DeFiLlama<\/a><\/figcaption><\/figure>\n<p>It also follows the launch of PancakeSwap\u2019s one-click cross-chain swaps via the Across Protocol, which already supports asset transfers between BNB Chain, Arbitrum, and Base.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">CAKE technical analysis<\/h2>\n<p>CAKE price has recently tested the key horizontal resistance in the $2.80\u2013$3.00 range. This level has acted as a significant barrier, having been tested multiple times since early January. This was accompanied by a series of higher lows, forming a well-defined ascending triangle \u2014 a bullish continuation pattern that suggests increasing buying pressure at progressively higher levels.<\/p>\n<p>Although the price has pulled back from the local peak of $3.00 to $2.65 at the time of writing, CAKE remains technically strong \u2014 holding above both the 20-day EMA and the ascending trendline that defines the pattern\u2019s support. Notably, volume also spiked during the recent breakout attempt, signaling growing market interest. This, combined with CAKE\u2019s consistent pattern of higher lows converging toward the key resistance zone, points to mounting bullish pressure that soon culminate in a breakout.<\/p>\n<p>A confirmed close above the $3.00 level would validate the ascending triangle breakout, setting the stage for a potential rally toward the $4.00 region, a target derived from the measured move of the triangle\u2019s height.<\/p>\n<p>On the downside, the immediate support lies around $2.30, followed by the psychological $2.00 level, which forms the triangle\u2019s base. A breakdown below these levels could invalidate the bullish setup and expose CAKE price to further downside risk toward $1.75 or lower.<\/p>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14399332\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"2692\" height=\"1665\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/07\/1753338160_530_PancakeSwaps-Infinity-hits-Base-chain-Will-CAKE-price-follow-and.png\" alt=\"PancakeSwap\u2019s Infinity hits Base chain. Will CAKE price follow and hit new highs? - 2\">\n<\/picture><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3ACAKEUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PancakeSwap Infinity DEX has just launched on Base, bringing its advanced DeFi features to the Ethereum L2 as PancakeSwap\u2019s CAKE token price tests key resistance, eyeing $4. Summary PancakeSwap Infinity&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5613","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\/5613","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=5613"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5613\/revisions"}],"predecessor-version":[{"id":5615,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/5613\/revisions\/5615"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5614"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=5613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=5613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=5613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}