Why Is PancakeSwap (CAKE) Price Up 30% on Oct. 3?

Key Notes

• PancakeSwap worth surged previous $3.0, with every day buying and selling volumes surging to $772 billion, hinting at sturdy bullish sentiment amongst merchants.
• The CAKE rally comes together with PancakeSwap’s multichain enlargement to Base and Solana, a $2.5B TVL in staking.
• Analysts see additional upside with the technical chart suggesting a CAKE breakout to $5.

PancakeSwap

CAKE
$3.60



24h volatility:
36.8%


Market cap:
$1.24 B



Vol. 24h:
$894.96 M



worth has blasted 30% on Oct. 3, being an outperformer within the broader crypto market rally. The BNB Chain-based decentralized alternate (DEX) has come into the limelight and BNB worth hit all-time highs above $1,100. Moreover, the DEX has seen document progress not too long ago amid rising market demand.

Key Causes Behind PancakeSwap Value Rally

The PancakeSwap worth rally immediately comes with an enormous 908% surge in every day buying and selling volumes, now reaching $663 million, suggesting a robust bullish sentiment amongst merchants.

The BNB price rally to all-time highs has additionally fueled optimism round its native DEX PancakeSwap. Along with this, the platform itself has registered document progress throughout the third quarter.

Throughout Q3 2025, the BNB-based decentralized alternate (DEX) noticed $772 billion in buying and selling quantity, clocking 42% improve from the earlier quarter and its third consecutive document excessive. Every day turnover has climbed to almost $3 billion, securing its place because the world’s second-largest decentralized alternate.

Furthermore, this surge in buying and selling exercise has additionally bolstered CAKE’s tokenomics by way of a 15% charge burn mechanism. On the similar time, the staking demand for the altcoin stays sturdy with whole worth locked at $2.5 billion, in accordance with the info from DeFiLlama.

Along with BNB Chain, PancakeSwap has expanded its multichain footprint with deployments on Coinbase’s Base chain, the place it recorded $1.6 billion in every day quantity, and on Solana. That is additional more likely to diversify income streams and drive broader adoption. Wanting forward, upcoming integrations in perpetuals and staking may additional enhance demand if person traction continues to develop.

Within the newest improvement, PancakeSwap expanded its prediction market to help Bitcoin

BTC
$120 934



24h volatility:
1.5%


Market cap:
$2.41 T



Vol. 24h:
$68.68 B



and Ethereum

ETH
$4 471



24h volatility:
1.8%


Market cap:
$539.11 B



Vol. 24h:
$41.43 B



. The function, which already consists of BNB, lets customers forecast short-term worth actions in five-minute rounds.

The place’s CAKE Value Going Subsequent?

Following the sturdy breakout, market analysts predict additional good points all the way in which to $5. Common analyst BitcoinConsensus has highlighted a bullish setup for PancakeSwap’s native token CAKE, noting the formation of a big ascending triangle sample. The analyst said {that a} confirmed breakout may set a technical goal of $5, suggesting a possible main transfer forward for the DeFi token.

$CAKE forming an enormous ascending triangle 📐📈

🎯 Technical goal sitting at $5 on affirmation of a breakout.

Huge transfer on the horizon for #PancakeSwap.#CAKE #Altcoins pic.twitter.com/EeLkLA191F

— Bitcoinsensus (@Bitcoinsensus) October 2, 2025

Maxi Doge on Path to Elevate $3 Million

The continuing presale of dog-themed meme coin Maxi Doge (MAXI) has drawn sturdy investor participation, elevating $2.711 million to date. The fundraising milestone displays rising confidence within the undertaking’s long-term outlook, notably amid the broader Dogecoin-led rally within the meme coin sector.

Maxi Doge presents staking rewards, a buying and selling group that incentivizes high members with MAXI tokens, and has outlined plans for potential partnerships in perpetual buying and selling. These options have supported momentum within the presale, which has already positioned Maxi Doge among the many best crypto presales of 2025.

Presale Snapshot

• Present worth: $0.0002605.
• Funds raised: $2.713 million.
• Ticker: MAXI.

Traders should purchase MAXI utilizing debit or bank cards, in addition to different cryptocurrencies. For detailed steps, the undertaking has revealed a information on how to buy Maxi Doge.

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