PancakeSwap Infinity Brings Advanced DeFi Features to Ethereum’s Base L2
PancakeSwap Infinity, the decentralized exchange version of PancakeSwap, has officially launched on Base, Ethereum’s fast-growing Layer 2 network. This launch brings PancakeSwap’s advanced DeFi features — including customizable dynamic fee structures, dual pool types, and significant gas-saving optimizations — to Base, reinforcing PancakeSwap’s mission to provide scalable and low-cost DeFi solutions across multiple chains.
Following its April debut on the BNB Chain, this rollout coincides with surging activity on the Base network, which recently recorded all-time highs in total value locked (TVL) and DEX trading volume. Additionally, PancakeSwap’s one-click cross-chain swaps powered by the Across Protocol now support seamless asset transfers between BNB Chain, Arbitrum, and Base, expanding user accessibility.
CAKE Token Tests Crucial Resistance Levels
The CAKE token is currently testing a key resistance zone between $2.80 and $3.00, a level that has challenged bulls multiple times since early 2025. The price action has formed a clear ascending triangle pattern characterized by higher lows, signaling increasing buying pressure.
Despite a slight pullback to around $2.65, CAKE remains strong technically, maintaining its position above the 20-day EMA and the triangle’s support line. Volume spikes during recent breakout attempts indicate growing market interest, reinforcing the likelihood of a bullish breakout.
A confirmed close above $3.00 would validate this breakout, potentially propelling CAKE toward the $4.00 target — derived from the triangle’s measured height.
Support Levels to Watch
On the downside, immediate support exists near $2.30, with a crucial psychological support at $2.00, the base of the ascending triangle. A breakdown below these points could negate the bullish setup, exposing CAKE to risks of falling toward $1.75 or lower.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
