PancakeSwap has launched its upgraded Infinity platform on the Base Layer-2 network, significantly advancing decentralized trading capabilities amid technical indicators suggesting a potential price breakout for its native CAKE token.
The deployment introduces sophisticated trading features including customizable Hooks and dual liquidity pool structures, optimizing cost-efficiency on Base. This integration leverages Base’s high-throughput architecture to minimize transaction fees while maintaining interoperability with BNB Chain and Arbitrum networks.
Technical analysis reveals CAKE forming an ascending triangle pattern, with a decisive breakout above $3.00 potentially propelling gains toward $4.00. Critical support zones rest at $2.30 and $2.00 – breaches below these thresholds could signal bearish reversals.
The expansion coincides with Base’s accelerating ecosystem growth, reflected in its surging total value locked (TVL) and exchange volume. PancakeSwap’s strategic deployment underscores the broader adoption of multi-chain DeFi infrastructure, facilitating accessible liquidity solutions beyond traditional Layer-1 constraints.