CAKE News: PancakeSwap Reverses Early-2025 Downtrend With Significant Weekly Gains
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PancakeSwap [CAKE] has demonstrated impressive performance, reversing an early-2025 downtrend with a remarkable 46% weekly gain. This turnaround is indicated by rising transactions and 24-hour trading volume, signaling positive developments for investors and traders.
PancakeSwap [CAKE] Reverses Early-2025 Downtrend With 46% Weekly Gains
PancakeSwap has performed impressively over the past two weeks, reversing an early-2025 downtrend with a 46% weekly gain. The DEX showed rising transactions and 24-hour volume, indicating encouraging signs for investors and traders. CAKE's relative performance stood out as Bitcoin [BTC] shed 1.48% of its value. Surprisingly, CAKE had a near-zero correlation with major assets like Bitcoin and Ethereum [ETH], but a +0.79 correlation with Litecoin [LTC]. Other positive indicators for PancakeSwap include an increase in active addresses since March 2024.
Top Altcoins to Watch for Potential Success
With XRP's strong performance attracting more investors to the cryptocurrency industry, several other altcoins are poised for similar success. Among the promising options are BTC, ETH, LTC, and other coins listed in the instruction, considering their utility and potential. Investors are advised to keep an eye on these altcoins for possible gains in the future.
Litecoin ETF Incoming? IntelMarkets Could Race Ahead of Cardano in 2026
Litecoin is exhibiting potential for a bullish rally as ETF approval edges closer, while Cardano price is surging substantially. However, experts are intrigued by IntelMarkets, a revolutionary project that has already raised over $9.5 million in its presale. Can INTL surpass the ADA token to become the hottest altcoin in 2026? Litecoin (LTC) is surging amidst rumors of ETF approval. Despite struggling significantly following Trump’s trade wars, the altcoin now shows signs of a bullish turnaround, hovering around the $126 mark and appreciating by over 12% in the past week. Experts attribute this movement to growing anticipation around the approval of Litecoin ETFs.