🚀 PancakeSwap’s Infinity Launches on Base Chain: Is a CAKE Price Surge to New Highs Next?

PancakeSwap just dropped a bombshell—its Infinity protocol is now live on Base chain. The DeFi giant’s latest move could be the rocket fuel CAKE needs to break past resistance.

The Base Effect: More Chains, More Gains?

With Infinity expanding to Ethereum’s L2 playground, liquidity miners are circling. Will cross-chain yields bake fresh demand for CAKE, or is this just another 'vampire attack' in designer sneakers?

CAKE’s Make-or-Break Moment

Traders are watching for that sweet spot—a breakout above key levels could send CAKE slicing toward ATHs. But let’s be real: in crypto, even 'sure things' sometimes crumble like a stale muffin.

One thing’s certain: the degens aren’t sleeping on this. Whether it’s genuine innovation or just yield-farming musical chairs, the next few weeks will separate the diamond hands from the bagholders.

PancakeSwap Infinity launches on Base amid surging network activity

PancakeSwap’s decentralized exchange, PancakeSwap Infinity, has officially launched on Base, bringing Infinity’s powerful features — including dynamic fee structures via customizable Hooks, dual pool types, and major gas-saving optimizations — to one of the fastest-growing Ethereum Layer 2 ecosystems. The rollout also aligns with PancakeSwap’s broader goal of delivering scalable, low-cost DeFi across chains.

The rollout on Base follows closely on the heels of Infinity’s debut on BNB Chain in late April and comes amid a surge in activity on the Base network, which recently hit record highs in both total value locked and DEX volume.

It also follows the launch of PancakeSwap’s one-click cross-chain swaps via the Across Protocol, which already supports asset transfers between BNB Chain, Arbitrum, and Base.

CAKE technical analysis

CAKE price has recently tested the key horizontal resistance in the $2.80–$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 — a bullish continuation pattern that suggests increasing buying pressure at progressively higher levels.

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 — holding above both the 20-day EMA and the ascending trendline that defines the pattern’s support. Notably, volume also spiked during the recent breakout attempt, signaling growing market interest. This, combined with CAKE’s consistent pattern of higher lows converging toward the key resistance zone, points to mounting bullish pressure that soon culminate in a breakout.

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’s height.

On the downside, the immediate support lies around $2.30, followed by the psychological $2.00 level, which forms the triangle’s base. A breakdown below these levels could invalidate the bullish setup and expose CAKE price to further downside risk toward $1.75 or lower.