PancakeSwap's native token, CAKE, has been on an impressive run, rising 53% in just 24 hours, with its weekly gains pushing past 100%. This surge comes after a brief decline over the last month, sparking speculation about whether the token can maintain its bullish momentum or if it will face a short-term correction.

The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.

CAKE, the native token of decentralized exchange PancakeSwap, the largest protocol on the BNB Chain, saw an unexpected 50% price increase in hours, capturing the market's attention.

TL;DR CAKE has risen by 34.9% in 24 hours and over 100% in the last week, reaching $2.87 after a correction phase that brought it close to $1.33. The total value locked (TVL) in the platform has grown by 15.91%, reaching $1.85 billion, with the potential to surpass $2 billion if the trend continues.

PancakeSwap (CAKE), Sonic prev. Fantom (S) and Lido DAO (LDO) are the top gainers among 100 largest cryptocurrencies by market cap. CAKE price has spiked more than 40% in the past 24 hours, while S and LDO have notched +17% and +12% to rank among best performing altcoins today.

The move comes as bitcoin has stuttered around $96,000.

PancakeSwap has pulled off a 52.7% rally in the last 24 hours, fueled by its growing presence in the DeFi space.

PancakeSwap's native token, CAKE, has emerged as the top-performing asset in the past 24 hours. Its value has soared by 57%, causing the altcoin to trade at an all-time high of $3.04 at press time.

Despite bullish momentum, CAKE could experience a brief cooldown. Can the alt resurge after that and sustain its momentum?

Cryptocurrencies displayed optimism on Thursday following Bitcoin's swift rebound after yesterday's US CPI-driven dip below $95K. While top alts Ethereum (+3.55%), XRP (+2.30%), and Dogecoin (+2.80%) recorded significant gains in the past day, PancakeSwap dominated trends. CAKE jumped from its $1.92 opening price to a daily high of $3.2 – a 66.67% jump.

Will Unichain live up to the hype, or will it fizzle out once the excitement dies down?

The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.

Uniswap price has rebounded in the past few days, moving from a low of $6.9565 last week to near $10 today. UNI token has jumped by over 42% from its lowest point this month, as the Unichain mainnet neared the 1 million transactions.

The crypto prices on Thursday echoed considerable optimism among traders and investors globally, embarking on rising trajectories. Bitcoin (BTC) price pumped to regain a hold above $97K, whereas Ethereum (ETH), XRP, and Solana (SOL) also traded dominantly in the green territory intraday.

The Binance Coin price has surged and is nearing its all-time high as demand for the token jumps. BNB jumped to a high of $720 on Thursday morning, about 10% below its all-time high of near $800.

PancakeSwap (CAKE) has experienced a remarkable surge of over 100% in the past week, riding on the broader recovery of the BNB ecosystem.

PancakeSwap reached peak volumes in January, extending the heightened activity into the new month. The chain, which lagged during the bear market, is turning into another active hub for meme tokens.

On Tuesday, Uniswap launched the mainnet of its brand new layer-two Ethereum scaling protocol, called Unichain.

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Uniswap takes a major new step with the launch of Unichain, its Layer 2 blockchain on Ethereum. This announcement comes just a few days after the successful deployment of its version 4 on twelve major networks.

Uniswap Labs has finally launched the Unichain mainnet, an Ethereum layer-2 optimistic rollup built on the Optimism OP stack.

Uniswap has launched Unichain, a Layer-2 network built on Optimism's technology, offering 95% lower gas fees and one-second block times, with major protocols already building on the platform and a revenue-sharing model between validators, Uniswap Labs, and the Optimism Collective.

The world's most popular decentralized exchange has made an entry into the crowded Ethereum layer-2 space.

The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.

Uniswap has announced the mainnet launch of its Ethereum layer-2 blockchain, Unichain.

Uniswap Labs has launched Unichain Mainnet, a decentralized blockchain designed to reduce transaction costs and accelerate decentralized finance (defi) operations. Decentralized Rollup Unichain Goes Live, Targets Defi Scalability The Ethereum layer two (L2) network, tested through 95 million transactions and 14.

Unichain, Uniswap's native L2 network, launched and immediately invited 80 apps, over 700 smart contracts and over 8K users in the very first hours.

Uniswap Labs developers have announced the launch of the Unichain mainnet, an Ethereum Layer 2 solution.

Uniswap's Layer-2 solution Unichain is finally launched on the mainnet.

Uniswap just released its new Unichain protocol on the mainnet after a few months of testing. This feature will encourage cross-chain liquidity and overall efficiency for the firm's ecosystem.

“We're here to make DeFi faster, cheaper, more decentralized," said Uniswap Labs founder and CEO Hayden Adams.

Uniswap Labs launches Unichain, a new Layer 2 network designed for enhanced scalability in DeFi. With near-instant finality, lower gas fees, and cross-chain interoperability, Unichain has already processed 95 million testnet transactions and secured support from leading crypto projects. The post Uniswap Labs Launches Layer 2 Network Unichain Mainnet appeared first on Cryptonews.

While UNI's price rose, sentiment surrounding UNI remained positive amid a 30% increase in social media postsç.

Uniswap Labs has rolled out its Ethereum-compatible layer 2 network “Unichain” after four months of testing and over 100 million settled on-chain transactions.

Uniswap Labs has launched Unichain, its new Layer 2 blockchain, aiming to enhance the Ethereum ecosystem. The launch comes shortly after the introduction of Uniswap V4, marking another major development for the decentralized exchange.

TL;DR Uniswap Labs launched Unichain, a network designed for faster transactions and lower costs in the DeFi ecosystem. During the test phase, 95 million transactions were executed, and over 14.7 million smart contracts were deployed. Unichain offers interoperability, decentralization, and efficiency with gas costs up to 95% lower than Ethereum L1.

Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.

Unichain will features technological innovations like a new block builder and validator network to improve network security and minimize MEV.

Powered by Optimism's OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum's mainnet.

The Four.meme token platform lost $183K in an exploit, pausing PancakeSwap LP trading while on-chain trades remain active.

The DeFi sector witnessed significant turbulence this week, with major tokens recording substantial losses. Meanwhile, BitLemons ($BLEM) h

Uniswap (UNI) has experienced a remarkable surge in accumulation recently, signaling that it could be poised for a potential rally. The first week of February saw over $54 million worth of UNI tokens withdrawn from exchanges, a clear indication of increasing investor interest.

PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.

Whales and other could have a say in where UNI goes next.

A major crypto whale has accumulated $16 million in UNI tokens following a significant price downturn, coinciding with Uniswap's v4 launch that promises improved efficiency and cost savings.

Uniswap price has continued to stay in the red, hovering around the $9 mark, but recent developments indicate a strong recovery ahead. For context, whales or large investors have bagged nearly $16 million UNI over the past few days, signaling a strong confidence of the investors.

Unlike most smart contract platforms that expose transactional data on-chain, Zano's privacy-preserving approach ensures that contract execution details remain obscured.