Decentralized exchange PancakeSwap is reaping the rewards of a Binance Smart Chain surge—sending its CAKE token flying.

CAKE, the native cryptocurrency of PancakeSwap, a decentralized exchange on the BNB Chain, has surged over 45% within the last 24 hours.CAKE surged from a low of $1.78 to a high of $2.69 in early Monday's session, extending yesterday's recovery from lows of $1.383. At the time of writing, PancakeSwap was up 40% to $2.48 and up 59% weekly.

TL;DR The BNB Chain has become a hotspot for meme tokens, with PancakeSwap leading trading activity and drawing over 60,000 daily users. PancakeSwap's robust daily volume of $1.63 billion outpaced Solana's, thanks to Binance's curated ecosystem that mitigates risks like rug pulls.

PancakeSwap (CAKE) is showing strong bullish momentum with a 15% surge in price.

PancakeSwap's native token CAKE surged 15% as the trading platform overtook other decentralized exchanges in daily trading volume, reaching $1.64 billion.

BNB jumps 25% as rumors of a Trump-Binance deal circulate. A double bottom pattern hints at a potential breakout to $875—will bulls sustain momentum?

BNB is seeing bullish sentiment from investors and traders as Binance Smart Chain's decentralized exchange volume surpasses Solana and Ethereum.

After retesting and rebounding from a crucial support level of around $1.55 in the past few weeks, PancakeSwap (CAKE), the largest decentralized exchange (DEX) on the BNB chain, has signaled a shift to bullish sentiment.

The crypto markets remained sluggish throughout the weekend without massive price actions, while the rise in the BTC price raised optimism. In the meantime, BinanceCoin has gained the spotlight, recording decent gains compared to the other top 10 cryptos.

BNB price is up by 3.57% today despite the broader crypto market consolidation while eyeing fresh all-time high levels above $750. The investor sentiment has improved as the Binance Smart Chain (BSC) records a massive surge in the meme coin activity led by Mubarak.

The short-term sentiment behind CAKE appeared bullish- could this lead to increased bidding and a move beyond $2.16 next?

Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.

Cryptocurrency prices rose modestly during the weekend as investors embraced a risk-on sentiment following Friday's surge in the US stock market. Bitcoin (BTC) held steady above $84,000, while the market cap of all coins rose to over $2.8 trillion.

Bulls are trying to hold the gained initiative at the end of the week, according to CoinStats.

The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.

This week, the crypto market failed to notch an all-inclusive rally, extending the uncertainty it has faced since January. Due to this, most altcoins in the market recorded major declines, with some registering yearly lows. However, trade-war tensions and inflation in the US plunges, there's a renewed buying interest in the altcoin market.

There may be potential for a major price rally here.

Learn about Binance Coin (BNB): its uses, benefits within the Binance ecosystem, and key information about this cryptocurrency.

Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.

While BTC is struggling, some altcoins are witnessing positive growth in their network utility, active address count, whale activity, and social sentiment.

Bitcoin (BTC) has risen back above the 200-day simple moving average ($83,754), indicating that the bulls are attempting a comeback. The failure of the bears to capitalize on the drop below the 200-day SMA shows that selling dries up at lower levels.However, Bitcoin may not be out of the woods yet.

XRP price has risen this week after falling to a crucial support level that could determine its trajectory this month. With Ripple showing strength above $2.3, here are some of the top XRP rivals that could benefit even if the US government shuts down tomorrow.

Despite ongoing sellers' pressure, some coins are in the green zone, according to CoinStats.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

On today's episode of CNBC Crypto World, bitcoin and ether hover while BNB rises after the Wall Street Journal reports the Trump family has explored a stake in crypto exchange Binance. Plus, crypto payments giant MoonPay looks to acquire stablecoin infrastructure start-up Iron.

Binance Coin price rose for three consecutive days, and four crucial catalysts may push it to over $1,100 in the near term.

The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.

Binance Coin (BNB) is back in the spotlight, this time for a major price jump. The token surged 15% in just two days, fueled by a massive $2 billion investment from an Abu Dhabi-based firm, MGX.

Donald Trump's tariffs and their uncertainties have led to higher odds of a recession in the US and other countries. PIMCO analysts have boosted their recession odds to 35%, and the Atlanta FedNow tool estimates that the economy will contract in Q1.

BNB has surged to $578, fueled by a record-breaking $2 billion institutional investment from Abu Dhabi's MGX.

The Binance exchange Coin (BNB) is always in the limelight either due to its price performance or the controversies around the crypto platform. Despite everything, investors view it as a potential coin after Bitcoin, Ethereum, and others.

Bitcoin (BTC) bounced from $76,606 on March 11, but the bulls could not sustain the price above $84,500 on March 12. Nansen principal research analyst Aurelie Barthere told Cointelegraph that Bitcoin is in a macro correction in a bull market, with the next crucial level being “$71,000-$72,000, top of the pre-election trading range.

Many investors dismiss BNB as simply "the Binance coin," but that designation fails to recognize the potential arising from its broader value unlock, says Osprey Funds' Matt Gerics.

BNB is making a strong comeback as bullish momentum picks up following a recent dip, sparking renewed optimism among traders. After facing significant selling pressure, the price found solid support at the $500 mark, allowing buyers to step in and drive a sharp rebound.

The majority of the coins keep falling today, according to CoinStats.

Blockchain sleuthing firm Bubblemaps launched its BMT token for its upcoming investigation platform. But some investors aren't happy.

Binance announced that it would host Bubblemaps' (BMT) Token Generation Event (TGE) on PancakeSwap.

BNB could be a beneficiary of major upgrade that will allow Ethereum compatibility and community co-governance.

Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels.

The establishment of a Strategic Bitcoin (CRYPTO: BTC) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world. While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), according to Trump's earlier announcement.

BNB Chain reveals winners of the BNB Incubation Alliance at ETHDenver, aiming to accelerate blockchain innovations and onboard the next billion Web3 users.

BNB flashed signs of a potential rally, driven by whale activity and upcoming developments.

BNB Chain has announced March 20 as the date for the Pascal Hardfork on its mainnet. In a post on X, the Binance-backed blockchain network said the much-anticipated upgrade is now ready to go after the successful implementation of the Hardfork on its testnet.

BNB Chain announced a major upgrade, the Pascal Hardfork, slated for March 20. The upgrade improves Ethereum Virtual Machine (EVM) compatibility, smart contract wallets, and developer flexibility.

Changpeng Zhao, better known to the crypto community as CZ, has taken to social media to announce the upcoming launch of a hardfork on the Binance Chain that is to take place at the end of March.

BNB surged as network activity hit record highs, reflecting growing adoption. Rising addresses and investor interest signaled potential bullish momentum.

The BNB (BNB) price remains stuck close to $600, well within its recent multi-month ranges, as traders assess the impact of the US strategic Bitcoin reserve's on the broader crypto market, and wait to hear more from the White House about their plans towards the crypto industry at today's summit event. The post BNB Price At a Major Cross Roads – Bearish Breakout Imminent as US Recession Risks Rise? appeared first on Cryptonews.