While PancakeSwap leads in the DeFi market, CAKE’s price has yet to catch up with the platform’s momentum. With current technical advancements and strategies, PancakeSwap has the potential to continue growing, but the road ahead remains fraught with challenges. PancakeSwap’s Rise in the DeFi Market PancakeSwap, one of the decentralized exchanges (DEX) on BNB Chain, is solidifying its strong position in decentralized finance (DeFi). According to the latest data from Dune Analytics, PancakeSwap led in trading volume market share over the past seven days, with an impressive 66
source: https://beincrypto.com/pancakeswap-leads-defi-while-cake-struggles/