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Crypto News

Vanxx and Wab records are the highest quarter ever from the start, but cake prices decreased

Vanx and father concluded the best quarter in their history. However, its original symbol cake decreased by 24 % this month, and now trading about $ 1.94.

Pancakewap has made the highest level of trading ever in the amount of $ 205.3 billion in the first quarter of 2025. This standard quarter represents a major milestone for exchange since its launch. The platform has grown dramatically since early 2023, with a 921 % trading volume, the user numbers increased by 81 %, and the number of transactions increased by 159 %.

The decentralized exchange of the BNB series began in 2020. Since then, it has expanded into several Blockchains collections and turned into a complete Defi platform. According to data from sand dune analyzes, Q1 brought 2025 5.83 million unique traders – the highest number since late 2021.

Since 2023, growth shows the growing popularity of vanquets. The semester trading volume jumped from $ 20.1 billion in the first quarter of 2023 to 205.3 billion dollars in the first quarter of 2025. The number of unique traders increased from 3.2 million to 5.8 million during this period. The number of transactions also saw significant growth, increasing from 44.1 million to 114.4 million.

source: https://dune.com/pancakeswap/pancakeswap-dex

Success and innovation multi -commodity

Pancakeswap has strengthened its website, a pioneering exchange via many Blockchains. I dealt with a wonderful interest of $ 1.14 trillion on the BNB series alone. Other chains also show strong adoption, at $ 21.10 billion at the base, $ 20.28 billion on expression, and $ 20 billion on ETAREM.

The platform continues to innovate with modern promotions to version 3, and Bancakeswap Infinity will come soon. Users are increasingly adopting the Bancakeswap Telegram Bot for comfortable trading. Another common feature is Pancakeswapx, which allows users to perform trading operations without paying gas fees.

These numbers and developments highlight the growing dominance of the DEFI space. The platform has expanded its access constantly and improved its services, and attracted more users via various Blockchain networks.

Why the cake price decreases despite the strong performance

Despite these impressive numbers, the price of the cake code decreased by 24 % this month to $ 1.94. This separation occurs for several reasons.

The public encryption market has been fluctuating recently, as many symbols fell regardless of the success of their project. Although the volume of Pancakeswap trading has risen, this does not always increase the demand for cake codes.

The symbolic economy may also play a role. Even with the efforts made to make the cake more useful and less inflationary, investors are still worried about its long -term value. Competition grows from other decentralized stocks, which are spreading investment through more platforms.

There is often a delay between the success of the platform and the distinctive symbol price. Standard performance in Pancakeswap may raise the price of CAKE, but currently, they move in opposite directions.

With Q1 2025 such strong results show, Pancakewap is placed to continue growing throughout the year. However, whether the cake icon will eventually reflect this success to see.

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