PancakeSwap’s native token CAKE has been cooking up a storm, jumping a tasty 35% in the last month to trade at around $2.83. What’s fueling this sweet rally? The recent rollout of Brevis trustless hooks on PancakeSwap Infinity, the platform’s latest upgrade.

No Staking, No Problem - Brevis Hooks Serve Up Dynamic Fee Discounts

Forget locking up your tokens for staking just to get a tiny fee break. Brevis Hooks brings personalized, on-chain-enforced fee discounts based on how much you trade and how much CAKE you hold. This clever system automatically detects your trading volume and CAKE balance, applying discounts in real time with zero hassle.

Traders scooping up big volumes on pairs like USDT–USDC and ETH–USDT get rewarded with lower fees. Plus, simply holding CAKE in your wallet slashes trading fees, no staking circus needed. This feature debuted on April 28 with PancakeSwap Infinity (formerly v4) and is probably the secret sauce behind CAKE’s recent price jump.

Bullish Moves and Resistance Levels to Watch

CAKE’s price has been on fire lately. After a solid 14% boost pushed it past the $2.60 resistance, it’s now comfortably sitting at $2.82, eyeing the next big hurdle around $2.90. If it clears that, the sweet spot at $3.00 is well within reach, making traders hungry for more gains.

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CAKE price. Source: TradingView

The token’s also enjoying a bullish crossover above both the EMA 20 and SMA 50 moving averages, a trend that’s been strong for almost three weeks, signaling more upside could be cooking.

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