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PancakeSwap price jumps 14% as DEX platform launches CAKEPAD

  • PancakeSwap (CAKE) price jumped 14% to highs of $3.90.
  • CAKEPAD replaces IFOs with direct wallet commitments and full fee burns for deflation.
  • PancakeSwap’s price could eye $10 amid overall market bounce.

PancakeSwap’s native token, CAKE, has seen a 14% price increase over the past 24 hours.

The gains come after the decentralized exchange platform introduced CAKEPAD, an innovative token launch mechanism poised to enhance user engagement and token utility.

PancakeSwap price jumps 14%

CAKE extended its rally on Monday, climbing 14% in the past 24 hours to reach $3.90 — its highest level since December 2024.

The latest move pushed the token’s monthly gains to more than 55%.

The price breakout follows a prolonged consolidation phase during which CAKE traded below $3.00, forming an ascending triangle pattern that set the stage for bullish momentum.

Renewed buying interest and improving fundamentals have since driven the altcoin to multi-month highs.

Trading activity on PancakeSwap surged sharply, with daily volumes jumping 169% to over $663 million — a milestone that helped fuel the rally.

The platform has also been outperforming peers such as Uniswap in spot decentralized exchange activity, reinforcing its dominance among retail traders.

PancakeSwap’s ongoing token burn program has further supported prices by reducing supply.

With an increasing number of CAKE tokens permanently removed from circulation, bullish sentiment around the asset has strengthened.

PancakeSwap price chart by CoinMarketCap

PancakeSwap launches CAKEPAD

PancakeSwap’s price gains come amid the platform’s launch of CAKEPAD.

The DEX protocol announced the unveiling of the new platform on Monday, October 6, 2025.

CAKEPAD is a multi-chain platform that grants users exclusive early access to vetted tokens prior to their exchange listings.

The launch, which sees CAKEPAD replace the previous IFO platform, eliminates traditional barriers like staking requirements and lock-up periods, democratizing participation for retail and institutional users alike.

“We’re excited to introduce CAKE.PAD, the new and improved early token access experience on PancakeSwap, giving you exclusive early access to new tokens before they hit exchanges,” the platform wrote in a blog post.

A key feature of the platform is the permanent burning of CAKE fees generated from related events.

Like other initiatives, this has the potential to further reinforce the token’s deflationary economics and utility.

CAKE price outlook

From a technical point of view, PancakeSwap’s price is largely bullish.

The Relative Strength Index for CAKE stands at 69 amid sustained buying pressure.

However, since it’s not overextended into the overbought territory, bulls could yet see another leg up.

CAKE price chart by TradingView

Combining this outlook and overall market optimism, including BNB’s rise to all-time highs above $1,200, suggests the DEX token is trending into bullish territory.

But while bulls could target $5 and even the $10 mark, a drop below $3.50 could trigger a short-term correction.

In this case, the $3.00 area is a major support level.

The post PancakeSwap price jumps 14% as DEX platform launches CAKEPAD appeared first on CoinJournal.

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Cardano (ADA) eyes $0.89 breakout as Bitcoin steals the spotlight

  • Whales have accumulated 70M ADA as retail traders stay cautious.
  • Cardano (ADA) faces key breakout resistance near the $0.89 level.
  • Bitcoin’s dominance limits altcoin momentum and ADA’s recovery.

Cardano’s price has been caught in a tug-of-war as the broader crypto market rallies behind Bitcoin’s surge to record highs.

While Cardano (ADA) remains more than 70% below its all-time peak, signs of accumulation by large holders suggest that the token could be preparing for a decisive move, with $0.89 emerging as the key breakout level.

However, retail hesitation and shifting market sentiment continue to weigh on its momentum, leaving traders watching closely for confirmation of the next trend.

Bitcoin dominance leaves Cardano lagging

Bitcoin’s climb to $125,000 has reshaped the market landscape, pulling liquidity from altcoins into BTC and exchange-traded funds.

The Bitcoin Dominance Index has risen to 58.3%, reflecting a clear rotation of capital that has left many altcoins struggling to keep up.

Bitcoin Dominance
Source: CoinMarketCap

Cardano has not been spared, underperforming the wider market and slipping by 0.5% over the past 24 hours to trade at $0.854.

Cardano’s trading volumes have fallen by 13% to $1.13 billion, signalling a dip in immediate demand even as technical patterns show a buildup of pressure beneath the surface.

Whales accumulating ADA as retail hesitates

Beneath the quiet price action, large Cardano holders have been steadily adding to their positions.

Wallets holding between 10 million and 1 billion ADA have collectively absorbed an additional 70 million tokens in recent days, worth close to $59 million at current prices.

Cardano (ADA) whale accumulation
Source: Santiment

The Chaikin Money Flow (CMF), a measure of capital inflows, has turned positive at 0.12, reinforcing the view that larger players are preparing for a potential upside move.

However, the enthusiasm of retail traders has not matched this activity.

The Money Flow Index has been trending lower, pointing to weaker conviction among smaller investors.

This divergence between whale accumulation and retail caution has kept ADA coiled inside a symmetrical triangle, delaying a sharper breakout even as broader conditions tilt in favour of accumulation.

ADA price analysis

From a technical standpoint, ADA faces layered resistance that could determine whether the token manages to escape its consolidation range.

The immediate barrier lies at $0.855, where the 50-day simple moving average converges with the 50% Fibonacci retracement level.

A stronger resistance zone sits between $0.86 and $0.89, the latter acting as the critical breakout level that traders are monitoring.

A daily close above $0.89 would confirm bullish momentum and open a path toward $0.93 and $0.95.

On the other hand, Cardano’s price has tested $0.832, a zone tied to the 61.8% Fibonacci retracement, which now serves as a short-term floor.

A deeper dip below $0.78 would invalidate the bullish setup and confirm a bearish turn, leaving the triangle structure broken.

But until then, ADA remains in a delicate balance between buyer accumulation and market hesitation.

Cardano price outlook sparks optimism

Despite its struggles, some analysts believe Cardano is primed for a resurgence reminiscent of past breakout runs seen in other major assets.

Market analyst Timofei argues that ADA mirrors the conditions that allowed XRP to surge in 2024 and Solana to rebound dramatically in 2023.

Notably, XRP posted a 239% rally last year, while Solana’s comeback from the depths of the FTX collapse saw a 919% increase.

Timofei notes that ADA has been consolidating inside an expanding symmetrical triangle since early 2023.

The analyst notes that after a rejection near $1.32 in December, Cardano (ADA) has moved closer to the midpoint of the structure.

Timofei expects a retest of the lower trendline, which could mark the final bottom before a significant rebound.

His analysis points to a potential breakout that could send ADA back toward the $3 region, a 254% gain from current prices.

The post Cardano (ADA) eyes $0.89 breakout as Bitcoin steals the spotlight appeared first on CoinJournal.

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Sui price consolidates above $3.50 as inflows tick up

  • Sui recorded approximately $3.5 million in net inflows last week.
  • Investors have injected over $138 million into Sui-related digital asset products.
  • Bulls could ride institutional demand and overall market tailwinds to target a new all-time high.

Sui (SUI) price is showing signs of a potential breakout as bulls stabilise above the $3.50 threshold.

Increased capital inflows, signalling renewed institutional interest, add to the overall bullish picture for SUI.

Sui holds a key level amid $3.5 million in capital inflows

The crypto market’s sharp bounce in the past week has Sui price poised above $3.50 and eyeing an upward continuation.

Meanwhile, the Sui ecosystem has recorded a modest yet encouraging uptick in investment activity.

According to CoinShares, approximately $3.5 million in net inflows poured into SUI-linked funds and products over the past seven days.

This comes as demand for institutional-grade exchange-traded products (ETPs) and venture-backed staking pools surges sharply.

Investors looking to position with Sui have injected over $138 million into related digital asset products and funds, with assets under management rising to $348 million.

While Bitcoin and Ethereum dominate with billions of dollars in weekly inflows, the overall bullish sentiment is helping smaller coins.

A lot of this is down to treasury strategy moves and exchange-traded funds anticipation, while macro tailwinds strengthen the push for more gains in the fourth quarter.

The $3.5 million inflows point to Sui’s appeal among institutional investors.

SUI price: is a new all-time high next?

SUI’s price action has entered a textbook consolidation phase.

Over the past weeks, the token has traded between $3.52 and $3.65, with a market capitalisation hovering around $13.1 billion and daily volume near the $1 billion mark.

As per CoinMarketCap data, this metric stood at around $997 million at the time of writing on Monday.

The altcoin’s stability comes after a 13% rally in the past week that has bulls retesting a key resistance zone.

Notably, technical indicators paint a bullish picture, with the relative strength index (RSI) sitting at 56, neutral yet trending upward.

Bids are also concentrated near the middle line of the Bollinger Bands, having seen a significant bounce off the support line.

Sui Price
Sui price chart by TradingView

Bullish catalysts for Sui include accelerating network growth and a supportive broader crypto market outlook.

Analysts expect substantial upside for Bitcoin, with some projecting a move toward $126,000.

Such an advance could trigger a broader sector rally, fueled by capital rotation and renewed risk appetite.

“Traders short October calls are rolling higher toward 126k–128k as $BTC keeps grinding up,” said analysts at QCP Group.

“The move shows conviction in sustained upside into month-end, with the market leaning on supportive macro stories and seasonal strength.”

A confluence of factors, including sustained inflows and strong technical momentum, could position SUI to retest its all-time high above $5.35, last seen in January.

The post Sui price consolidates above $3.50 as inflows tick up appeared first on CoinJournal.