PancakeSwap CAKE Price Soars 30% in a Month Due to Brevis Hooks

The price of CAKE tokens on the PancakeSwap exchange has jumped by over 30% in just one month, driven primarily by the recent integration of trustless hooks known as Brevis into PancakeSwap Infinity. These hooks allow for real-time fee discounts based on trading activity, eliminating the need for users to stake their native token and make them eligible for these benefits. This innovation has been met with enthusiasm from traders who are now incentivized to hold CAKE to qualify for lower fees, contributing significantly to the price surge.