Pancakeswap Price Prediction: Will CAKE Surge To $5.99?

The CAKE token is heating up, climbing 4.67% in a single day , as momentum builds around PancakeSwap’s recent milestones and future plans.

PancakeSwap is making its way back into the spotlight—and with long-term PancakeSwap price prediction estimates suggesting CAKE could reach up to $16.01 by 2030, investors are watching closely to see if this DeFi giant can deliver on its bullish potential.

PancakeSwap (CAKE) is currently trading at $2.46. The token reached its all-time high of $44.18 on April 30, 2021, while its all-time low was just $0.0002, recorded on September 29, 2020.

PancakeSwap has officially reported its strongest quarter ever, with $205.3 billion in trading volume for Q1 2025. 

This milestone reflects a significant rise in user activity and liquidity, showing that despite broader market turbulence, DeFi isn’t slowing down.

The platform’s TVL (Total Value Locked) now sits at $1.86 billion, further boosting confidence in its ecosystem. 

With a market cap of $847.9 million and over 2 million holders, CAKE is proving its staying power in the competitive world of decentralized finance.

PancakeSwap Infinity Update

Fueling the recent price surge is the buzz around PancakeSwap Infinity, a highly anticipated upgrade aimed at enhancing trading features and streamlining the user experience. Though no official launch date has been announced, the community is buzzing with speculation, treating Infinity as a major price catalyst.

Earlier rumors of a KiloEx IDO turned out to be false, but did lead to a gas fee optimization update that temporarily stirred the market. Still, excitement surrounding Infinity hasn’t faded, and many believe it could spark a fresh wave of adoption.

CAKE Price Prediction: What’s Ahead?

Analysts are beginning to revisit their CAKE price predictions with renewed optimism. In the short term, projections suggest CAKE could climb to around $5.99 if bullish momentum continues

. In a more conservative outlook, CAKE may hover around $4.15, while a bearish turn could drag it down to $2.40.

Looking further out, by 2030, long-term forecasts place CAKE between $12.58 and $16.01, with an average target of $14.29, assuming sustained growth in the DeFi space and continued platform innovation.