PancakeSwap accepted the ZkSync Era with open arms and this could prove to be an advantage for the chain and its native token CAKE.
Looking at it from a different angle, the integration with ZkSync Era might unlock more demand and utility for PancakeSwap in the long run. But just how is PancakeSwap fairing especially in the current environment?According to DappRadar, PancakeSwap V3’s lowest volume during the last four weeks was $79.73 million on 23 July. It clocked in 110,100 transactions and 53,800 unique new wallets on the same day.
Meanwhile, its highest volume during the last 30 days came in at $417.81 million on 30 June. It registered 129,440 transactions and over 64,000 UAWs on the same day.The difference was notably low, and the network’s historic activity remained within the same range for the rest of the four weeks. This reflected the subdued nature of the market during the same period. Despite that, we did observe something interesting regarding network activity.
The number of active addresses fell between 18 and 21 June before bouncing back for the rest of the month. As such, network activity went down during the same phase. Both metrics bounced back strong after that and even pushed to new monthly highs on 27 July.continued to deliver a significant amount of sideways activity. It exchanged hands at $1.50 at the time of writing.
This means it was still trading near its lowest point so far this year. While the price didn’t achieve any significant upside, investor confidence continued to improve. Furthermore, at press time, it stood at its highest point in the last four weeks.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa denies Bernardo transfer was due to Liberal law, points to Harper era - National | Globalnews.caConservative Leader Pierre Poilievre has said the transfer would not have happened if the Liberal government hadn't changed the law with Bill C-83 in 2019.
Read more »
Raptors need to shake old habits as team embarks on new eraIt's easy to slip into familiar habits, but the Raptors need to break away from their past in order to move forward.
Read more »
Spotlight: Kenjgewin Teg introduces Beverley Roy as President, ushering in a new era of Indigenous educationMs. Roy looks ahead to advancing the delivery of academic credentials and strengthening partnerships
Read more »
Here's what the 'era of global boiling' means for CanadaScientists are warning the world has entered into a 'global boiling' period. Here's what this means for Canada.
Read more »
B.C. social media company first to be fined for illegal stock promotionsA B.C. Securities Commission hearing panel was more lenient against a social media company than the commission's executive director had hoped for in a precedent-setting case of social media-era stock promoting.
Read more »