CAKE price surged over 30% in the past month as traders are increasingly incentivized to buy and hold CAKE in order to qualify for real-time fee discounts enabled by the recently integrated trustless hooks on PancakSwap Infinity. PancakeSwap (CAKE) has seen 30% jump in the past month, currently trading at $2.67. The surge is likely buoyed by the recent integration of the Brevis trustless hooks on PancakeSwap Infinity. The Brevis Hooks system enables PancakeSwap Infinity to offer personalized, dynamic trading fees that are fully enforced by onchain logic—eliminating the need for staking, which is usually required on exchanges where users must lock up the native token to access fee discounts. Instead, the hooks automatically detect users’ trading volumes and CAKE balances and apply fee discounts in real time. https://twitter.com/PancakeSwap/status/1926861141046706646 For volume-based discounts, the eligible pairs include USDT–USDC and ETH–USDT. Traders who execute higher volumes on these pairs receive reduced fees as a reward for their activity. For CAKE-based discounts, simply holding CAKE in your wallet qualifies users for lower trading fees on these pairs—no staking required. You might also like: PancakeSwap Infinity brings ZK-powered intelligent UX with Brevis The Brevis Hooks have been live for about a month now, having launched on April 28 as part of the release of PancakeSwap Infinity (formerly PancakeSwap v4). The personalized fee discounts made possible thanks to these hooks is likely behind the 30% monthly surge in the price of CAKE as this feature likely encouraged traders to buy and hold their CAKE to qualify for lower trading fees. As far as the current price action is concerned, today’s 12% price surge pushed CAKE above the local resistance at $2.60, and it is now approaching the major resistance zone near $2.80. A confirmed breakout above this level could pave the way toward the psychological $3.00 mark. CAKE is also trading above both the EMA 20 and the SMA 50, with a bullish crossover that has held for nearly three weeks, reinforcing the strength of the ongoing uptrend. Source: TradingView You might also like: PancakeSwap v4 rebrands to PancakeSwap Infinity with major upgrade