<ul><li>Coinbase plans to list PancakeSwap’s $CAKE token (ERC-20 version) to broaden access to Ethereum-compatible wallets once pre-listing conditions are met.</li><li>The SEC dropping its lawsuit against Binance has eased regulatory pressure and boosted confidence in the Binance Smart Chain ecosystem.</li><li>PancakeSwap remains the dominant DEX on Binance Smart Chain with $165.3 billion in trading volume in May, representing 93% of the Binance ecosystem’s DEX activity.</li><li>$CAKE token responds positively in the market after Coinbase's announcement, trading at around $2.44 with potential momentum for a surge towards a short-term target near $4.3.</li></ul>

Coinbase to List PancakeSwap $CAKE Powerful Impact on Crypto Traders

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