Can PancakeSwap Reach $4? CAKE Price Evaluation During Polygon zkEVM Conclusion

If the CAKE price had maintained its upward trend from the early part of September, it could have been an extraordinary month for PancakeSwap. Despite the drop in the third week, buyers of CAKE crypto have still successfully recorded substantial overall gains.

Currently, the CAKE price has risen by a commendable +9% from its lows in September. Local support remains strong around $2.30, whereas resistance is at $3.20, marking the monthly peak. In addition to the basic price movements, candlestick formations indicate significant resilience, creating a uptrend setting for optimistic PancakeSwap investors.

(Source: CAKE USDT, TradingView)

DefiLlama reports that BNB Smart Chain (BSC) remains among the leading blockchains, ranking third after Solana. Throughout 2025, its total value locked (TVL) has been on the rise, paralleling the recent surge in BNB prices that surpassed $1,000 to achieve new all-time highs. BSC currently holds over $7.9Bn in TVL, an increase from $5.4Bn at the year’s beginning. Within this flourishing ecosystem, PancakeSwap stands out as the foremost Decentralized finance protocol, managing over $2.2Bn in TVL.

(Source: DefiLlama)

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Polygon zkEVM Decommissioning: PancakeSwap Adjusts

As DeFi achieves wider global adoption, spurred by new stablecoin introductions from major tech giants in the U.S., platforms like PancakeSwap will be crucial in facilitating seamless exchanges and trustless asset settlements.

Yesterday, PancakeSwap announced that it will be discontinuing base level for Polygon zkEVM, in sync with Polygon Labs’ decision to retire the network’s live platform beta by 2026.

With Polygon zkEVM being phased out, Polygon Labs is reallocating resources to other scalable solutions, particularly emphasizing the success of its AggLayer.

UPDATE: PancakeSwap will sunset its Polygon zkEVM deployment on Sept 16 due to low activity.

Available volume providers should withdraw before the shutdown. pic.twitter.com/dKjOdr91Qc

— Andres Meneses (@andreswifitv) September 5, 2025

This transition has occurred in stages. Beginning July 29, features including fiat on-ramps, farms, bridges, and market fluidity pool deposits were discontinued. As of September 30, the complete interface, encompassing tools for exchanges and market fluidity provider withdrawals, will be removed.

To prevent interruptions, PancakeSwap advises users to migrate assets like CAKE and stablecoins to other supported networks, such as BNB Chain.

While it’s regrettable to part ways with Polygon zkEVM, the effect on PancakeSwap should be minimal.

The DEX predominantly thrives on BNB Chain, where most of its TVL resides, despite operating across various networks such as Ethereum. Specifically on Polygon zkEVM, only about $78,676 in assets remain locked, as reported by DeFiLlama.

Furthermore, with Polygon zkEVM now concluded, the PancakeSwap development team can focus on high-potential projects, including launching perpetuals and expanding to new chains.

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Can CAKE Reach $4? Aster As Catalyst

Attention is drawn to whether the CAKE USDT pair can recover from recent declines and surpass $3.20.

 

Base level is positioned at $2.30, and maintaining strength in the upcoming sessions could clear the path for further growth. A decisive close above essential liquidation levels would establish the base for a possible ascent toward $4.

Multiple factors could spur this momentum. Initially, a proposal to lower BNB Chain fees would make swapping and perpetual trading on this already budget-friendly protocol more attractive, enticing additional retail traders.

Gas fees matter.

They influence where traders operate, where liquidity moves, and where innovative developments occur.

That’s why validators on BNB Chain are suggesting to reduce fees by half and speed up block production, ensuring BNB Smart Chain (BSC) stays competitive with the fastest networks in the crypto realm.

BNB… pic.twitter.com/sCdHutFfrJ

— BNB Chain (@BNBCHAIN) September 23, 2025

Next, Aster continues to defy trends and rise. Although ASTER prices have dropped -8% over the last 24 hours, holders have experienced near +1,700% gains in the past two weeks.

Aster commands over $2.2Bn in TVL and reported nearly $1Bn in trading volume in the last day.

(Source: Coingecko)

The success of Aster is a positive indicator for PancakeSwap: The DEX facilitates ASTER/USDT and ASTER/BNB pools, rewarding participants with CAKE. Revenue generated from these pools also contributes to CAKE token repurchases and burns, enhancing the scarcity of the crypto token.

$ASTER Edition Farms Spotlight

Stake your Aster LP tokens and start earning

• ASTER-USDT — https://t.co/n4gAuxGptH
• ASTER-BNB — https://t.co/Qv9WLFW1Yx
• ASTER-BNB — https://t.co/SO9SM5SusP
• ASTER-USDT — https://t.co/F5KPKhQaSA
• ASTER-USDT —… pic.twitter.com/HUU3cG66sT

— PancakeSwap (@PancakeSwap) September 26, 2025

Additionally, Aster’s EARN module permits earning yield of CAKE for yields of up to +30% APY, enhancing its utility and further stimulating buyer interest for the token.

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