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What PancakeSwap [CAKE] transactions have to do with network performance
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PancakeSwap [CAKE] has been setting up its game in terms of network performance over the last few months. Dune’s data revealed that the total number of transactions on PancakeSwap has been on an uptrend since the beginning of this year, after a disappointing Q4 2022. This increase represents increased adoption and usage of the network.
Source: Dune
Read PancakeSwap’s [CAKE] Price Prediction 2023-24
As the transactions increased, CAKE made a major announcement regarding the launch of its new v3. The timeline of the launch seemed to have been in check, as at the end of January, CAKE revealed that the release will happen during the end of Q1 2023.
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