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PancakeSwap (CAKE) daily transaction count overtakes Ethereum and the DeFi space is more competing than ever. Will Ethereum move fast enough to take it all back? Well, it remains to be seen but it will be harder than expected... The DeFi platform of PancakeSwap (CAKE) has reached a new milestone in terms of daily transaction count. At the time of writing, PancakeSwap has handled 1,733,484 transactions in the last 24-hour period. The DeFi platform has also experienced a 24-hour trade volume of $1.7 billion with approximately $9.86 Billion in total value locked. This amount has exceeded Ethereum’s at 1.427 million in the same time period.

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