What happened?
Altcoin season has rotated attention to PancakeSwap, MYX Finance, and EigenLayer as investors chase tokens with clear catalysts and enough depth to handle bigger orders. PancakeSwap is getting boosted by Tokenomics 3.0 supply burns and new cross-chain swap access, MYX is volatile after an airdrop distribution dispute, and EigenLayer launched EigenAI/EigenCompute tying restaking to verifiable AI compute. Together, these developments are pulling liquidity toward projects that turn user activity into ongoing fee flows instead of one-off pumps.
Who does this affect?
Short-term traders and derivatives desks are most affected because the news and controversies are creating big intraday moves and trading opportunities. DeFi users and liquidity providers on PancakeSwap benefit from burns and expanded cross-chain trading that can raise fees and demand for CAKE. Developers and stakers are also in the spotlight since EigenLayer’s AI services could bring new projects and capital into restaking and infrastructure tokens.
Why does this matter?
This matters because liquidity is rotating into projects with real product updates, which can help sustain the broader altcoin rally if volumes keep coming. If PancakeSwap’s monthly burns and cross-chain swaps keep volumes up, CAKE could see steadier support, while clarity on MYX’s airdrop could calm volatility and normalize flows. More broadly, EigenLayer’s AI-on-restaking story could attract new demand into staking derivatives and infrastructure tokens, deepening these markets and shifting where crypto capital flows next.