PancakeSwap overtakes Uniswap in volume, but price says otherwise – why?

PancakeSwap has achieved a remarkable milestone, with a trading volume of 14 billion USD in a week, indicating a significant jump of 58.04%.

Despite its volume lead, PancakeSwap’s price increased only slightly by 0.15%, contrasting with Uniswap’s greater price boost of 0.90%.

Raydium stands out with a 5.46% price rise to 3.54 USD, reflecting a mixed sentiment in the market among investors.