After creating a token on PandaTool and enabling trading, I noticed frequent activity from 0x07964f135f276412b3182a3B2407b8dd45000000. What is this address and what is it used for?
The address 0x07964f135f276412b3182a3B2407b8dd45000000 is a Transit Swap router contract (Transit Finance / Transit Swap). Transit Swap is the cross-chain/aggregation swap router used by TokenPocket/Transit Finance for instant in-wallet swaps and cross-chain routing; many in-wallet “swap” operations route through this router address. BSCScan/other chain explorers have tagged this address as a Transit Swap router contract.

What this implies in practice:
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If you see frequent trades involving that address, they are likely on-wallet quick swaps or cross-chain swap operations executed by users of TokenPocket (or services using Transit Swap). In those cases the router contract mediates token movement and appears in transaction histories.
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Seeing it does not imply malicious behaviour — it’s an established swapping router used by many users and services.