Binance, Coinbase, and other listings send Lagrange (LA) token up 231%

Lagrange (LA), a recently launched cryptocurrency tied to a powerful zero-knowledge (ZK) infrastructure project, has experienced a staggering price rally following its listing on top-tier exchanges. The token has surged by as much as 231%, driven primarily by the heightened visibility and trading accessibility made possible through listings on Binance Alpha , Coinbase , KuCoin , Bybit , MEXC , HTX , Bithumb , Bitget , and several other prominent platforms. This followed the token’s launch on June 4, 2025, which coincided with its token generation event (TGE) and a coordinated rollout across major exchanges. Although Binance has not yet enabled LA for spot trading, its inclusion on Binance Alpha alongside the listings on Coinbase and others significantly amplified investor attention. Binance @binance · Follow Get ready! Binance Alpha will be the first platform to feature Lagrange (LA)! Trading will open on June 4th, with the exact time to be announced. Eligible users need to use Binance Alpha Points to claim their airdrop on the Alpha event page, which will be published on June 4th 1:30 PM · Jun 3, 2025 1.3K Reply Copy link Read 621 replies Shortly after the TGE, the token rapidly rose from an opening price of $0.60 to an intraday high of $1.57, with its market capitalisation topping $265 million during the surge. According to CoinGecko data , the 24-hour trading volume exceeded $395 million, reflecting intense market participation and liquidity inflows fueled by retail and institutional demand alike. What is Lagrange (LA)? Moving from the price movement, the LA token serves a crucial utility within the Lagrange protocol, which aims to deliver decentralised proof generation and cross-chain data computation using advanced cryptographic mechanisms. At the core of its architecture lies a pair of powerful components—the ZK Prover Network and the ZK Coprocessor—that collectively provide trust-minimised, scalable infrastructure for decentralised applications. While the ZK Coprocessor facilitates off-chain computation requests for smart contracts and returns verifiable zero-knowledge proofs, the ZK Prover Network is responsible for generating these proofs using a decentralized network of provers. Consequently, the LA token is used for paying proof generation fees, subsidizing operational costs for provers, and enabling staking and delegation to help secure the network. Its tokenomics reveal a well-structured distribution, with 34.78% of the 1 billion total supply allocated to the community and ecosystem, and significant portions set aside for contributors, early investors, and the foundation. Moreover, 10% of the total supply was distributed via a fully unlocked community airdrop, which took place shortly before the token launched on exchanges. Despite initial short-term selling pressure from airdrop recipients, market confidence in Lagrange’s long-term potential quickly reversed the dip, allowing the token to continue climbing through June 5. At the height of its rally, LA posted a 528% increase from its all-time low of $0.2533, which was recorded just one day before the massive upswing. The surge in interest was not limited to price action alone, as “Lagrange crypto” trended on Google during the token’s peak trading window, signalling growing retail awareness. Investor enthusiasm was further fueled by Lagrange Labs’ strong backer profile, which includes the likes of Peter Thiel’s Founders Fund, 1kx, Maven11, and several other notable venture capital firms. The project also boasts deep integrations with leading blockchain protocols such as EigenLayer, Base, LayerZero, and Frax Finance, adding to its credibility and appeal in the zero-knowledge space. Since its founding in 2022, Lagrange has worked steadily to establish itself as a core player in the evolving ZK ecosystem, with its infrastructure poised to meet the increasing demands of cross-chain data interoperability. With the post-listing hype settling into a more stable phase, the project’s next milestones will likely shape whether the current rally transitions into sustained long-term growth. The post Binance, Coinbase, and other listings send Lagrange (LA) token up 231% appeared first on Invezz

Source: Invezz