Coinbase Boosts Lagrange (LA) Token With Platform Listing

Lagrange Labs Raises $13.2 Million Before Listings

Lagrange Labs, the team behind LA, specializes in decentralized zero-knowledge proof generation. LA’s value surged following Coinbase and Binance listings, marked as experimental by Coinbase.

Following a $13.2 million funding round from Founders Fund in May 2024, Lagrange aims to scale its decentralized operations. The recent listing evolution saw a 185% price increase.

“Lagrange’s tokenomics are built around a simple principle: proof demand = token demand. Whenever a proof is generated in the Lagrange Prover Network—whether for a ZK rollup, a verifiable AI model, or a modular execution layer—value is cycled through the system in a work-based model. This way the token captures value directly from activity.” — Lagrange Team Statement, Lagrange Labs

LA Token Price Rockets 185% Post Listings

The listing on major exchanges elevated LA’s market visibility and liquidity, reflected in the impressive price increase. It enabled broader audience access, enhancing retail and institutional reach.

Lagrange’s unique model, proof demand = token demand, drives market dynamics, emphasizing proof utility in the prover network. Increased staking and liquidity shifts followed listing activities.

Past ZK Tokens Show Similar Price Surges

Previous ZK-infrastructure tokens, like zkSync and Starknet, showed similarly rapid price movements post-exchange listing, highlighting listing impact on price dynamics.

Based on historical data, listings often boost short-term interest, with price actions reflecting renewed investor focus on innovative tech models. The market may continue tracking this trend.