An altcoin based on zero-knowledge (ZK) proof technology is experiencing a surge in value following its recent listing on the popular US crypto exchange platform, Coinbase.
According to a recent announcement by Coinbase, Lagrange (LA) has been added to its list of offerings under an experimental category specifically for tokens with low liquidity.
“Lagrange is now available on Coinbase’s iOS and Android apps with the Experimental label. Coinbase users can now engage in buying, selling, converting, sending, receiving, and storing these assets.”
Following this announcement, the price of LA skyrocketed from $0.253 on June 4th to a peak of $1.50 just a day later, marking an impressive 216% increase within 24 hours.
As detailed on their official website, Lagrange aims to revolutionize blockchain functionality by offering a robust platform for generating zero-knowledge (ZK) proofs that can be validated without exposing sensitive information.
“Lagrange’s ZK Prover Network serves as the core layer providing universal proof generation capabilities for various applications such as rollups, ZK coprocessing, and cross-chain messaging. Powered by EigenLayer and backed by a network of 85+ top-tier operators, Lagrange delivers ZK proofs requested by users through multiple provers, ensuring efficient and secure operations.”
Stay updated with us on X, Facebook, and Telegram
Never miss an update – Subscribe for email alerts straight to your inbox
Explore Price Trends
Discover The Daily Hodl Mix
Image Credit: Midjourney
