A zero-knowledge (ZK) proof altcoin has seen a significant surge after receiving support from Coinbase, the leading US-based cryptocurrency exchange platform. In a recent announcement, Coinbase revealed it is adding Lagrange (LA) to its product lineup, labeling it as experimental due to its low liquidity. “Lagrange is now live on Coinbase via the Coinbase iOS and Android apps under the Experimental label. Coinbase customers can now buy, sell, convert, send, receive, or store these assets. ” Following this announcement, LA's price jumped drastically from $0. 253 on June 4th to a high of $1. 50 the very next day, representing an impressive 216% increase within 24 hours. Lagrange’s official website states that the project aims to boost blockchain utility by offering an efficient platform for producing zero-knowledge (ZK) proofs, which can be verified without disclosing the underlying data. “The ZK Prover Network of Lagrange serves as the foundational layer providing universal proof generation across various applications, including rollups, ZK coprocessing, and cross-chain messaging.

It runs on EigenLayer and is supported by over 85 top-tier institutional operators, each managing multiple provers to deliver requested ZK proofs. ” Thanks to the distinctive architecture of Lagrange’s ZK Prover Network, it can handle high volumes of proof requests without causing bottlenecks, while ensuring strong liveness guarantees and offering a straightforward interface for user interaction. ” Follow us on X, Facebook, and Telegram. Stay informed – Subscribe to receive email alerts directly in your inbox. Check Price Action Explore The Daily Hodl Mix Generated Image: Midjourney