LA Token Jumps 15.67% After Binance Listing and 50x Leverage Launch, Market Volatility Surges

LAUSDT experienced a notable price increase of 15.67% over the last 24 hours, rising from 0.4000 to 0.4627 USDT on Binance. This surge can be attributed to heightened trading activity following the recent spot listing of Lagrange (LA) on Binance on July 9, 2025, which expanded trading pairs and improved liquidity. Additionally, the introduction of LAUSDT perpetual contracts with up to 50x leverage on major exchanges such as Binance Futures and BitMEX, alongside active trading on Bitget, has contributed to increased market participation and volatility. The delisting of LAUSDT perpetual contracts on Gate.io, citing market stability concerns, may have redirected trading volume to other platforms, further amplifying price movements.

Currently, LAUSDT is trading at 0.4627 USDT on Binance, with a 24-hour trading volume reflecting strong market interest and a circulating supply of 193,000,000 LA. The asset has shown significant volatility, with a wide price range across exchanges, and maintains a market capitalization of approximately $98.2 million USD.