Lagrange is the #26 HODLer airdrop project of #Binance

Let's discuss the project itself, the token situation, price trends, and investment strategies from several aspects!~

The core of Lagrange is to use ZK technology to verify AI computations, simply put, to ensure that the results generated by AI or cross-chain data are trustworthy without leaking privacy. They have several flagship products: ZK Prover Network, a decentralized proof generation network for AI inference and cross-chain data verification; ZK Coprocessor, which allows developers to use SQL to query cross-chain data, generating verifiable ZK proofs; and DeepProve (zkML), specifically designed to verify AI model outputs, suitable for scenarios like finance and healthcare that have high privacy requirements. It sounds very cool, with ZK ensuring privacy and AI being a hot field. They have already raised $17.2 million, backed by major institutions like Coinbase Ventures and Founders Fund, and have a deep partnership with EigenLayer to enhance network security through its re-staking mechanism. All of this is a plus!~~

Currently, ZK is mainly used for Layer 2 scaling, while Lagrange's AI verification is still a new direction, and it's unclear whether the market will buy into it. The competition is also significant, with RISC Zero and Modulus Labs also working on ZK+AI, so Lagrange needs to prove that its technology is robust. In the short term, the ZK+AI narrative can attract attention, but in the long run, there need to be tangible use cases such as AI oracles or cross-chain DeFi; otherwise, it's just empty speculation.

In terms of tokens, the total supply of $LA is 1 billion, with 193 million (19.3%) circulating at the time of listing, and 15 million (1.5%) allocated for airdrops, with an annual inflation rate of 4%. The circulation volume is high, and liquidity is good. Binance has also listed the LA/USDT and LA/BNB trading pairs, and trading activity seems fine. An inflation rate of 4% is not considered high; this level is relatively moderate and has limited impact on price in the long term!~~

On the price front, LA surged to $0.71 on the first day of listing, then fell back to the range of $0.33-$0.40, with a 24-hour trading volume of about $150 million, indicating intense market competition. The current price is around $0.36, with $0.33 serving as a support level; a drop below that may test $0.30. The resistance above is at $0.45, and if it breaks through, it may rise to $0.50. The ZK and AI sectors are quite hot right now!~~

If you received the HODLer airdrop this time, you can sell a portion to lock in profits and keep some position to watch future developments.

For short-term trading in the secondary market, you can swing trade in the $0.33-$0.45 range, but you need to set a stop-loss~~ In the long term, you need to wait for real progress in the ecosystem, such as an increase in staking rates, higher usage of ZK Coprocessors, or partnerships with projects like Dune AI or Autonolas!~

Overall, Lagrange is a high-risk, high-reward project. The ZK+AI narrative is very appealing, and Binance's push has added to the momentum, but it's still early days. If they can implement the technology and create real-world scenarios for AI oracles, cross-chain DeFi, or privacy computing, the potential is significant~~

Binance 🔸 Referral link 🔗 binance.com/join?ref=XBXFH…

Invitation code: XBXFHXC1