Once a star in 2024, Lagrange (LA) now seems to be in a period of stagnation.

As of the time of writing, the price of LA is $0.3426, down as much as 35.49% this year, and it has also seen a slight daily decline (2.5%). Despite the market cap shrinking to around $66M, its FDV remains as high as $343M, indicating that the market still holds considerable expectations for the long-term valuation of this project. However, looking back at the price trend over the past three months, it has dropped nearly 70% since the peak in June, and skepticism is growing.

🎯 Is it abandonment or poised for action?

From the chart, LA has been in a downtrend channel since early June, with the price once finding support near $0.26, then slowly rebounding to hover around $0.34. Although the overall trading volume fluctuates significantly, the 24-hour trading volume is still $16.48M, indicating that this token still has a certain level of activity.

This trend presents a typical 'chip turnover + oscillation bottoming' structure, which may have two interpretations behind it:

Abandonment theory: Investors lack confidence in the project, high valuations are difficult to realize, and holders choose to gradually exit;

Accumulation theory: The phase selling pressure brought by airdrops/unlocking is nearing its end, and the market makers are accumulating, waiting for the next market catalyst to start.

🔍 Supply and demand structure and token economic model analysis

Total supply: 1 billion tokens

Current circulation: 193 million tokens

Circulation rate is only 19.3%, future release pressure is still considerable

Valuation stratification is obvious: Circulating market value $66M vs. FDV $343M

This means that once unlocking accelerates in the future, if there is no matching capital inflow or ecological expansion support, it may lead to stronger selling pressure.

🧠 Does Lagrange still have value?

Lagrange is a typical infrastructure project in the ZK track, with core highlights including:

Building zero-knowledge proof co-processors to serve multiple on-chain protocols

Supports cross-chain interoperability and off-chain verifiable computing

Deep collaboration with re-staking protocols like EigenLayer

Building a long-term narrative of 'decentralized computing + verifiable AI'

From a narrative perspective, Lagrange is expected to regain market attention when the ZK-Rollup, Modular, and EigenLayer ecosystems explode. However, there is still a lack of key catalysts, such as:

Mainnet launch or important ecological integration

Airdrop ends, release stabilizes

EigenLayer or Ethereum Layer 2 ecosystem development acceleration

⏳ Operation suggestion: Observe the retracement, wait for signals

In the short term, the price may still oscillate around the $0.32-$0.38 range, so it is recommended to pay attention to the following two key points:

Technical position: If it retraces to $0.26 and does not break, it can be seen as a strong support area;

News front: Once new cooperation, launch, or TVL growth occurs, it may become the catalyst for a price surge.

$LA #lagrange @Lagrange Official

Lagrange (LA) is also considered to have abandonment risk, with a large scale, long-term decline, and heavy selling pressure.

Wait and see

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