# Lagrange (LA) in decline despite market rally
Lagrange (LA) is down over 25% after being listed on Binance and the market rally. The price of LA is now close to key support at $0.36 after a strong correction. The recent drop follows a 216% increase in June after it was listed on Coinbase.
Lagrange (LA), developed to enhance computational efficiency in blockchain, is experiencing a significant decline in its value, while other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) continue to rise. This disparity has led investors to ponder the reasons behind Lagrange's drop.
Despite the positive expectations fueled by its robust infrastructure, the recent change in market perception regarding the LA token is evident.
Despite the concerning recent price trajectory of Lagrange, the asset is approaching technical levels that could spark renewed buying interest, with moderate potential for a rebound in the short term, especially if the positive trend in the overall market persists.
On the other hand, a breakthrough below this level may trigger additional selling pressure, pushing the token to new lows. For now, we need to be attentive to market signals and assess volatility risks against the project's solid technological foundation.
