Binance Square is promoting @Lagrange Official Lagrange, so let's talk about it today.
The speed at which $LA has been rising lately is indeed fast, with major exchanges like Binance, Coinbase, Bybit, and OKX all involved. Looking at the data, the trading volume in the last day has been several tens of millions of dollars (fluctuating between 48M-87M), and liquidity is considered decent, at least it's not easy for large funds to manipulate it. I've heard some institutions are starting to take notice.
The exchanges are also not idle, finding various ways to hype up $LA:
Binance organized a HODLer airdrop in June, specifically rewarding those who hold onto it, with several tens of thousands of participants (specifics were not mentioned, but it was quite a big deal).
Bybit has also opened a staking pool, and if you stake $LA , the APY looks to be around 12%-18% (there might be some differences between pools). I've heard that nearly ten million $LA has already been locked in the pool, and the willingness to lock coins for interest shows some confidence in the project.
What are these actions useful for?
The exposure has definitely increased – exchanges promote activities, and by featuring them on their homepages, both new and old users can easily see them.
The holding mentality has stabilized – especially with combinations like airdrops and staking, encouraging people to hold and not run away.
In the short term, it can attract popularity – referencing previous similar activities by Solana (like staking rewards), a price increase of twenty to thirty points in the short term is not unusual, but whether it can be sustained will depend on the project's fundamentals.
Short term (by the end of the year): Watch market sentiment and the hype around AI/ZK stories. If it can maintain $0.4, that’s a pass; reaching $1.5 wouldn’t be surprising, and if it breaks through the key level of $1.45, it might even touch $2.
Mid-term (next year or the year after): It will depend on whether it can attract more chains and applications (like Rollup or AI projects). If it succeeds, there is a chance for $1.5 - $2.
Long-term (over a few years): If ZK and cross-chain infrastructure become mainstream... optimistically looking at $2 - $3 is not out of the question.
To summarize: More exchanges and frequent activities are short-term positives for $LA , especially combined with its ZK+AI foundation (which we discussed before). However, let's not just focus on the excitement; after the hype fades, it ultimately comes back to technical implementation and ecosystem development, which is the real deal.
