A zero-knowledge (ZK) proof altcoin is skyrocketing after gaining support from the top US-based crypto exchange platform, Coinbase. In a new announcement, Coinbase says it is adding Lagrange ( LA ) to its suite of products with an experimental label designated for low-liquidity tokens. “Lagrange is now live on [Coinbase] in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” After the announcement, LA surged from a price of $0.253 on June 4th to a peak of $1.50 just a day later, a staggering 216% gain during the last 24 hours. According to its official website , Lagrange aims to enhance blockchain utility by providing an efficient platform for generating zero-knowledge (ZK) proofs, which can be verified as true without revealing the underlying information. “Lagrange’s ZK Prover Network is the foundational layer that offers universal proof generation for a variety of use cases, such as rollups, ZK coprocessing and cross-chain messaging. It is deployed on EigenLayer and supported by over 85 of the top institution-grade operators who each run several provers to deliver ZK proofs that are requested by users. Due to the specific architecture of Lagrange’s ZK Prover Network, it is able to support high volumes of proof requests without bottlenecks, and offers high liveness guarantees and a simple interface to engage with.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post ZK-Proof Blockchain Altcoin Lagrange (LA) Lifts Off Following Announcement of New Coinbase Support appeared first on The Daily Hodl .
