- Lagrange’s price surged more than 80% after South Korea’s largest crypto exchange, Upbit, announced trading support.
- Upbit also listed Lombard, a Bitcoin DeFi protocol token.
- Both BARD and LA later pared gains amid profit-taking.
Lagrange (LA), a zero-knowledge (ZK) knowledge infrastructure project, saw its price jump by over 80% following Upbit’s listing announcement. The Upbit news sparked broad market interest, pushing LA to an intraday high of $0.64 as it ranked among the top gainers, outperforming tokens such as Wormhole, EigenLayer and Pudgy Penguins.
Another token newly listed on Upbit, Lombard (BARD), experienced a sharp initial spike before relinquishing much of its gains amid profit-taking.
Lagrange price jumps 80% after Upbit listing announcement
The bullish momentum for Lagrange accelerated after Upbit’s announcement confirming the LA listing.
Upbit stated it would list LA for spot trading against the South Korean won, with the BARD/KRW trading pair becoming available at 19:30 local time on September 18.
Following the announcement, LA’s price surged more than 80%, lifting the token to an intraday peak of $0.64. Before the Upbit news, LA had been trading near $0.35.
This dramatic price move follows a familiar pattern: tokens newly listed on major exchanges often see parabolic rallies driven by heightened demand and increased volatility.
Price chart
Upbit also lists Bitcoin DeFi platform Lombard
Upbit has further expanded its supported asset list by adding Lombard (BARD). The exchange announced trading support for the native token of the Bitcoin DeFi platform, adding trading pairs against BTC and the South Korean won.
The Upbit listing for BARD contributes to the growing number of tokens that have attracted attention on Korea’s top crypto exchange. Lombard aims to leverage Bitcoin’s stability for on-chain DeFi use cases, seeking to bring Bitcoin-based capital markets onto blockchain rails—an objective that has driven investor interest alongside other market factors.
Price outlook for BARD and LA
Lagrange, a ZK proof infrastructure project, has drawn backing from global technology and crypto groups, including Nvidia, ZKSync developer Matter Labs, and Polygon. Lombard is positioned as a project tapping into the expanding Bitcoin DeFi ecosystem. Analysts note that both tokens are currently riding exchange-driven momentum.
That said, both tokens remain vulnerable to heightened volatility and may undergo further pullbacks before any sustained, smoother uptrend emerges.
At the time of reporting, LA was trading around $0.48 after giving back a portion of its earlier gains, even as daily trading volume surged dramatically. BARD was trading near $1.08, down from an intraday peak of $1.61.
Analysts expect initial enthusiasm to subside, which could increase downside pressure in the short term. Nonetheless, broader market sentiment remains generally bullish, and support levels near $0.40 for LA and $1.00 for BARD will be important to monitor. Holding those levels could be key to the near-term price outlook for both tokens.