Here’s a fresh overview of TOWNS and PROVE—two tokens that will soon appear on Binance:
Towns (TOWNS)
What is this?
Towns Protocol is a decentralized communication platform built on Layer-2 compatible with EVM, deployed on Base and Ethereum. It allows the creation of custom 'Spaces' with end-to-end encryption, on-chain membership, and community governance.
The project is supported by funds like a16z Crypto, Coinbase Ventures, and Benchmark, raising $10 million in a Series B in April 2025.
Token distribution and listing
A total of 10.128 million TOWNS have been issued, with a maximum supply of 15.328 million.
At the listing date, approximately 2.11 billion tokens will be in circulation (~20.8% of the genesis pool); 305.8 million have already been distributed as part of the HODLer Airdrop (3.02% of the genesis supply).
Binance will open deposits on August 4, 2025, at 11:00 UTC, spot trading will begin on August 5 at 14:30 UTC with pairs TOWNS/USDT, USDC, BNB, FDUSD, and TRY, with no listing fee and a Seed-Tag.
Prospects
57% of tokens are allocated for airdrop, grants, and community incentives, which can ensure sustainable network effects and asset growth.
A privacy-focused Web3 communication infrastructure can attract developers and communities, especially if SDKs, DAO models, and 'Spaces' are in demand.
Risk—high volatility at the start of trading and uncertainty of market demand.
Succinct (PROVE)
What is this?
Succinct (PROVE) is the token of a project building a zkVM SP1 virtual machine on Rust, for generating zero-knowledge proofs, simplifying scalability and interoperability of blockchains.
Aiming to develop a decentralized network for zk-proofs with a focus on security and efficiency.
Token distribution and listing
A total of 1 billion PROVE, of which 195 million (19.5%) will be in circulation at launch.
Trading on Binance will begin on August 5, 2025, at 17:00 UTC. Available pairs are USDT, USDC, FDUSD, BNB, and TRY. The majority (1.5%, 15 million) is allocated to HODLer Airdrop participants.
Prospects
PROVE focuses on ZKP infrastructure: a rapidly growing sector in demand for privacy, security, and scalability.
The project has potential for developer adoption—especially in the direction of integration with Ethereum and other chains.
However, this sector is already saturated, and much will depend on community activity, partnerships, and technology implementation.
What’s next?
On listing day (August 5), a surge of volatility and interest is expected: volumes and prices may spike or correct sharply.
Creating real demand: for Towns, early engagement of developers and communities is important; for PROVE, the use of ZKP tools is crucial.
Both coins heavily depend on tokenomics and vesting schedules—some investors will receive their tokens after a year, creating future supply pressure.
