📈 #PROVE exceeds 1 USD as ZK technology drives its rise

The token $PROVE reached a price close to 1.03 USD, marking an increase of more than 42% in the last 24 hours following the public launch and its inclusion in Binance Alpha with an airdrop for eligible users.

It is currently trading around 0.98-1.03 USD according to CoinMarketCap and Binance, with a market capitalization between 190 and 200 million USD and daily volume exceeding 500 million USD.

Its price range during the day oscillated between a low of 0.58 USD and a historical high of 1.13 USD —approximately 6% above the current value.

Why is PROVE rising and can it continue to rise?

Succinct Labs launched the first decentralized ZK testing network acclaimed as critical infrastructure for cross-chain interoperability and blockchain scalability with over 35 integrated protocols (Polygon, Celestia, Lido, and Mantle) and more than 4 billion USD protected in TVL.

The token $PROVE serves as a means of payment, staking, and governance within the ecosystem, reinforcing its fundamental utility.

Launch campaigns from Binance Alpha with airdrop mitigate selling pressure by incentivizing early holding and active user participation.

✅ Technical and fundamental outlook

Technically, the key level to watch will be its historical resistance close to 1.10 USD; if it surpasses that point, it could seek new highs around the All-Time High of 1.13 USD.

If it remains solid above 0.80-0.90 USD with institutional support and adoption in ZK protocols, there is room for a new bullish leg in the medium term.

In summary, $PROVE has already surpassed 1 USD thanks to its functional ZK infrastructure narrative and relevant technical support, and if adoption remains, the rise could extend beyond the ATH, consolidating the token as one of the strongest assets within the ZK ecosystem.

#PROVE #SuccinctLabs #ZKInfrastructure #EthereumScaling #BinanceSquare