#ProveProject
Why invest with $PROVE
. **Succinct's PROVE Token & Decentralized Prover Network**
- Succinct is a blockchain infrastructure project that launched a decentralized prover network on Ethereum, enabling zero-knowledge proof (ZKP) verification. Its native token, **PROVE**, powers payments to provers (who generate ZK proofs) and secures the network through staking and governance .
- The network supports over 35 protocols (e.g., Polygon, Celestia) and has processed 5+ million proofs, securing $4 billion in value .
- The PROVE token surged 150% to $1.52 post-mainnet launch on August 5, 2025, with a current market cap of ~$226M .
2. **Prove Identity's Crypto Solutions**
- Prove (formerly Payfone) is a fintech company offering identity verification tools for crypto exchanges, such as:
- **Faster onboarding**: Reduces KYC delays by 79% using pre-filled verified data .
- **Fraud prevention**: Mitigates SIM swaps and account takeovers with phone-centric authentication .
- Clients include Bitstamp and Paxful, leveraging cryptographic authentication for secure transactions .
