. @Succinct is a blockchain project focused on zero-knowledge proofs (ZK Proofs) infrastructure, aimed at "proving the software in the world" by making ZK technology more accessible and scalable through its decentralized prover network.
The project is led by an experienced team, supported by investors from well-known institutions such as Paradigm, and has raised a total of $55 million, primarily for the development of its core product SP1—a high-performance zkVM that allows developers to write complex ZK proofs using familiar languages like Rust without needing in-depth knowledge of the underlying cryptography.
$PROVE is the native ERC-20 token of the Succinct Prover Network, with a total supply of 1 billion tokens, used to drive the operation of the entire network.
$PROVE was officially launched on August 5, 2025, and listed on exchanges such as Binance and Coinbase, with an initial circulating supply of approximately 195 million tokens and a total market capitalization of about $236 million.
The token quickly rose after its launch, reaching an all-time high of about $1.56, with a market cap briefly exceeding $285 million, but then experienced a pullback.
The 24-hour trading volume reached up to $1.26 billion,
As a newly listed token, it saw initial gains driven by mainnet hype and ZK narrative, but faced profit-taking and market adjustments.
It is predicted to potentially rebound to higher levels by the end of 2025, depending on network adoption, but caution is needed for further pullbacks in the short term.
The project's strong fundamentals support its long-term potential.
