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In fact, I originally didn't want to write this project @SuccinctLabs, the reason is simple:

The project background is great, whether it’s financing or technical capabilities, but this also means that everyone has basically already promoted it from the market's promotional angle.

I have no good angle to think and write this article, whether it's the need for testnet tutorials, the impressive technical aspects, financing, team, etc., has all been said by others.

Even after going to Kaito, I didn't write; I can't force content just for Yaps.

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But I also want to write about this project today, and the reason is simple:

1. Its token $PROVE was listed on Binance, which is not surprising at all; given the financing background with Paradigm and Robot, it must be a top-tier project.

2. Succinct can break the notion that ZK is useless, and has already become a functional project comparable to the BTC ecosystem, NFT, etc.

3. I have always been optimistic about this track; if you look at my Twitter, I've actually written about many ZK projects. I've explored all the better ZK projects on the market.

And I have indeed been disappointed.

Today, Succinct has reshaped everyone's understanding of ZK technology, prompting people to reconsider this track and its value for Web3.

Of course, value isn't just talk; being listed on Binance is merely recognition from the exchange and doesn't represent true product value.

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So I went to dig into the relevant data of the entire product, still adhering to the principle of data first.

1. TPS improvement brought by technical advantages: it can increase TPS to over 10,000, which will truly provide underlying technical support for large-scale adoption of Web3.

2. Over 5 million proofs + integration of 35 protocols: As the market for product-side expands, I think this data is just the beginning, with 10 million and even 100 million proofs in sight.

3. This is the expected future revenue, which is actually linked to the second point. I searched and found that revenue is calculated based on proofs, and as collaborations increase, the revenue will continue to grow.

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Of course, the most important thing is the previous technical issues.

The threshold for previous ZK products was higher, with higher requirements for development, which essentially slowed down the speed of ZK products coming to market, thereby slowing the expansion of the entire track's influence.

Succinct creatively proposed P1 zkVM + Prover Network, allowing developers to quickly access ZK.

This has lowered the barrier for ZK products.

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ZK products are blooming everywhere.

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User participation increases.

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Continue to encourage the growth of B-end ZK products.

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User growth continues.

Form a virtuous cycle

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There is also an important compliance factor

I guess many people haven't noticed this, and I saw it by coincidence.

In the White House's digital report a few days ago, many popular tracks and tokens were mentioned, but ZK was also mentioned.

This is very good news for Succinct, representing that mainstream U.S. politics sees the value of the ZK track.

Then I dug into it, and I personally think Succinct can be considered a U.S. project.

This means that if the U.S. government needs ZK technology in the future, Succinct, as a local team with top ZK technology and a good background, could be the first project to gain recognition and collaborate with them.

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Just imagine:

1. Participate in some meetings of high-level finance in the U.S.
2. Collaborate with WLFI to become its reserve token.
3. ZK proof business needed by the U.S. government.

All of the above are possible.

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Finally, I want to say a few words:

I hope Succinct can become the benchmark for the ZK track, leading it to truly become a giant comparable to the DeFi and AI tracks.

The era belonging to the ZK track is slowly unfolding under the leadership of Succinct.

With the launch of Prove, the value of the entire ZK track is being showcased, and the token price reflects the value of the track. I hope to see good performance.

Another important point: everyone should not focus on the price fluctuations; what I see more is the long-term value Succinct brings to the entire track: leading ZK projects, large-scale access (B-end + C-end), and long-term token building.