Today we analyze a project listed on Binance's spot market. Yesterday, I observed that the popular token $PROVE VE has been trending, indicating a high level of market recognition. Moreover, Succinct focuses on ZK infrastructure, with its Prover Network (incentives for $PROVE VE) and SP1 zkVM lowering the barriers for developers, allowing access without cryptographic knowledge. Relying on SP1 Hypercube technology, TPS has been increased from 15-20 to over 10,000, while ensuring security and decentralization.
The White House 2025 report acknowledges the core value of ZK in privacy and compliance, paving the way for its adoption. Currently, over 35 crypto protocols have integrated its network, with more than 10 already launched. $PROVE is the first universal proof token serving Ethereum, Rollups, cross-chain bridges, Web2, and AI validation.
The team has a solid background, with co-founders Uma (dual degree in Mathematics and Computer Science from MIT, experience at Google Brain) and John (Computer Science from Stanford, internship at NVIDIA, Thiel Fellowship for entrepreneurship), deeply engaged in reconstructing foundational ZK infrastructure.