There are only a handful of projects that have recently launched and managed to secure over 66 million dollars in funding. PROVE, under Succinct Labs, has achieved this, and it is no coincidence. Today, let's take a relaxed perspective and discuss how much hard power is hidden behind this 'golden spoon' PROVE.

One, Project Overview: The 'Trust Infrastructure Contractor' of the Blockchain World

Founded in San Francisco in 2022, Succinct Labs is like a dedicated engineer, focused on building a 'trust foundation' for the blockchain—replacing traditional 'trust intermediaries' with zero-knowledge proofs (ZKP). It brought two 'proud works': the SP1 zero-knowledge virtual machine and the decentralized Prover network, launching its mainnet in August 2025 along with the 'pass' PROVE token, officially announcing its entry into the ZKP field.

Two, Technical Strength: 'Speed and Passion' Driven by Dual Engines

SP1 zkVM: A 'Zero-Knowledge Accelerator' for Developers

If ordinary zkVMs are bicycles, SP1 is a supercar—optimized based on the RISC-V architecture, proof speed is 28 times faster than its peers, making it 'the fastest in the world'. The most user-friendly part is that developers can write code using the familiar Rust language without having to tackle hefty cryptography tomes, like installing a 'foolproof operation panel' for complex technology.

It is also a 'jack of all trades': cross-chain verification (can run on Ethereum and Solana), supports recursive proofs (can stack proofs like stacking Lego), with applications ranging from privacy voting to AI on-chain applications, making the scenarios dazzling.

Succinct Prover Network: The 'Arena' for Global Provers

This is a decentralized 'proof marketplace': some people need to generate ZKP (requesters), while global developers come with computing power to take orders (provers). Through a competitive mechanism of 'staking PROVE to participate, staking to earn', it prevents monopolies and reduces costs, functioning like a 'Didi taxi' system for proof generation.

Shortly after its launch, it handled over 5 million proofs, providing 'escort' for 35 projects like Polygon and Mantle, protecting over 4 billion dollars in value—this efficiency is comparable to 'the SF Express of the blockchain world'.

Three, PROVE Token: The 'Universal Pass' in the Ecosystem

PROVE is not an ordinary token; it is the 'nerve center' of the entire network:

Payment tool: requesters use it to pay for proof fees, like 'scanning to pay' for services;

Security lock: provers must stake it to participate; malicious behavior will be penalized, equivalent to an 'integrity deposit';

Voice: staking can exchange for voting rights, and the network rules are decided by everyone, embodying a sense of 'community democracy';

Incentive package: generating proofs and delegated staking can both earn PROVE, like giving participants 'performance bonuses'.

With a total supply of 1 billion, currently circulating 195 million, and launching on Binance with an airdrop, it comes with a built-in 'traffic physique' right from the start.

Four, Ecological Cooperation: The 'Social Butterfly' of the Blockchain Circle

PROVE's circle of friends can be called 'luxurious':

Helping Mantle upgrade from 'Optimistic Rollup' to 'ZK Rollup', like installing a 'safe elevator' in an old building;

Collaborating with big names like Polygon and Lido to insure their security;

Even cross-border players like LayerZero and Galxe are teaming up to create new tricks like ZK lotteries and cross-chain vApps.

It has so many partners that they could form a 'blockchain all-star team', which shows how versatile its technology is.

Five, Future Outlook: Ambitiously Venturing into the World

Of course, PROVE also has its 'growing pains': the high-performance hardware barrier may block small players, and decentralized governance still needs time to be tested. But its ambition is clear—expand its team of partners (provers), make SP1 faster and stronger, and turn ZKP into a 'standard component' of the blockchain.

To secure 66 million dollars in funding, PROVE relies not on luck: its technology is solid, its ecosystem is broad, and its token mechanism is flexible. Perhaps one day in the future, when we use privacy payments on the blockchain or play cross-chain games, PROVE will be silently 'proving' behind the scenes—this is PROVE's confidence. @Succinct #SuccinctLabs $PROVE