🚀 Meet $PROVE — Official Token of the Succinct Prover Network
Utility and governance asset for the decentralized Succinct network, which provides zero-knowledge proof (ZK proof) services on Ethereum.
Main Functions of PROVE
• Payment & Staking: Used as payment for proof providers (provers), as well as collateral (stake) — if they fail to contribute, the stake may be cut.
• Governance: PROVE holders can vote on important parameters such as token issuance, auction rules, and fee structures.
📈 Market Performance & Latest Statistics
• Price ranges from $1.10 – $1.17, with 24-hour trading volume reaching tens of millions of dollars.
• Total circulating supply is around 195 million PROVE, while the maximum supply reaches 1 billion PROVE.
• The Succinct network has generated over 5 million proofs, collaborating with more than 35 protocols such as Polygon and Celestia, and securing a total value of over $4 billion.
• However, some reports indicate that after listing on Binance, the price of PROVE briefly dropped by over 40%, from above $1.10 to below $0.63 before recovering.
”$PROVE – the heart of the decentralized proof-of-zk infrastructure on Ethereum. Used for payments, staking, & governance in the Succinct network trusted by over 35 protocols, with stored value exceeding $4B. Presenting high volume and intriguing market dynamics.
