Succinct has reached a deep collaboration with Polygon, and PROVE has officially connected to the Polygon zkEVM network. The cross-chain proof generation speed has been reduced from 120 seconds to 26 seconds, with a throughput of 8000 TPS, supporting the high-frequency trading demands of the Polygon super chain!
Technological Synergy and Innovation:
1. Dynamic Sharding Architecture: The separation design of Polygon's main chain and execution chain enhances the efficiency of PROVE's cross-chain data queries by 300%, supporting real-time aggregation of liquidity data from over 20 public chains, including ETH, BNB, and Solana.
2. Hardware Wallet Compatibility: Users of Dongxin and Ping An BSIM cards can directly manage PROVE via their mobile numbers, with private key storage security meeting financial-grade standards, attracting over 20,000 institutional investors.
3. Developer Ecosystem Expansion: Polygon's EVM-compatible layer supports seamless migration of PROVE smart contracts, attracting over 100 developers to submit proposals for data indexing DApps, with the first batch of projects going live in September.
Market Impact:
After the announcement of the collaboration, PROVE's price rose by 19% within 24 hours, and on-chain data shows that institutions have increased their holdings by over 1 million through the Polygon chain. The Succinct protocol's TVL has surpassed $300 million, with an average of over 1.5 million cross-chain proof requests processed daily, becoming the core hub for data interaction in the DeFi field.
