Succinct's SP1 - The Cornerstone of Web3 Verifiable Computing

Succinct provides efficient zero-knowledge proof (ZKP) solutions for the Web3 ecosystem through the SP1 zkVM and a decentralized Prover Network, empowering over 35 top protocols including Polygon, Celestia, and Mantle. SP1 allows developers to write programs in Rust to generate ZKPs for verifying EVM execution, cross-chain bridging, and AI inference, achieving proof speeds 30 times faster than traditional zkVMs, suitable for zkEVM, Rollup, and co-processor scenarios.

The Prover Network of @Succinct is supported by over 85 operators including Coinbase and Kraken, having generated over 5 million proofs, with a total value locked (TVL) of $4 billion, covering the Ethereum, Solana, and Bitcoin ecosystems. The OP Succinct of #SuccinctLabs provides 1-hour finality for chains like Mantle, significantly improving efficiency compared to the traditional 7-day optimistic Rollup,

#PROVE is the native token of @Succinct, with a total supply of 1 billion, used for paying proof fees, staking, and governance. Developers request proofs using $PROVE, while operators stake $PROVE to participate in proof generation and earn rewards.

In August 2025, $PROVE will be listed on Binance, with a market cap of approximately $292 million and a 24-hour trading volume exceeding $1 billion. @Succinct plans to expand to AI and DeFi applications through the SP1-CC co-processor, reducing on-chain verification costs. #SuccinctLabs $PROVE is the driving force behind the future of verifiable computing.