From 4 billion assets to millions of users: How $PROVE supports half of the ZK ecosystem

In the realm of zero-knowledge proofs, @Succinct has set a new benchmark with a set of data: supporting 35+ protocols, processing over 5 million proofs, safeguarding 4 billion dollars in assets, attracting over 50,000 new addresses—these achievements are the result of the technical penetration of the SP1 protocol and the economic cohesion of $PROVE working together. This ecosystem built by Succinct Labs is driving ZK technology to become a standard capability for Web3 through a dual engine of 'infrastructure + network effect.'

The innovation of SP1 zkVM can be described as a 'dimensionality reduction attack on ZK development': it supports direct programming of zero-knowledge proofs in Rust, allowing developers to quickly build applications like privacy transactions and cross-chain verification without needing to master underlying cryptography, increasing development efficiency by 100 times. Coupled with a decentralized prover network, it forms a closed loop of 'development-calling-verification': developers initiate requests via API, global nodes compete to generate proofs, and results are anchored on Ethereum to ensure security, with all settlements and incentives completed by $PROVE #Succinct .

The value capture path of PROVE is clear: recent airdrops have allowed more people to enter at low cost, staking mechanisms ensure network security, and governance functions let the community decide the direction of the protocol. On its first day on Binance, its price surged to $1.54, with trading volume exceeding $120 million, showing the market's expectations for ZK infrastructure. As PROVE becomes a bond connecting technology developers, node operators, and end users, a new ecosystem comparable in scale to 'ZK cloud computing' is quietly taking shape.

#Succinct , with over 5 million proofs, has defined the industrial standards for ZK applications. The safeguarding of 4 billion dollars highlights the market's trust in its technology.

#Succinct 's collaboration with 35+ protocols has built an ecological network for ZK applications. The SP1 protocol has lowered the threshold for ZK development by an order of magnitude.

#Succinct proves that the value of infrastructure will ultimately be reflected in the scale of the ecosystem.