$PROVE is really amazing, I'm slapping my thigh for missing out! How about you?
In hindsight, it might be said that a certain teacher called for attention, so why not pay attention? Why didn't we go all in after seeing it later? But this is ultimately external. When researching a project, the project's technical breakthroughs, profit models, and financing are definitely key factors to focus on.
Succinct Labs, which raised $55 million, is a great example; their ZK technology is incredible! SP1 zkVM directly lowers the ZK development barrier to the floor. SP1 Hypercube boosts TPS from 15-20 to over 10,000+ using parallel algorithms and optimized compilers, with latency down to the millisecond level. Moreover, their lightweight framework has already begun to be applied to Google Wallet's ZK age verification.
Most importantly, the profit model of $PROVE has been successfully validated! Real needs like Rollup and cross-chain bridges drive proof generation, and clients are paying with real money. Polygon AggLayer has improved efficiency by ten times after optimization, and the decentralized Prover network can continuously reduce costs, with over 35 paying customers already. The ZK market is expected to grow over 300% annually. Unlike single-chain projects that rely solely on their own transaction fees, it acts as a “toll” for the entire ZK market, where whoever uses it pays, presenting enormous potential.
The mainnet of $PROVE went live on August 5th, and the coin price has performed brilliantly, but don’t think you missed out just because it has risen; some teachers say to heavily invest if it’s below 1U, and the facts prove that truly good projects don’t drop below 1U and still perform amazingly! Additionally, the promotional activities of Kaito and Binance can be joined, posting tweets on X and the square to climb the rankings and earn rewards—two birds with one stone; technical players can still run the testnet and use SP1 zkVM to develop DApps for ecological rewards.
Remember to join Discord: https://discord.com/invite/succinctlabs
@Succinct #SuccinctLabs