In the field 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 in assets, and attracting more than 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 effects', and #SuccinctLabs has already become one of the core forces in the ZK ecosystem.
The innovation of SP1 zkVM can be described as a 'dimensionality reduction attack on ZK development': it supports writing zero-knowledge proofs directly in Rust, allowing developers to quickly build applications like privacy transactions and cross-chain verification without needing to master underlying cryptographic knowledge, resulting in a 100-fold increase in development efficiency. Coupled with a decentralized prover network, it forms a closed loop of 'development-calling-verification': developers initiate requests through APIs, global nodes compete to generate proofs, and results are anchored to Ethereum to ensure security, while all settlement and incentives are handled by $PROVE , allowing the technical closed loop of #SuccinctLabs to make ZK applications smoother to implement.
The path for value capture is clear: recent airdrops have allowed more people to enter at low costs, the staking mechanism ensures network security, and governance functions enable the community to determine the direction of the protocol. On the first day of its listing on Binance, its price surged to $1.54, with a trading volume exceeding $120 million, demonstrating the market's expectations for ZK infrastructure. As $PROVE becomes the link connecting technology developers, node operators, and end users, a new ecosystem comparable in scale to 'ZK cloud computing' is quietly taking shape under the push of @Succinct , with #SuccinctLabs proving the ecological value of infrastructure through actual results.
@Succinct has defined the industry standards for ZK applications with over 5 million proofs; the $4 billion in assets safeguarded showcases the market's trust in its technology; and the collaboration with 35+ protocols has constructed the ecological network for ZK applications. The SP1 protocol lowers the threshold for ZK development by an order of magnitude—serving as the core of the ecosystem, it is extending the technological value of #SuccinctLabs to broader scenarios, confirming that the value of infrastructure will ultimately be reflected in the scale of the ecosystem.