Succinct Labs ( $PROVE ) Tops the Gains Chart:
Zero-Knowledge Proofs Reshape the Performance Landscape of Web3
PROVE token hits an all-time high of $1.72,
24-hour gain reaches 26%,
weekly gain 89%,
successfully topping the cryptocurrency gains chart.
Succinct Technical Breakthrough:
SP1 Hypercube zkVM achieves an average Ethereum block proof of 10.3 seconds,
3-4 times faster than competitors,
ushering in a new era of real-time zero-knowledge proofs.
Upbit Listing Effect,
Korean exchanges contribute 45% of daily trading volume ($226 million)
opening up high-beta retail market demand,
Low Circulation Rate,
only 19.5% of tokens unlocked (195 million/1 billion total)
scarcity amplifies price volatility,
Mainnet Launch
Proof network officially launched on August 5,
shifting from speculation to practical value
Technical Leadership
While other ZK projects drop 6%, PROVE rises independently
funds rotate to the only favorable target
Current Valuation Data (August 12, 2025, 07:00 UTC):
Price: $1.65 (data from 1 hour ago)
Circulating Market Cap: $328 million
Fully Diluted Valuation: $1.6 billion
24-hour Trading Volume: $720 million (40% of circulating market cap)
SP1 Hypercube Core Advantages
Technological Innovation Breakthrough:
New Proof System: Multi-linear architecture replaces STARK/Plonky3, recursive overhead reduced by 40%
Real-time Performance: 93% of mainnet blocks proved within 12 seconds, 5 times lower latency compared to previous SP1 Turbo
Cost Efficiency: Required GPU count reduced by half compared to Turbo version, approximately $300,000-$400,000 in capital expenditure
Succinct Labs is redefining the performance standards of Web3 infrastructure through the technological breakthroughs of SP1 Hypercube and the commercial innovation of a decentralized proof network. The top position of $PROVE on the gains chart not only reflects market recognition of technological leadership but also signifies a historic turning point for zero-knowledge proofs moving from the laboratory to large-scale applications. With $4 billion in TVL protection and over 35 protocols in production deployment, Succinct has demonstrated the commercial viability of the 'AWS-for-proofs' model and is poised to become a key pillar of the next generation of Web3 infrastructure.
Tag @Succinct , and attach topic tags #SuccinctLabs and $PROVE