Why is Succinct considered the "Infrastructure King" of the ZK ecosystem?
While most projects in the ZK space focus on a single application, @Succinct has become a "water seller"—building universal infrastructure that allows all projects to leverage ZK technology at a low cost. Much like how AWS built countless internet companies, @Succinct is striving to become the "AWS" of the ZK world.
Its core competitiveness lies in its modularity: the SP1 zkVM generates proofs, the decentralized network distributes tasks, and $PROVE handles incentives and governance. These three components are seamlessly interconnected. Developers can access ZK functionality simply by calling the API, without having to worry about the underlying technology. This plug-and-play experience is accelerating ZK's adoption.
The value of $PROVE is directly tied to the scale of its ecosystem. It currently serves 35 protocols and protects $4 billion in assets. As more projects join, the governance and reward rights of its tokens will become even more scarce. From a technical perspective, it supports multi-chain light node verification and is compatible with both EVM and non-EVM chains. This means PROVE could become a universal token in the future cross-chain proof-of-stake market.
In terms of funding, $55 million will be invested in technological iteration, and resources from institutions like Paradigm will also support ecosystem expansion. #Succinct is becoming a "must-have" for ZK applications. #Succinct allows developers to focus on innovation rather than underlying development. #Succinct 's 4 billion in protected assets is just the beginning of its moat. In the long run, #Succinct could be a "hidden champion" in the ZK market.