55 million financing poured into Succinct, is the ZK track about to change?

When Paradigm leads and institutions like Robot Ventures, Bankless Ventures follow up with investments, a total of 55 million dollars is poured in, the entire Web3 is asking: what magic does @Succinct hold? The answer lies in its positioning - it does not create a single ZK application but serves as the 'infrastructure provider' for all ZK applications, this 'water seller' logic is reshaping the industry landscape.

@Succinct is like the 'power company' of the ZK world; whether you are developing a privacy wallet or building a cross-chain bridge, you need the proof services it provides. Through a decentralized network, it has reduced the cost of proof generation to the lowest in the industry, even 30% cheaper than centralized solutions. This 'cost-performance ratio' has led giants like Polygon to connect, currently supporting 35 protocols and safeguarding over 4 billion dollars in assets.

$PROVE is 'the stock of the power company'; the more prosperous the network, the greater the demand for tokens. Its smart contracts use multi-signature management for the staking pool, and the cross-chain compatible design solves the problem of heterogeneous chain communication, with technical strength far exceeding its peers. The strong performance after listing on Binance has already indicated the market's recognition of this model.

From the industry trend perspective, ZK technology is shifting from 'optional' to 'essential', and Succinct has already seized the high ground of infrastructure. #Succinct is using the power of capital to accelerate the popularization of ZK technology. The 55 million financing of #Succinct 5500 is not the end but the starting point for ecological expansion. The bets of #Succinct giants prove it has positioned itself at the forefront of the ZK track. Missing out on #Succinct could mean missing the largest dividends of the ZK era.