I checked several core data indicators of Succinct, combining statistics from multiple sources:
Token and Market Capitalization Information: PROVE is the native token of Succinct, with a current circulation of approximately 195 million tokens and a total supply of 1 billion tokens; its market capitalization is about $210 million, currently ranked 230th on CoinMarketCap.
Price Performance: PROVE reached an all-time high of approximately $1.73 on August 11; the current price is about $1.07–1.08, down about 37% from its peak.
Trading Heat: The 24-hour trading volume is in the range of $35–38M, with decent liquidity and no signs of extreme inactivity.
Funding and Unlocking Status: In 2024, its Series A raised a total of $20 million, providing stable funding for project development. The team has established a token lock-up plan, with unlocking executed in phases to prevent large holders from collectively selling and suppressing the price.
Ecosystem Access Status: Multiple chains (such as Polygon, Celestia, Avail) and projects have used Succinct's SP1 zkVM with the zkRelay framework, generating a total of over 5 million proofs.
These data indicate several things:
The token is not just a shell; it has circulation and user pricing.
Trading is active, not an obscure coin.
The ecosystem has real use cases, not just hype.
👉 Interactive Question: If a project's technology is visible and the token is circulating, would you value A. Ecosystem Access or B. Market Capitalization Stability more? Let me know in the comments.
@Succinct #SuccinctLabs $PROVE