Succinct $PROVE — ZK Infra Gets Real, But Volatility Bites
Price: $1.15
Market Cap: $224M
24h Volume: $359M
Circulating Supply: 195M PROVE
Total Supply: 1B PROVE
Recent High: $1.72 (Aug 11) → -31% correction
Latest Catalysts:
1. Binance VIP Loan Expansion — PROVE added as loanable asset for institutional strategies
2. Coinbase Roadmap Inclusion — Now tradable in NY via iOS/Android apps
3. zkVM Dev Buzz — Rust-friendly zkVM praised by builders for modularity and speed
Tokenomics Watch:
50M airdropped tokens → 81% still unclaimed
Sell pressure risk if unlocks align with weak demand
6.8M PROVE staked = early traction for governance utility
Narrative Shift:
Succinct is positioning PROVE as the core token for modular zk infrastructure. With $4B secured TVL post-mainnet, it’s gaining traction—but airdrop sell-offs and listing volatility are testing conviction.
