Once the Succinct mainnet went live, the PROVE price surged and then fell. In the first few days after its launch, 99Bitcoins reported that it 'dropped more than 40%', which basically reflects the common rhythm of 'crashing after a rise'. Short-term hype from airdrops and listings can easily heat things up, but for long-term observation, we need to focus on whether developers are using it.
I track the dev community and see some interesting trends: the GitHub activity for SP1 rose by 25% after the mainnet launch, with new PRs and issues added weekly. This indicates that it's not just the official team pushing things alone, but the community is beginning to provide feedback and improvements. I keep track of such indicators weekly, and they are quite valuable.
Additionally, some protocol teams mentioned in Curve or public SDK that 'Succinct proof integration is being tested', and it's clear that at least three language stack teams are trying it out, which is much stronger than just having an official demo.
When I wrote this, I also honestly said that 'the current activity is indeed still very low, not comparable to the long-term ecosystem accumulation of zkSync or StarkNet'. But I also noted that 'we need to focus on developer feedback, toolchain stability, gas costs, and the difficulty of node access as hard indicators', rather than just looking at how good the whitepaper vision is.
For writing like mine, 'developer experience + community activity' is much more important than 'price fluctuations', as it makes the article more relevant in the long term.
@Succinct #SuccinctLabs $PROVE
