Since its launch on August 5, @Succinct has shown remarkable development potential. It has earned over 100,000 PROVE tokens in fees, and if this trend continues, the annualized revenue is expected to reach 1.7 million PROVE.
As ZK rollups gradually become mainstream, if Succinct can capture a small portion of the total value locked (TVL) from Optimism and Arbitrum L2s, future revenue could reach hundreds of millions of dollars.
Succinct is committed to building a decentralized prover network aimed at making zero-knowledge proof technology accessible to the public. Its core technology, SP1 zkVM, is a groundbreaking innovation that allows developers to easily generate zero-knowledge proofs using the familiar Rust language, significantly lowering the development threshold and making ZK technology more attainable.
Currently, the Succinct Prover Network has successfully reduced proof costs, strongly validating its concept as a ZK economic coordination layer. By connecting provers and demanders globally, the network has created an efficient two-way market, making proof generation more convenient and economical.
Additionally, the Succinct community actively utilizes open data, further showcasing the robust vitality of its ecosystem. With the collective efforts of the community, Succinct's application scenarios continue to expand, and technology is continuously optimized.
It is believed that in the near future, with continual technological advancements and an increasingly完善 ecosystem, ZK technology will truly enter thousands of households under the promotion of Succinct, bringing more innovation and transformation to blockchain and other fields.