Quick Overview: Succinct ($PROVE ) Coin
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Current Price & Market Snapshot (as of August 28, 2025)
Price: Around $1.08–$1.09 USD per PROVE
24-Hour Change: Small upticks (e.g., +0.38%)
Market Cap (Circulating): $210–212 million USD
Fully Diluted Valuation (FDV): Around $1.08–1.09 billion USD
(Reflecting max supply of 1 B tokens)
Circulating Supply: ~195 million PROVE (≈19.5% of max supply)
All-Time High (ATH): ~$1.71–$1.73 around August 11–12, 2025
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What Is Succinct (PROVE)?
Succinct is a decentralized prover network protocol enabling developers to generate zero-knowledge proofs (ZKPs) easily. Its key features:
SP1 zkVM: A virtual machine allowing developers to write ZK proofs in high-level languages like Rust—no cryptographic expertise needed.
Proof Contests: Provers compete in auctions to win proof-generation tasks, forming a market-driven, decentralized proof infrastructure.
Use Cases: Ethereum rollups, cross-chain bridges, AI verification, privacy identity systems, general off-chain computation.
Token Utility: PROVE is used for network payments, staking (to secure provers), and governance.
