Succinct is playing the long game 🔑 Proofs as a market could be a real paradigm shift for Web3. $PROVE looking stronger than ever

In Web3, the real scarce resource isn’t blockspace anymore — it’s proofs. Succinct is turning proof generation into an open market, and that shift could change how fast and secure the entire ecosystem runs.

1. What Succinct Built

A decentralized prover network on Ethereum.

A zk virtual machine called SP1.

Builders submit proof jobs → provers compete → winners get paid in $PROVE.

Staking and slashing keep provers honest.

This transforms verification into a marketplace, not a closed service.

2. Mainnet & PROVE Utility

Mainnet live since 5 August 2025.

$PROVE powers payments, staking, and governance.

Users spend $PROVE to request proofs; provers earn it by delivering.

3. Speed That Changes UX ⚡

SP1 Hypercube proved 90%+ of recent Ethereum blocks in ~10 seconds.

Near-instant rollups and faster bridges now feel possible.

4. Real Integrations = Real Demand

Cosmos → Ethereum (IBC Eureka): compresses validator signatures into one cheap proof.

Arbitrum: 1-year exclusive integration with Offchain Labs.

Mantle: reduced finality from a week → ~1 hour.

Proofs are already moving real value.

5. Hardware = Cost Advantage

ZAN: FPGA design → 20x speed vs CPU.

Cysic: GPU clusters, aiming for custom silicon.

Open hardware competition = falling proof costs.

6. Market Check

PROVE trades around $0.87 (range $0.87–$0.98).

Token demand ties directly to proof jobs and prover bonding.

7. Competition Is Healthy

StarkWare: light client prover for phones/laptops.

RISC Zero: GPU-based cluster aiming for sub-10s proofs.

Rivalry grows the market, while Succinct stays neutral infrastructure.

8. The Big Thesis

Every tech era has its scarce resource:

Internet → bandwidth

AI → compute

Web3 → proofs

Succinct’s bet: verification becomes a commodity, and the network that supplies proofs on demand quietly becomes essential.

That’s the role $PROVE aims to play.

@Succinct
#SuccinctLabs