Succinct (PROVE) – The future of Zero-Knowledge Proofs is here
@Succinct has officially launched its mainnet, providing a significant upgrade to the blockchain infrastructure. The focus of this innovation is a decentralized ZK proof marketplace — where developers request cryptographic proofs and independent provers provide them using SP1 zkVM. This system ensures privacy, scalability, and speed, all within a single platform.
Today, $PROVE is showing strong growth momentum with an increase of +33.8%, currently trading at $1.62 and a market capitalization of $317 million. This impressive growth indicates a rising interest in ZK technology and the crucial role of Succinct in this field.
Key Highlights:
Has supported over 35 protocols
More than $4 billion secured through its infrastructure
Has processed over 5 million test prints
65% of the token supply is locked, ensuring scarcity and long-term value
The $PROVE token of Succinct is not just a digital asset. It plays a vital role in the ecosystem:
Used to pay for proof services on the network
Staked to participate in governance
Rewards independent provers securing the network
This setup creates a self-sustaining ecosystem where everyone has a role - developers, users, and provers.