Current Snapshot & Market Metrics
Price: ~$1.47 USD per token
24-Hour Change: Moderate increase, ranging from +3% to +5% across platforms
All-Time High (ATH): Around $1.73, achieved recently
Market Cap: Between $286M–$301M, depending on source
Circulating Supply: ~195 million PROVE (~19–20% of max supply)
Total Max Supply: 1 billion PROVE
24-Hour Trading Volume: Around $880 million
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What is PROVE and Why the Buzz?
Use Case: PROVE is the native ERC-20 token of the Succinct Prover Network, a decentralized marketplace that connects zero-knowledge proof (ZK-proof) generators with requestors on Ethereum .
Technology: Built on Succinct’s SP1 zkVM (Rust-native, GPU-accelerated), it supports privacy-preserving computations, Ethereum scaling, and cross-chain applications .
Ecosystem & Support: Deep integrations with Polygon, Celestia, Avail, and backing from major investor Paradigm highlight its credibility and adoption potential .
Token Mechanics:
Staking for Security: Provers stake PROVE tokens to participate in proof contests, ensuring honest participation via slashing mechanisms .
Payments & Governance: PROVE is used for payments within the network and forms the basis for governance, with staked tokens yielding iPROVE for voting .
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Recent Highlights & Market Dynamics
Explosive Launch: Post-mainnet debut, PROVE saw over $1 billion in trading volume in a single day—driven by hype around ZK tech, airdrops, and community momentum .
Stability After Surge: Although volume normalized, it remains robust—still exceeding the project’s market cap .
Analyst View: Technical signals and active network usage suggest PROVE might play a central role in the emerging "proving economy" powered by zero-knowledge protocols .
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Price Forecast Outlook
According to CoinCodex projections:
2025: Price range between $1.07 and $1.52, with potential upside if bullish momentum continues .
2026: More optimistic forecasts—average price ~$2.21, with highs up to $4.02 (especially in May) .