All the latest news and key insights you need from Succinct
Succinct is a decentralized prover network on Ethereum that simplifies creating and verifying zero-knowledge proofs (ZKPs). It allows developers to generate cryptographic proofs for applications without complex cryptography knowledge. Succinct also provides a marketplace connecting proof requesters with provers efficiently and cost-effectively.
Traditional ZKP generation requires specialized hardware and deep cryptography expertise, limiting accessibility. Succinct was created to democratize ZKPs by abstracting the complexities. It addresses limitations of centralized validators and trust-based systems, promoting a decentralized and scalable blockchain ecosystem.
$PROVE is the native utility token of the Succinct network. It facilitates transactions, staking, governance, and incentives within the ecosystem.
Succinct was founded to build zero-knowledge infrastructure for interoperability and proofs.
The Succinct Proofs framework was released, enabling efficient proof generation and verification.
Succinct raised $55M in a Series A round led by Paradigm to scale infrastructure and adoption.
Succinct expanded as a backbone for modular ZK systems, supporting cross-chain interoperability.
| ROI | PRICE | MARKET CAP | INVESTMENT |
|---|---|---|---|
| 1xx | $0.18 | $35.6M | |
| 0.28xx | $0.05 | $10.0M | $140.292 |
| 0.70xx | $0.13 | $25.0M | $350.73 |
| 1.40xx | $0.26 | $50.0M | $701.46 |
| 2.81xx | $0.51 | $100.0M | $1,402.919 |
| 7.01xx | $1.28 | $250.0M | $3,507.298 |
| 14.03xx | $2.56 | $500.0M | $7,014.597 |
| 21.04xx | $3.84 | $750.0M | $10,521.895 |
| 28.06xx | $5.12 | $1.0B | $14,029.194 |
| 84.18xx | $15.36 | $3.0B | $42,087.581 |
| 140.29xx | $25.60 | $5.0B | $70,145.968 |
| ATHx | $1.71 | $334.0M | $4,685.625 |
