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 | $0.25 | $48.0M | |
| 0.21xx | $0.05 | $10.0M | $104.139 |
| 0.52xx | $0.13 | $25.0M | $260.347 |
| 1.04xx | $0.26 | $50.0M | $520.693 |
| 2.08xx | $0.51 | $100.0M | $1,041.387 |
| 5.21xx | $1.28 | $250.0M | $2,603.467 |
| 10.41xx | $2.56 | $500.0M | $5,206.933 |
| 15.62xx | $3.85 | $750.0M | $7,810.4 |
| 20.83xx | $5.13 | $1.0B | $10,413.866 |
| 62.48xx | $15.38 | $3.0B | $31,241.599 |
| 104.14xx | $25.64 | $5.0B | $52,069.331 |
| ATHx | $1.71 | $333.5M | $3,472.843 |
