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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 | $1.17 | $228.0M | |
| 0.04xx | $0.05 | $10.0M | $21.931 |
| 0.11xx | $0.13 | $25.0M | $54.829 |
| 0.22xx | $0.26 | $50.0M | $109.657 |
| 0.44xx | $0.51 | $100.0M | $219.314 |
| 1.10xx | $1.28 | $250.0M | $548.285 |
| 2.19xx | $2.57 | $500.0M | $1,096.571 |
| 3.29xx | $3.85 | $750.0M | $1,644.856 |
| 4.39xx | $5.13 | $1.0B | $2,193.142 |
| 13.16xx | $15.40 | $3.0B | $6,579.426 |
| 21.93xx | $25.66 | $5.0B | $10,965.71 |
| ATHx | $1.71 | $333.2M | $730.769 |
