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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 | $1.01 | $196.5M | |
| 0.05xx | $0.05 | $10.0M | $25.439 |
| 0.13xx | $0.13 | $25.0M | $63.599 |
| 0.25xx | $0.26 | $50.0M | $127.197 |
| 0.51xx | $0.51 | $100.0M | $254.395 |
| 1.27xx | $1.28 | $250.0M | $635.987 |
| 2.54xx | $2.56 | $500.0M | $1,271.974 |
| 3.82xx | $3.84 | $750.0M | $1,907.96 |
| 5.09xx | $5.12 | $1.0B | $2,543.947 |
| 15.26xx | $15.37 | $3.0B | $7,631.841 |
| 25.44xx | $25.62 | $5.0B | $12,719.736 |
| ATHx | $1.71 | $333.8M | $849.057 |
