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$PROVE Key Developments:
Mainnet Launch and Token Activation: Succinct announced the mainnet deployment of the Succinct Prover Network and the activation of its native PROVE token on August 5, 2025. This network functions as a decentralized marketplace on Ethereum, allowing applications to submit ZK proof requests and independent provers to verify them.
Exchange Listings: Following its mainnet debut, PROVE was listed on Bitget, a leading global cryptocurrency exchange, where it saw a significant surge in trading volume. It is also listed on Binance, where it has a Seed Tag and supports multiple trading pairs, increasing its visibility and liquidity.
Technology and Use Cases: Succinct develops SP1, a fast zero-knowledge virtual machine (zkVM) integrated into critical infrastructure, securing over $4 billion in value. The technology aims to simplify ZK tech for developers, enabling them to build secure, transparent, and scalable crypto infrastructure without custom setups. Real-world applications include powering Layer 2 rollup solutions, verifiable exchanges, trustless cross-chain bridges, verifying off-chain computation, and potentially extending to AI model verification.
#Mainnet #Bitget