CM
CM|Aug 12, 2025 13:48
Here is a mention of a "market bound" token economy, and the first thing that comes to my mind is the oracle market. To some extent, there are many similarities between PROVE and LINK in terms of economy, which do not depend on the performance of a single application, but on the demand of the entire market. In other words, the expansion demand of Ethereum continues to increase, and as the demand increases, the value of Succinct will also rise accordingly. The performance of PROVE has also exceeded expectations, opening 0.6 lower and reaching a peak of 1.7 in the past two days. It is difficult to say how much valuation it has given, and the prices are all based on future expectations. Just like at the beginning, everyone could not predict how big the future oracle market would be. Now, the market has not fully understood it, and Succinct also needs to prove itself through data. Let the bullet fly for a while.
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