
anymose🐦⬛|Aug 14, 2025 03:31
To be honest, PROVE has successfully won over the ZK series, right
Now Starknet is worth 400 million US dollars, zksync is worth 400 million US dollars, Succinct's circulating market value has also reached 300 million US dollars, and FDV is worth 1.4 billion US dollars. It seems that zk, which everyone once shouted at, has become tough again.
Is it because the market is good, they are developing in a sleazy way, or is there really something about themselves?
Let's dive in!
⬇️
Success and failure are complex, and zero knowledge proof is one of the pearls in the crown of cryptography. With its unique proof method, it can perfectly adapt to the transparency reverse of blockchain, allowing data to retain privacy on a transparent chain. Many projects have been developed around ZK technology, and @ SuccintLabs is one of the few landing products in recent years.
The meaning of landing is to be usable, able to use, and easy to use.
Succinct provides a zkVM for developers and a decentralized proof network for clients/users, with clear user profiles and a well-defined business model.
So essentially, it is not another zk public chain, but a zk business service provider. The direct evidence is that Succinct has generated approximately $2.5 million in annual recurring revenue, which is relatively rare in the cryptocurrency circle where coins are widely issued and sold.
ZkVM is a modular, universal zero knowledge proof virtual machine that can run WASM programs. This allows developers to directly write code in languages such as Rust and C++to request zero knowledge proofs, greatly reducing the entry barrier for developers. Zero knowledge proof requests are sent to the verification network, and anyone can contribute computing power and generate proofs to make money. This is a standard business flow, I think it's very clear now.
The token PROVE exists as a utility token in the entire system, and developers and validators directly use tokens for settlement; Network security is achieved through staking, rewarding, and confiscating tokens, and of course, governance is essential.
PROVE has participated in the HODLer airdrop of Binance 31, and can receive 15 million tokens for airdrop distribution by subscribing to regular or current guaranteed and on chain earning coins with BNB. I'm really full. 15 million coins account for 1.5% of the total, TGE circulation is only 19.5%, and BNB Holders have received about 16% of the distribution. Note that this is still guaranteed.
BNB offers more rights and benefits https://www. (binance. com)/zh-CN/bnb View here, I believe the holders can only say three words:
Comfortable now.
/
Author: Anymose | A Soft Core Science Popularization Writer
This article is for educational purposes only and does not constitute any investment advice. Always remember DYOR!
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink