PROVE, the native token of the Zero-Knowledge (ZK) Prover Network, Succinct is making headlines in the crypto space, as it surged 30% today. Notably, in this, the new Succinct mainnet launch, Binance’s listing, and other factors also played a significant role. Let’s discuss.
PROVE Token Rallies With Succinct Mainnet Launch
The Succinct mainnet is now officially live following its deployment on August 5. It is a production version of the Succinct Prover network with a decentralized marketplace for ZKPs. It enables any app or even the protocol to request ZK proof instead of the centralized system, fueling the PROVE token price rally.
They said it couldn’t be done…
We PROVED them wrong.
The Succinct Prover Network is now live on mainnet. https://t.co/efSeIVbCIt
— Succinct (@SuccinctLabs) August 5, 2025
With the launch of the mainnet and the native token, bullish sentiments grew for the token, fueling its price rally. This Succinct mainnet launch played a crucial role in the token’s performance, as it marks the transition from speculation to utility.
It’s a complete proof that the project is live and the token will play the assigned roles, increasing its demand and sparking ecosystem growth. Notably, PROVE is launched with key utilities, including paying for ZK proofs, a secure network, participation in governance, and much more.
Additionally, the token gains exchange listing and other related activities, so its price reacts. At present, it trades at $1.17 with $1.36B in market capitalization. Additionally, its trading volume has surged by 33,000% in 24 hours, currently at $1.36B, signaling high investor demand.
Notably, the surge was accomplished while the broader crypto market saw a correction. Even the top digital assets like Bitcoin, Ethereum, and others struggle today, but PROVE became an exception.
PROVE Token Launch and Exchange Listings
Succinct Prover Network has launched its native token with a 1 billion total supply, out of which 195 million (19.5%) is already in circulation. Interestingly, an airdrop of 15 million PROVE is allocated to BNB holders via Binance’s HODLer Airdrop.
Notably, many top crypto exchanges, including Binance, Coinbase, and others, have listed the token, providing it more visibility and credibility. As a result, its trading volume skyrocketed 33,000%, fueling the 30% price surge today.
Frequently Asked Questions (FAQs)
The Succinct mainnet is a decentralized marketplace for SKPs, allowing any app or protocol to request proof without relying on centralized systems.
Prove is the utility token for Succinct and will play a role in paying for ZK proofs, participating in network governance, and more.
A whopping 15 million PROVE is allocated to BNB holders via Binance’s HODLer Airdrop.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry.
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