Succinct (PROVE) Token Surges 34% After Bitget Listing and Mainnet Launch

Source Newsbtc

Succinct, a decentralized prover network revolutionizing zero-knowledge (ZK) infrastructure, has officially launched its mainnet and native token, PROVE. The launch, which took place on August 5, 2025, marks a major milestone in the evolution of cryptographic verifiability and scalability in the Web3 ecosystem.

Following the mainnet debut, the PROVE token was listed on Bitget, a leading global cryptocurrency exchange. Within 24 hours, the token surged by over 50%, reaching a trading price of $1.50 and generating over $715 million in 24-hour volume.

Bitget’s Succinct (PROVE) Listing Fuels Market Momentum

Bitget added PROVE to its Innovation Zone, opening spot trading for the PROVE/USDT pair on August 5, 2025. To incentivize adoption, the exchange launched a CandyBomb campaign featuring 66,666 PROVE in total rewards for traders and depositors.

This strategic listing allows users to engage with PROVE through both trading and staking activities. The token will also be listed on Binance, where it carries a Seed Tag and supports multiple trading pairs, further increasing its visibility and liquidity.

Succinct (PROVE) is trading near $1.2 and analysts note signs of consolidation ahead of a possible surge.

PROVE PROVEUSD Crypto Bitcoin BTC BTCUSD

Powering the Future of ZK Infrastructure

The PROVE token is the backbone of the Succinct Prover Network, a decentralized, two-sided marketplace where developers request ZK proofs and independent provers compete to fulfill them.

Unlike traditional systems that require complex and costly infrastructure, Succinct simplifies the integration of ZK proofs via a general-purpose zkVM that supports languages like Rust.

Currently, the network supports 35+ protocols, has processed over 5 million proofs, and secures more than $4 billion in value. Notable partners include Polygon, Mantle, Lido, and Celestia.

Looking Ahead

Succinct’s approach to verifiable computation is drawing comparisons to foundational internet protocols, with CTO John Guibas noting, “Our goal was to make proving infrastructure accessible at internet scale.”

With strong developer traction, dual exchange listings, and a scalable infrastructure model, Succinct is well-positioned to become a core component of blockchain scalability and privacy.

As zero-knowledge proofs move toward mainstream adoption, the PROVE token and its underlying network could be a notable mention in shaping the next era of dApps.

Cover image from ChatGPT, PROVEUSDT chart from Tradingview

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
EUR/USD nudges lower with ECB's monetary policy, US CPI on tapThe EUR/USD pair is posting losses on Thursday, trading intra-day lows below 1.1690 on the European morning session.
Author  FXStreet
9 hours ago
The EUR/USD pair is posting losses on Thursday, trading intra-day lows below 1.1690 on the European morning session.
placeholder
Charlie Kirk’s Death Becomes a Crypto Flashpoint With ‘Justice’ TokensThe launch of new tokens following headline-making events is not new in the crypto market.
Author  Beincrypto
10 hours ago
The launch of new tokens following headline-making events is not new in the crypto market.
placeholder
Meme Coins Price Prediction: Dogecoin confirms uptrend, reviving Shiba Inu, PepeMeme coins are on a bullish rebound, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) leading the way.
Author  FXStreet
11 hours ago
Meme coins are on a bullish rebound, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) leading the way.
placeholder
Forex Today: ECB rate decision, US inflation data to drive market actionMajor currency pairs trade in narrow ranges early Thursday as investors move to the sidelines ahead of key events.
Author  FXStreet
11 hours ago
Major currency pairs trade in narrow ranges early Thursday as investors move to the sidelines ahead of key events.
placeholder
European Central Bank set to keep interest rates unchanged for the second consecutive meetingThe European Central Bank (ECB) is widely expected to hold its key interest rates following the September monetary policy meeting.
Author  FXStreet
12 hours ago
The European Central Bank (ECB) is widely expected to hold its key interest rates following the September monetary policy meeting.
goTop
quote