PROVE (Succinct) rose 8.12% in the last 24 hours.

Gate News Bot news, August 6, according to CoinMarketCap data, as of the time of writing, PROVE (Succinct) is currently priced at $0.98, with a rise of 8.12% in the last 24 hours, reaching a high of $1.13 and a low of $0.58. The 24-hour volume is $448 million. The current market capitalization is approximately $192 million, an increase of $14.44 million compared to yesterday.

Succinct is a decentralized prover network designed to make zero-knowledge technology simple and easy to use. The project has generated over 5 million proofs and established partnerships with more than 35 partners, protecting a total locked value of over $4 billion. Succinct provides infrastructure such as SP1 (the world's fastest RISC-V zkVM) and Prover Network (a decentralized network for providing computing and earning rewards). Developers can write code in Rust to easily generate and verify zero-knowledge proofs, with application scenarios including zkEVM, Rollups, co-processors, authentication, machine learning, and interoperability.

PROVE recent important news:

1️⃣ Gate launches PROVE spot trading globally Gate will officially launch Succinct(PROVE) spot trading globally on August 6, 2025, at 01:00 UTC+8, with the trading pair PROVE/USDT. This marks the official entry of PROVE into the mainstream cryptocurrency trading market, which is expected to enhance its liquidity and market attention.

2️⃣ Gate launches multiple trading features for PROVE Gate will launch PROVE perpetual contract trading on August 6, 2025, at 1:10( UTC+80, supporting 1-20x leverage, settled in USDT. At the same time, it will also introduce features such as unified account lending, isolated margin trading, idle coin wealth management, flexible collateralized loans, and fixed-term collateralized loans. These diversified trading and financial tools will bring more trading opportunities and investment options for PROVE.

3️⃣ PROVE token delivery is about to begin Gate will end the pre-market OTC trading of the PROVE token on August 6, 2025, at 00:30) UTC+80 and then proceed with the settlement from 03:00 to 05:00( UTC+80. This process will affect the early price formation and volume of PROVE, and investors should closely monitor the settlement process and market reactions.

The global launch of PROVE and the introduction of diverse trading functions reflect the market's recognition and expectations of the Succinct project. As a decentralized prover network committed to simplifying the application of zero-knowledge technology, Succinct has potential in the blockchain infrastructure field. However, investors should still cautiously assess the project's long-term development prospects and the market competition landscape.

This message is not intended as investment advice, and investors should be aware of market volatility risks.