📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
In the development of blockchain technology, Succinct Lab is leading a revolution in zk-SNARKs. This project is much more than just another ZKP project; it is actually building the entire infrastructure for zk-SNARKs, which can be called the "AWS of the zero-knowledge space."
The core innovation of Succinct Lab lies in its developed SP1, which is a high-performance zkVM (zk-SNARKs) based on Rust. More importantly, they have established a decentralized "prover" network. This means that developers only need to upload the programs that need to be verified and can obtain ZK proofs just like calling an API, greatly lowering the threshold for using ZKP technology.
The mainnet of the project went live on August 5, and the performance of its token PROVE has been remarkable. Trading volume surged by 33,000%, and the price once reached $1.5, demonstrating strong market confidence in this infrastructure. This is not just short-term speculation, but a reflection of long-term value based on actual applications, funding support, and ecosystem development.
Currently, more than 35 projects have connected to the mainnet of Succinct, with a total asset value exceeding $4 billion. The supported application range is extensive, from Polygon to AI verification, to cross-chain bridges, showcasing its strong adaptability and potential.
The success of Succinct Lab lies not only in its technological innovation but also in its provision of a scalable and efficient zk-SNARKs solution for the entire Blockchain ecosystem. As more projects integrate and utilize it, we can expect to see more innovative applications based on ZKP emerge, driving the entire industry forward.
The rapid development and widespread adoption of this project highlight the urgent demand in the market for efficient and user-friendly zk-SNARKs infrastructure. As the technology continues to mature, Succinct Lab has the potential to become an important bridge connecting traditional developers with the Blockchain world, contributing significantly to the popularization of Web3.