Succinct

Succinct is a Layer 2 and infrastructure project operating within the Ethereum and BNB Chain ecosystems, with its native token trading under the symbol PROVE. The project focuses on zero-knowledge proof technology, which is a cryptographic method that allows one party to verify the truth of a statement without revealing the underlying data. This approach is aimed at developers and protocols that need to verify computation in a trustless, efficient way without exposing sensitive inputs.

Succinct is categorized as a zero-knowledge infrastructure layer, meaning it is designed to generate and verify ZK proofs that can be used by other smart contract platforms and applications. The PROVE token lives within both the Ethereum and BNB Chain ecosystems, though the stored data does not specify a consensus algorithm or a block production interval, as the block time recorded is zero. What is known is that the token is described as a smart contract platform asset with a circulating supply of 195,000,000 PROVE out of a maximum supply of 1,000,000,000 PROVE.

The data stored for Succinct does not include a fee stream, meaning there are no recorded figures for fees collected, who pays them, or who receives them. This absence means that fee-based performance measures commonly found on this site cannot be calculated or presented for PROVE. At the point-in-time snapshot, 19.5 percent of the maximum supply is circulating, leaving a dilution overhang of approximately 412.82 percent relative to current circulating supply, and a fully diluted valuation to market cap ratio of roughly 5.13, reflecting the significant portion of supply not yet in circulation.