Succinct Token (PROVE) Reaches new Heights, Soaring 26% in a Day
The Succinct (PROVE) token has climbed more than 26% in the last 24 hours. This impressive surge pushed PROVE to a new all-time high of $1.72. the success continues the trend from the past week, during which PROVE rose significantly.
Succinct is a platform focused on zero-knowledge rollups, a technology enabling transactions with better privacy. After launching its mainnet on August 5, 2025, the token initially reached $1.5 but then fell to around $0.96 due to profit-taking following the airdrop.
Yet, as altcoins rallied alongside Ethereum surging above $4,300, PROVE soared again, mirroring Ethereum and other privacy-focused projects like Monero.
Exchange listings also played a critical role in the token’s ascent. Major platforms like Coinbase, Binance, Upbit, and MEXC now support PROVE trading.Notably, when South Korea’s biggest exchange, Upbit, added the PROVE/KRW pair, trading volume soared, reaching approximately $565 million.
- PROVE priced at $1.72 on August 11, 2025.
- Token surged 89% over the last week.
- Main network built for enhanced transaction privacy.
Succinct has processed 5 million proofs securing over $4 billion across various networks, including Polygon and Celestia. Token holders can stake PROVE to support the Succinct prover Network and receive rewards.
Of the 50 million PROVE tokens airdropped, almost $20 million worth has been claimed, leaving about $31.15 million untouched. According to Dune, roughly 6.8 million tokens are currently staked.
With ongoing utility in staking and governance, PROVE’s price outlook remains bullish, confirming the platform’s growing influence.