List of Flash News about Succinct
Time | Details |
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2025-09-30 23:57 |
Succinct ZK Verifications Reach 420,000 in ~2 Months: $260K Fees Paid in PROVE and 130 Integrations Signal On-Chain Demand
According to @EmberCN, since Succinct’s mainnet launch in early August, integrations grew from 0 to 130 across public chains and protocols, totaling 420,000 ZK verifications at an average of ~8,000 per day (source: https://twitter.com/EmberCN/status/1973175382112403776). According to @EmberCN, these verifications paid about $260,000 in fees, settled in PROVE and distributed to PROVE stakers (source: https://twitter.com/EmberCN/status/1973175382112403776). According to @EmberCN, the data implies an average fee of roughly $0.62 per verification ($260,000 / 420,000) and an approximate protocol revenue pace of about $4.3K per day over the period, derived from the stated totals (source: https://twitter.com/EmberCN/status/1973175382112403776). For traders, according to @EmberCN, the realized on-chain fee utility for PROVE and steady verification throughput are concrete usage metrics to monitor alongside integration growth and staker distributions in the ZK verification market (source: https://twitter.com/EmberCN/status/1973175382112403776). |
2025-09-09 08:32 |
Arthur Hayes’ Bybit Address Receives 3.21M PROVE From Project-Linked Wallet — $2.86M Transfer Sparks Succinct Involvement Questions
According to @ai_9684xtpa, an address labeled as Arthur Hayes’ Bybit deposit received 3.21 million PROVE worth about $2.86 million from a project-linked wallet roughly 11 hours before the post (source: @ai_9684xtpa; Arkham Intelligence). The sender is associated with the project team, and there is no public disclosure confirming Hayes’ involvement with Succinct or clarifying whether the transfer reflects personal investment, OTC, or another form of participation (source: @ai_9684xtpa). Traders often monitor large inflows to exchange deposit addresses as potential liquidity or sell-side overhang signals, warranting close tracking of PROVE order books and subsequent on-chain movements (source: Glassnode Insights; Kaiko Research). |
2025-09-08 13:09 |
Bybit Lists PROVE Spot After Binance, Upbit, Coinbase: $175M Circulating Cap, $898M FDV, zk Rank #7
According to @ai_9684xtpa, Bybit has announced spot listing for PROVE, adding to its availability after prior listings on Binance, Upbit, and Coinbase (Source: @ai_9684xtpa on X, Sep 8, 2025). The author reports PROVE’s circulating market capitalization at $175 million and fully diluted valuation at $898 million (Source: @ai_9684xtpa on X, Sep 8, 2025). The author also states PROVE currently ranks seventh by market cap among zk projects, highlighting broader exchange coverage relevant for traders monitoring liquidity and price discovery across venues (Source: @ai_9684xtpa on X, Sep 8, 2025). |
2025-08-10 00:11 |
Succinct SP1 Mainnet Adoption: 10 Protocols, 13.8k ZK Verifications in 4 Days; $PROVE Stakers Earn 2,233 PROVE
According to @EmberCN, four days after mainnet launch, 10 protocols/networks have used Succinct’s SP1 to complete 13.8k ZK verifications, source: @EmberCN; Succinct block explorer. According to @EmberCN, $PROVE stakers have begun receiving revenue from the verification service with 2,233 PROVE distributed so far, source: @EmberCN; Succinct block explorer. According to @EmberCN, these on-chain metrics indicate live utilization of SP1 and active staking rewards for PROVE since launch, source: @EmberCN; Succinct block explorer. |
2025-08-01 14:05 |
Paradigm Portfolio: 59 Unlaunched Crypto Projects Including Opensea, Monad, Succinct Await TGE
According to @ai_9684xtpa, Rootdata reveals that Paradigm's investment portfolio still includes 59 projects that have not yet held a Token Generation Event (TGE). Notably, high-profile projects such as Opensea, Monad, and Succinct remain in the 'unissued' phase, drawing significant community attention. Monad and Succinct, both led by Paradigm and specializing in blockchain infrastructure, are at different development stages, with Monad currently running its Testnet-2 phase. This backlog of unreleased tokens may present trading opportunities once TGEs are announced and could influence market liquidity and project valuations. Source: @ai_9684xtpa citing Rootdata. |