Succinct Debuts ZK Prover Network, Activates PROVE Token

- Succinct launched its decentralized Prover Network on the Ethereum mainnet on August 5, 2025. - The network already supports over 35 protocols, processing 5 million proofs and securing $4 billion in value. According to an announcement on August 5, 2025, the blockchain infrastructure project Succinct launched its decentralized Succinct Prover Network on the Ethereum mainnet. The launch, which also activated its native PROVE token, creates a marketplace for zero-knowledge (ZK) proof validation, empowering developers to build secure and scalable crypto-native applications without needing custom setups. The Succinct Prover Network uses a global ecosystem of provers to generate and verify ZK proofs. The system supports applications on Ethereum, Layer 2 rollups, and AI agents. Its architecture decouples off-chain execution from on-chain settlement, which mirrors Layer 2 scaling solutions. To ensure transparency and security, provers periodically post proofs to Ethereum for on-chain validation. The PROVE token serves as the foundation for the network’s economic and governance framework. Provers receive PROVE rewards for validating proofs and must stake the token as collateral to ensure their reliability. If a prover acts maliciously or fails to deliver a proof, they forfeit their staked tokens. Additionally, PROVE holders can influence governance decisions, such as emissions schedules, auction structures, and fee models. The Succinct Prover Network has already gained notable traction. The network supports over 35 protocols, including Polygon, Mantle, Celestia, and Lido. It has also processed more than 5 million proofs from 1,700 different programs. Currently, the network secures $4 billion in value, which underscores its importance in the blockchain ecosystem. This launch follows several key developmental milestones. In 2024, Succinct Labs, the core team behind the project, raised $55 million in a Series A funding round led by Paradigm. The network’s transition from testnet to mainnet marks a significant step toward democratizing proof generation for developers. In a company statement on August 5, CEO Uma Roy said, “With mainnet live, Succinct is prepared to support the next wave of applications requiring verifiable computation.” In the same statement, CTO John Guibas highlighted the rapid progress, emphasizing the transition from conceptual whitepaper to operational mainnet within just eight months. Looking ahead, Succinct’s successful launch could play a vital role in the future of Ethereum’s ZK roadmap and may also inspire other decentralized infrastructure projects.