PROVE price hits new ATH of $1.7 amid crypto bounce

Succinct price surged more than 26% in the past 24 hours as broader crypto momentum helped the decentralized zero-knowledge platform’s native token reach a new all-time high above $1.70.

The Succinct (PROVE) token reached a new all-time high of $1.72 on August 11, 2025, hitting the milestone amid a post-mainnet launch rally.

Succinct, which eyes the burgeoning zero-knowledge rollups sector, unveiled its mainnet on August 5, 2025, and saw PROVE rally to $1.5 before retreating to around $0.96. This came amid notable profit taking by those to benefit from the airdropped token.

But with altcoins on a tear, mainly exemplified by Ethereum (ETH)’s surge above $4,300, Succinct has broken higher to hit a new ATH. The privacy-focused crypto project mirrored not just the ETH spike, but gains across ecosystem tokens such as Monero (XMR).

Upbit listing helps PROVE price surge

PROVE token’s gains have also come amid excitement over top exchange listings.

Coinbase, Binance, Upbit, and MEXC are among the major global crypto exchanges that have added trading support for the ZK-proofs token. Trading volume spiked after Upbit, South Korea’s largest crypto exchange, launched the PROVE/KRW pair.

Market data shows that Upbit leads in spot volume, with total trading volume hovering around $565 million.

Staking PROVE 

Succinct’s multi-chain platform and key integrations have processed over 5 million proofs and secured more than $4 billion in total value locked across Polygon, Celestia, Avail, and other networks. Holders can stake PROVE to a prover, help secure the Succinct Prover Network, and earn rewards in return.

Data from Dune shows that of the 50 million PROVE airdropped, $19.85 million worth has been claimed, while $31.15 million remains unclaimed. So far, 6.8 million tokens have been staked, accounting for about 0.68% of the total supply.

With the token’s functional utility in staking, governance, and other roles, PROVE’s price is showing continued upside momentum. Succinct is up 89% in the past week.