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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
A major breakthrough has been achieved in the field of decentralized proof technology, as SuccinctLabs officially launches the $PROVE platform, creating the world's first decentralized proof network. This platform demonstrates remarkable technical strength, capable of completing Ethereum real-time proofs in just 10.3 seconds, 28 times faster than competitors, while dropping costs by 10 times.
This innovation has attracted significant attention from the capital markets, with the A round of financing successfully raising $55 million, led by the renowned investment firm Paradigm. The $PROVE platform has integrated with over 35 protocols, providing protection for assets with a total value locked (TVL) exceeding $4 billion.
$PROVE token performed exceptionally well after its listing, achieving a trading volume of $281 million in just three days, with a market capitalization reaching $204 million. The token price skyrocketed by 164% within 24 hours of its launch, setting a historical high of $1.54, and is currently stable around $1.04. Trading is mainly concentrated on major exchanges such as Upbit and Binance.
The core advantage of SuccinctLabs lies in its open-source SP1 zkVM technology, which supports the complete Rust standard library and engages in deep cooperation with industry-leading projects such as Polygon and Celestia. The platform has established a decentralized proof market that does not rely on a single rollup solution, providing users with more choices and higher security.
From a technical perspective, the $PROVE platform's performance is impressive. 93% of Ethereum blocks can be proven within 12 seconds, a feat that requires about 160 RTX 4090 GPUs to achieve. In addition to supporting Ethereum, the platform is also compatible with multiple ecosystems such as EVM, Solana, and AI co-processors.
For users who intend to participate in the $PROVE network, the platform has set a minimum staking threshold of 1000 PR. The emergence of this innovative project will undoubtedly promote further development of decentralization proof technology, bringing more efficient and secure solutions to the blockchain ecosystem.