Succinct Labs has launched the Succinct Prover Network on mainnet, introducing its native token PROVE to support payments and security within a decentralized marketplace for zero-knowledge proof generation. The network connects proof requesters, providers, and stakers on-chain and is powered by the SP1 zkVM, which enables seamless blockchain and AI use cases. The PROVE token has a total supply of 1 billion, with an initial circulating supply of 195 million tokens, including allocations for airdrops and the foundation. The token launched on multiple exchanges starting August 5, 2025, including Binance, Coinbase, Upbit, Bithumb, and KuCoin, with a fully diluted valuation of $1.3 billion. Binance Alpha was the first platform to feature PROVE trading, opening on August 5 at 15:00 UTC, alongside several other tokens such as Superp (SUP), Towns (TOWNS), INFINIT (IN), and TaleX (X). Binance also launched promotional trading challenges and airdrops for eligible users using Binance Alpha Points. The Succinct Prover Network supports over 1,700 programs and 35 protocols across major blockchains including Ethereum, Solana, and Bitcoin. The launch has been recognized by prominent blockchain projects such as Polygon and Optimism, highlighting the network's role in advancing zero-knowledge technology and cross-chain interoperability.