CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

SuccinctPROVE

A network where computers compete to produce zero-knowledge proofs that verify computations for blockchains.

Rank #503Since August 2025
Price on 31 Oct 2026
C$0.3058 +29.8% since 31 Jul 2026 · 87.0% below its all-time high

The short version

Succinct runs a marketplace for zero-knowledge proofs: apps such as rollups and bridges pay provers in PROVE to generate proofs with its open-source SP1 system, and provers stake PROVE as collateral. It is led by Uma Roy and John Guibas, and Paradigm led a US$55M raise. A high-severity flaw in SP1's Rust verifier, found through a bug bounty and not exploited, was patched on 24 Sep 2026. On 31 Oct 2026 one PROVE cost C$0.3058. From 31 Jul 2026 to 31 Oct 2026 its price changed +29.8% in Canadian dollars, and it was 87.0% below its all-time high of C$2.36 set on 11 Aug 2025.[1]

Checked 31 Oct 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.9572 (2 Nov 2025) · low C$0.2018 (15 Aug 2026) · -67.3%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.3100US$0.2221
30 Sep 2026C$0.3391US$0.2382
31 Aug 2026C$0.2397US$0.1729
31 Jul 2026C$0.2364US$0.1685
30 Jun 2026C$0.2832US$0.1994
31 May 2026C$0.3219US$0.2333
30 Apr 2026C$0.3343US$0.2462
31 Mar 2026C$0.3168US$0.2279
28 Feb 2026C$0.3965US$0.2899
31 Jan 2026C$0.5261US$0.3900
31 Dec 2025C$0.5641US$0.4119
30 Nov 2025C$0.6668US$0.4754

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.3058[1]
3-month change
+29.8% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
87.0% below its high of C$2.36 (11 Aug 2025)[1]
Market rank
#503, market value about C$59.5M[1]
Kind
Token · Ethereum (ERC-20); also BNB Chain
Started
August 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoOwnership renounced on 21 Jul 2025; no minter roles granted[2, 3]
Can anyone freeze or take coins from holders?NoNo blacklist or balance-change control (GoPlus)[2]
Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy[2]
Is the supply capped?Yes1 billion, with the minting owner renounced[4, 2]
Any scheduled unlocks in the next 12 months?YesAbout 239M PROVE, about 123% of circulating[5]
Does a team or foundation hold over 10% of supply?YesContributors, investors and foundation still have about 314M (31%) unvested[5]
Do network fees reach coin holders?Not disclosedApps pay provers; no fee totals or holder share published[4, 6]
Main network hacked or halted in the past 2 years?NoA verifier flaw was patched on 24 Sep 2026 without being exploited[7, 8]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Founders
Uma Roy (CEO) and John Guibas[9]
Backers
Paradigm led the US$55M Series A (Mar 2024)[5]
Admin key
None: contract ownership renounced on 21 Jul 2025; no minter roles granted[2, 3]

Supply

In circulation
195.00M PROVE of a 1.00B maximum (19.5%)[1]
Fully diluted value
5.13 times its current market value[1]
Allocation
Contributors 29.5%, ecosystem and R&D 25%, public and future incentives 25%, investors 10.5%, foundation 10%[5]
Unlocks
About 239M PROVE in the next 12 months, about 123% of CoinGecko's 195M circulating[5, 10]
Count gap
CoinGecko counts 19.5% circulating; DropsTab counts 47% unlocked[5, 10]

Use and fees

Main use
Payment for proofs, collateral that provers stake, and governance[4]
Revenue
Not disclosed; no DefiLlama fee entry[6]
Integrations
Its ZK cross-chain verifier is set for Chainlink CCIP mainnet (announced 28 Sep 2026)[7]

Trading

Daily trading
About C$23.6M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 14.11% of its market value changes hands each day[1]
20-week average
14.8% above its 20-week average price[1]
1-year change
-68.0% in C$[1][11]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later[12]

Typical result
Median -38% after a year; 33% higher after two years
Lost half or more
44% within a year
Against Bitcoin
11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found
  • Red flag: About 239M PROVE, more than CoinGecko's 195M circulating, is scheduled to unlock in the 12 months to Oct 2027.[5, 10]
  • 100M PROVE unlocked on 5 Aug 2026, one year after launch.[7]
  • SP1 patch 6.8.1 on 24 Sep 2026 fixed a Rust-verifier flaw found through Immunefi; on-chain Solidity verifiers were not affected.[7]
  • Contributor and investor tokens vest linearly until 5 Aug 2029; foundation and ecosystem tokens until 5 Aug 2028.[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. GoPlus token security, 1 Nov 2026
  3. Blockscout (PROVE ownership events), 1 Nov 2026
  4. CoinMarketCap AI (what is Succinct), Oct 2026
  5. DropsTab (Succinct vesting), 31 Oct 2026
  6. DefiLlama fees, 31 Oct 2026
  7. CoinMarketCap AI (Succinct updates, citing TokenPost), Oct 2026
  8. DefiLlama hacks, 31 Oct 2026
  9. CryptoRank (Succinct team), 31 Oct 2026
  10. CoinGecko markets data, 31 Oct 2026
  11. Bank of Canada USD/CAD rate, 31 Oct 2025
  12. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.