Crypto exchange  Indodax is back with new news for its users with plans to add a digital asset called Succinct (PROVE).

PROVE is an ERC-20-based utility token focused on the development of Zero-Knowledge Proof (ZKP) technology.

This technology is a significant breakthrough in the blockchain world because it can improve the security, efficiency, and privacy of transactions without revealing sensitive data.

In this article, you will gain an educational understanding of PROVE, how it functions in the blockchain ecosystem, and its potential for the future.

What is Succinct (PROVE)?

Succinct is a decentralized protocol that efficiently provides Zero-Knowledge Proof (ZKP)-based proofs.

This technology enables secure and transparent data verification without exposing sensitive information.

Within its ecosystem, PROVE is an ERC-20 utility token that runs on the Ethereum network.

This token serves as the primary driver of activity on the Succinct network, from incentivizing provers to supporting user-to-user interactions.

With PROVE, developers can harness the power of ZKP without requiring in-depth cryptography expertise.

This paves the way for broader ZKP implementation, whether for blockchain applications, digital infrastructure, or other innovations that require privacy and trusted verification.

PROVE Token Function & Purpose

The PROVE Token serves not only as a digital asset, but also as a crucial pillar supporting the Succinct ecosystem.

Through its functionality, PROVE provides an active role for users and developers in building a more open network. Here are some of its functions, including:

1. Payment

PROVE is used to pay provers, the parties who produce proofs in the system. This payment applies to various blockchain-based applications such as rollups, cross-chain bridges, or DApps.

PROVE creates a clear incentive process, thus motivating provers to maintain the quality and speed of the proofs they produce.

2. Staking

Token holders can stake PROVE to participate in the proof generation auction mechanism.

This mechanism not only provides the opportunity for rewards but also requires accountability, as failure to produce proofs can result in token slashing. This system encourages healthy and quality participation in the network.

3. Delegation

Not all users have the technical capacity to directly participate as provers. Therefore, PROVE can be delegated to service providers.

Through this delegation, token holders can still contribute to the network and earn a share of the revenue without having to be directly involved in the technical process.

4. Governance

PROVE also functions as a governance token. Owners have the right to vote in key decisions, from protocol updates to the allocation of funds for ecosystem development.

This ensures that Succinct’s growth direction remains democratically community-led.

Fundamentally, PROVE’s overarching goal is to open broader access to Zero-Knowledge Proof (ZKP) technology in the blockchain world.

With this token-powered ecosystem, developers and users can more easily utilize ZKP in various digital innovations.

Market Data & Tokenomics Summary (PROVE) (September 2025)

As of the end of September 2025, the PROVE token was trading at around IDR 12,174 per token (data from CoinMarketCap on September 29, 2025, at 5:32 a.m. WIB).

In terms of market capitalization, PROVE recorded around IDR 2,370,000,000,000, with a 24-hour trading volume of IDR 1,810,000,000,000, an increase of more than 120% compared to the previous period.

The high volume-to-market cap ratio indicates that market interest and liquidity remain quite active.

In terms of tokenomics, PROVE has a total supply of 1,000,000,000 tokens, with a circulating supply of approximately 195,000,000 PROVE, or 19.5% of the total. This means there is still potential for supply unlocks to occur in the future.

Based on the total supply, PROVE’s Fully Diluted Valuation (FDV) is around IDR 12,170,000,000,000, reflecting its full valuation when all tokens are in circulation.

The number of token holders continues to grow, with approximately 10,800 wallet addresses recorded as holding PROVE. This figure indicates a fairly broad community distribution for a new project.

The current price is still well below the All-Time High (ATH) of around IDR 27,000 in August 2025, indicating a healthy correction following the global listing hype.

This could be a consolidation phase that provides a more stable foundation for the future growth of the Ringkas ecosystem.

PROVE Potential & Risks

The PROVE token presents significant opportunities as well as risks that potential investors and users should be aware of.

In terms of potential, PROVE focuses on Zero-Knowledge Proof (ZKP) technology, a relevant innovation for supporting privacy and security in blockchain.

Demand for such solutions continues to grow, especially amidst the proliferation of rollup applications, bridges, and decentralized infrastructure.

Furthermore, PROVE’s high trading volume since its launch demonstrates strong liquidity for a new token, signaling a fairly responsive market.

Furthermore, support from the developer community is also a strength, as many crypto developers are beginning to explore ZKP-based solutions through the Succinct ecosystem.

However, despite this potential, PROVE also poses a number of risks. One of these is the large difference between its current market capitalization and its Fully Diluted Valuation (FDV).

This difference indicates potential price pressure in the future, especially when the token’s uncirculated supply begins to be unlocked.

Furthermore, while ZKP offers a sophisticated solution, the technology is still relatively niche, and mass adoption may take longer.

Furthermore, PROVE’s price has shown strong performance since its listing, so investors need to develop a solid risk management strategy before further involvement.

How to store & use PROVE

PROVE tokens can be stored in various wallets that support the Ethereum network.

Popular choices among users include MetaMask and Trust Wallet, while for higher security, hardware wallets like Ledger or Trezor are available.

By storing tokens in a personal wallet, token holders can more freely control their assets.

In the Succinct ecosystem, PROVE plays a crucial role as a key driver of network activity. This token is used to pay for the proof generation service run by proven.

PROVE holders can also stake, delegate tokens to service providers, and participate in protocol governance. All of these functions ensure the ecosystem continues to run and grow.

For Indodax users, after PROVE is officially listed, tokens can be purchased directly with Rupiah.

If you want to further engage in the Ethereum ecosystem, users can transfer PROVE from their Indodax account to a personal wallet for use as needed within the Succinct network.

PROVE Community & Ecosystem

Succinct is actively building a developer community in the Ethereum ecosystem, with the goal of expanding the understanding and application of Zero-Knowledge Proof (ZKP) technology.

To support interaction, official groups are available on platforms like Telegram and Discord, which can usually be found through the official website or whitepaper.

These community activities focus heavily on education and the development of ZKP-based applications.

With the direct involvement of developers and users, the PROVE ecosystem is expected to grow faster and produce relevant innovations for the blockchain world.

How to Buy Succinct (PROVE) on Indodax

For those of you interested in owning PROVE tokens, the purchase process on Indodax is quite easy. Here’s a step-by-step guide:

1. Deposit Rupiah

The first step is to top up your Indodax account balance with Rupiah. You can make a deposit via bank transfer, virtual account, or e-wallet connected to Indodax.

Make sure the deposit amount matches the amount you want to use to buy PROVE.

2. Search for the PROVE Market

Once your Rupiah balance is entered, open the Market menu in the Indodax app or website. Type “PROVE” in the search bar, then select the PROVE/IDR trading pair to buy directly with Rupiah.

3. Place an Order

Determine the amount of PROVE you want to buy according to your needs. You can choose a Market Order to buy immediately at the market price or a Limit Order if you want to set your own price and wait for execution.

4. Save to Wallet

After the transaction is successful, PROVE will automatically be saved to your Indodax account. To join the Ethereum ecosystem or increase security, you can move them to a personal wallet such as MetaMask, Trust Wallet, Ledger, or Trezor.

Conclusion

So, that was an interesting discussion about Succinct (PROVE) – the ERC20 token powering ZKP, which will soon be listed on Indodax. You can read more about it in the INDODAX Academy.

In conclusion, PROVE is an ERC20 token designed with a focus on utilizing Zero-Knowledge Proof, a crucial technology that supports privacy in blockchain.

With a large supply, high trading activity, and a solid technical ecosystem foundation, PROVE has the potential to occupy a key position as one of the supporting infrastructures for Web3.

However, it is important for investors and users to understand the risks involved, particularly regarding fluctuating price movements and token unlock schedules that can impact the market.

The presence of PROVE on Indodax opens up opportunities for the Indonesian crypto community to directly participate in the development of ZKP technology with easier access.

By the way, in addition to gaining in-depth insights through various popular crypto education articles, you can also broaden your horizons through a collection of tutorials and choose from a variety of popular articles that suit your interests.

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FAQ

1.What is Succinct?
A decentralized network for creators and users of ZKP-based tokens.

2.What is the main function of the PROVE token?
It serves as a means of payment, staking, delegation, and governance in the Succinct ecosystem.

3.Can PROVE be stored in a hardware wallet?
Yes, because it is ERC20-based, PROVE is compatible with Ledger and Trezor.

Author: Boy