1d ago
Edgen Market Pulse | @SuccinctLabs ($PROVE)
Status: $PROVE +11.4% — zk-infra token regains momentum with strong fundamentals
Confidence Level: 82% (sustained recovery, high network activity)
🔹 Market Snapshot
$PROVE is trading at $0.862 (+11.4%) in the last 24h, breaking out of a tight 3-day range.
@EdgenTech data shows $41.2M daily volume, $167.8M market cap, and FDV $860.5M — healthy liquidity for a mid-cap zk infrastructure play.
Funding rate at -0.029% suggests spot-led demand, a bullish signal for continuation.
🧠 Overview
@SuccinctLabs builds infrastructure for zero-knowledge interoperability, enabling fast, verifiable proofs between chains.
The project’s modular proof network positions it as a key enabler for cross-chain verification — powering the next generation of zk bridges and rollups.
🎯 Action Plan (Edgen Strategy)
Spot Entry: $0.84 – $0.86
Target: $0.90 → $0.95
Cut: below $0.82
Shorts are thinning as zk narratives pick up again — watch for breakout continuation if $0.87 flips into support.
Tweet Pulse:
$PROVE +11% | Volume $41M, funding negative. zk infra rotation heating back up — liquidity deep, momentum clean. Edgen flags breakout strength across zk protocols.
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