Coinbase Perpetual Futures: Exciting Succinct PROVE Listing Sparks New Opportunities

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 05 2025

Should l Buy PROVE?

Coinbase Perpetual Futures Launch: Coinbase International has announced the listing of Succinct (PROVE) perpetual futures, expanding its offerings and providing traders with new opportunities in the crypto derivatives market. Trading is set to begin on or after 7 p.m. UTC.
Benefits and Risks of Perpetual Futures: Perpetual futures allow for continuous trading without expiration, offering benefits like leverage and liquidity, but also come with risks such as high volatility and potential liquidation. Traders are advised to approach this market with caution and proper risk management strategies.

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Technical Analysis for PROVE

Technical Sentiment Analysis for Succinct (PROVE). As of , Succinct (PROVE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 2 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for PROVE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, PROVE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Succinct (PROVE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0941	0.177	0.251	0.334	0.408	0.491	0.565
Fibonacci	0.177	0.237	0.274	0.334	0.394	0.431	0.491

About PROVE

Succinct is a protocol focused on verifiable computation, enabling developers to easily generate and verify zero-knowledge (ZK) proofs in a variety of settings using its general-purpose zkVM (zero-knowledge virtual machine). Its mission is to make cryptographic verifiability a default feature in blockchain and web3 infrastructure and beyond, allowing systems to become more scalable, secure, and trust-minimized.Succinct is built around the idea of empowering developers with tools that abstract away the complexity of zero-knowledge cryptography. Rather than requiring niche languages or specialized knowledge, Succinct’s zkVM allows developers to write provable programs in familiar languages like Rust - reducing the time to integrate ZK from months to days.Succinct was founded in 2022 in San Francisco, California by a team of researchers and engineers with deep experience in cryptography, systems, and blockchain development. The project is backed by top-tier investors such as Paradigm, and has already been integrated into major crypto protocols like Ethereum layer 2 rollups, secure bridging, and light client infrastructure, and more. The Succinct token (PROVE) is designed to secure and incentivize participation in the Succinct Prover Network, a decentralized marketplace where anyone can contribute compute capacity and earn fees by generating proofs. It can be used to reward provers, stake to secure the network, and participate in governance.Real-world applications of Succinct’s technology include powering layer 2 rollup solutions, verifiable exchanges, trustless bridges between chains, verifying the output of off-chain computation, enabling tamper-proof data feeds, and even extending to AI model verification and privacy-preserving systems outside of crypto.As zero-knowledge proof systems become more central to the future of decentralized infrastructure, Succinct aims to be the foundational layer making ZK accessible, scalable, and production-ready.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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