Succinct vs Waves — how do they compare? Succinct trades at Rp3,621 (market cap Rp704,36M, Rp90,27M 24h volume), while Waves trades at Rp4,633 (market cap Rp612,02M, Rp56,92M 24h volume). The key difference: Succinct is the larger of the two by market cap, and Succinct's supply is capped (195M / 1B PROVE (20%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Succinct for 23 Days and Waves for 74 Days on average.
| PROVE | WAVES | |
|---|---|---|
Market Cap | Rp704,36M | Rp612,02M |
Volume (24h) | Rp90,27M | Rp56,92M |
Circulating Supply | 195M / 1B PROVE (20%) | 132,4M WAVES |
Typical Hold Time | 23 Days | 74 Days |
Succinct is a protocol designed for verifiable computation, allowing developers to easily create and verify zero-knowledge (ZK) proofs in various contexts using its general-purpose zero-knowledge virtual machine (zkVM). Its mission is to establish cryptographic verifiability as a standard feature in blockchain, Web3 infrastructure, and beyond. This initiative aims to enhance the scalability, security, and trust-minimization of systems.
Read more on PROVE →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →