冰蛙
冰蛙|Aug 05, 2025 13:29
Direction is more important than effort, and trends are more crucial than technology. Succinct is a popular spot trading platform for Binance, and everyone is discussing how powerful its technology and team are. However, I think what's more important is that it has hit the big trend. If there is no consensus in this round that Ethereum becomes the first stop for institutions to enter, then Succinct's trusted verification may have to wait for several years before someone actually uses it. There is a trend where there is a significant demand and it is also easier to be admitted to large institutions. Without this trend, it's just a strong but difficult to implement and make money technical team. The cruelty of the industry lies in this, only trends can absorb value. PS: I conducted a detailed fundamental analysis on Succinct in May, and if you are interested, you can go back and check out the tweets.
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