Succinct (PROVE) news: what is happening today
Market summary from our own Hyperliquid data · updated 2026-07-25 04:14 UTC
Succinct trades flat, as our model stays defensive
Succinct has gone nowhere over a month. What follows is what sits behind that move: large-wallet positioning, derivatives, our own model.
What matters on Succinct right now?
Our own rules-based model reads Succinct at 44/100, which is SELL territory. What stands out right now:
- MACD turned bearishMACD turned bearish, with price below the 50-day average.
- An outsized daily move broke the recent volatility rangeThe daily range blew past its recent norm, with price +8.44% on the session.
- Leverage is paying up to stay positionedFunding runs at 75.03% a year — shorts pay longs, with $249 K of open interest.
What does the Succinct data show?
1. MACD turned bearish
MACD flipped bearish: the fast average of price pulled below the slow one, which is the earliest of the trend signals we track and the noisiest. Market structure is still making lower highs and lower lows. The most recent daily candle pattern is hammer. RSI (14) is 45.7.
2. An outsized daily move broke the recent volatility range
The daily range blew past its recent norm — price moved +8.44% on the session. Volatility clusters: an outsized day is more often followed by other outsized days than by calm, which matters for position sizing far more than for direction.
3. Leverage is paying up to stay positioned
Perpetual funding runs at 75.03% annualised, so shorts are paying longs to keep their positions open. Funding is a crowding tax: the more one-sided the book, the more it costs to stay on that side, and the more likely the weakest hands there get squeezed out. Open interest stands at $249 K — that is the size of the leveraged book that has to be closed eventually.
What has already happened to Succinct?
July 2026
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- Succinct moved +8.44% in a day, 3.1× its 30-day volatility30-day standard deviation of daily returns 2.71%+8.44%
June 2026
- PROVE’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- Succinct closed at a 180-day low of $0.1754Previous trough of the 180-day window $0.1850, undercut by 5.17%−5.17%
- Succinct closed at a 180-day low of $0.1850Previous trough of the 180-day window $0.1935, undercut by 4.43%−4.43%
- Succinct closed at a 180-day low of $0.1935Previous trough of the 180-day window $0.2108, undercut by 8.19%−8.19%
Show the earlier history (34 more entries)
May 2026
- Succinct closed at a 90-day high of $0.3267Previous peak of the 90-day window $0.3034, exceeded by 7.69%+7.69%
- Succinct moved +41.11% in a day, 16.7× its 30-day volatility30-day standard deviation of daily returns 2.46%+41.11%
- PROVE traded $7.1 M, 117.0× its 30-day median volume while price moved +41.11%30-day median volume $61 K+41.11%
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
March 2026
- Succinct closed at a 180-day low of $0.2281Previous trough of the 180-day window $0.2428, undercut by 6.06%−6.06%
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- Succinct moved +21.76% in a day, 9.8× its 30-day volatility30-day standard deviation of daily returns 2.23%+21.76%
- PROVE traded $2.9 M, 39.3× its 30-day median volume while price moved +21.76%30-day median volume $74 K+21.76%
- Succinct closed at a 180-day low of $0.2480Previous trough of the 180-day window $0.2606, undercut by 4.84%−4.84%
- Succinct closed at a 180-day low of $0.2645Previous trough of the 180-day window $0.2768, undercut by 4.46%−4.46%
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
February 2026
- PROVE’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- Succinct moved +28.47% in a day, 4.7× its 30-day volatility30-day standard deviation of daily returns 6.07%+28.47%
- Succinct closed at a 180-day low of $0.2780Previous trough of the 180-day window $0.3212, undercut by 13.46%−13.46%
- Succinct closed at a 180-day low of $0.3272Previous trough of the 180-day window $0.3383, undercut by 3.26%−3.26%
January 2026
- Succinct moved −10.48% in a day, 3.4× its 30-day volatility30-day standard deviation of daily returns 3.05%−10.48%
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
December 2025
- Succinct closed at a 90-day low of $0.3482Previous trough of the 90-day window $0.3610, undercut by 3.55%−3.55%
- Succinct closed at a 90-day low of $0.3610Previous trough of the 90-day window $0.3805, undercut by 5.13%−5.13%
- PROVE RSI entered oversold territory at 29.2RSI was 32.5 the day before; the bands are 30 and 70
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- Succinct closed at a 90-day low of $0.3805Previous trough of the 90-day window $0.3923, undercut by 3.01%−3.01%
- Succinct closed at a 90-day low of $0.4003Previous trough of the 90-day window $0.4210, undercut by 4.92%−4.92%
- Succinct closed at a 90-day low of $0.4289Previous trough of the 90-day window $0.4573, undercut by 6.22%−6.22%
November 2025
- PROVE’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- Succinct closed at a 90-day low of $0.4671Previous trough of the 90-day window $0.4931, undercut by 5.27%−5.27%
- Succinct closed at a 90-day low of $0.4958Previous trough of the 90-day window $0.5114, undercut by 3.06%−3.06%
October 2025
- PROVE’s MACD crossed into bearish territoryMACD line against its own signal line on closed daily candles
- PROVE open interest rose 73.19% to $1.8 M while price moved +30.38%: new longs buildingCompared with a point 1 day(s) earlier; rule: price and open interest moving together means new positions+30.38%
- Succinct moved −28.00% in a day, 4.9× its 30-day volatility30-day standard deviation of daily returns 5.68%−28.00%
- PROVE traded $2.7 M, 3.3× its 30-day median volume while price moved −28.00%30-day median volume $803 K−28.00%
- PROVE’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
- PROVE traded $2.4 M, 3.4× its 30-day median volume while price moved +13.68%30-day median volume $712 K+13.68%
September 2025
- PROVE’s MACD crossed into bullish territoryMACD line against its own signal line on closed daily candles
Entries are produced by the Spottrench algorithm from Hyperliquid data.
What is next for Succinct?
Dates we can verify and levels that would change the read on Succinct. No project roadmaps here — only schedules that exist on-chain or in the company calendar, and thresholds measured from our own data.
Unlock schedule from DefiLlama; earnings dates from the company calendar.
The bottom line
Pulling it together, our combined signal reads SELL (44/100, where 50 is neutral). On the last closed day Succinct rose 0.09% against a category median of +0.00%, with 88 of 177 markets in the category closing lower. We do not claim to know why Succinct moved — everything above is measurement, not a cause.
Frequently asked questions
What is the latest news on Succinct?
The most recent development we recorded is: MACD turned bearish (2026-07-18). This page is a dated log computed from market data rather than a press feed — every entry is a measurement with the date it happened.
How often is the Succinct page updated?
Once a day: it is recomputed after the daily candle closes, and the time of the last update is printed at the top of the page. Log entries are dated by the day the event happened, not the day we published it.
Where does the Succinct data on this page come from?
From Hyperliquid directly: daily candles, open interest, funding and the on-chain positions of active large wallets. Nothing here is copied from another site's article, and no language model writes the text — the wording is generated from the numbers by fixed rules.
Is this Succinct page investment advice?
No. It is an algorithmic summary of measured market data from Hyperliquid — price moves, positioning, derivatives and our own model. It is not investment advice and past performance does not guarantee future results.
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