[//]:content-type-MARKDOWN-DONOT-DELETE Gate will rename Succinct (SP1) to Succinct (PROVE) on August 4, 2025, at 12:00 (UTC). The original ticker SP1 will be changed to PROVE. During this process, pre-market trading for the token will be temporarily suspended. Trading is expected to resume on August 4, 2025, at 12:30 (UTC). This renaming only involves a change to the token ticker and does not include any token swap or blockchain migration. Gate users do not need to take any additional actions. The security of user assets will not be affected. Please be aware of the updated token name and ticker. Gate Team August 4, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Announcement: Pre-Market OTC Token Succinct (SP1) Renamed to Succinct (PROVE)