Analysis of PEAQ's Surge in Users and its Partnership with Dubai to Drive the DePIN Ecosystem Implementation
Summary of key points
The PEAQ network experienced explosive growth from Q4 2024 to Q1 2025, with daily active addresses surging 256.7% quarter-over-quarter to 22,738. Simultaneously, PEAQ signed a landmark Memorandum of Understanding with the Dubai Virtual Assets Regulatory Authority (VARA) on October 16, 2025, establishing the world's first Machine Economy Free Zone (MEFZ), laying the foundation for the compliant deployment of the DePIN project.
User growth data analysis
Explosive growth in online activity
Since mainnet launch on November 12, 2024, the PEAQ network has demonstrated strong user growth:
| Indicator Type | Q4 2024 | Q1 2025 | growth rate |
|---|---|---|---|
| Daily active addresses | 6,375 | 22,738 | +256.7% |
| Average daily trading volume | 58,424 entries | 77,386 entries | +32.5% |
| Add machine address | 2,654 per day | 23,603 per day | +789.4% |
| Add human address | - | - | +450.3% |
| Total number of active wallets | 258,000 | 3.5 million | +1,256% |
The machine economy ecosystem is booming.
- Machine registrations surge : As of December 2024, over 40,000 machines had been registered.
- DePIN Project Expansion : The number of DePIN projects within the ecosystem has reached 49, covering 21 vertical sectors.
- Staking Participation : 1.75 billion PEAQ tokens are staked, representing 41.2% of the total supply.
User growth was primarily driven by the Get Real Campaign Beta, which incentivized users to participate in tasks across 15 or more DePIN projects. Token issuances from projects like Silencio and Teneo also contributed significantly to the growth.
In-depth analysis of the Dubai VARA cooperation
Cooperation Framework and Regulatory Innovation
Establishment of the Machinery Economy Free Zone (MEFZ) :
- Launch date : June 2025, jointly initiated by PEAQ and the UAE's Pulsar Group.
- Core Function : Serves as a regulatory sandbox for DePIN, Decentralized Physical AI (DePAI), and Machine-Based DeFi projects.
- Regulatory support : VARA provides a case-by-case discussion mechanism to ensure compliance with anti-money laundering, KYC, and investor protection regulations.
Specific cooperation terms :
- Data sharing : PEAQ provides anonymized ecosystem data, and VARA shares regulatory insights.
- Compliance guidance : Providing joint events and presentations for PEAQ projects seeking VARA certification.
- Talent Development : Conduct expert training programs in the intersection of machine economy technology and compliance.
DePIN application scenarios are being implemented.
Several practical application cases are being promoted within the machine economy free zone:
| Project Type | Application scenarios | Technical features | Deployment status |
|---|---|---|---|
| Tokenized Robot Farm | Vertical agricultural automation | 80% automation, 20% increase in output. | Hong Kong pilot program, UAE under expansion |
| Air quality monitoring | Smart City Sensor Networks | Aira Labs Wearable Devices | Dubai pilot program in preparation |
| Geospatial mapping | 3D city modeling | OVR/Alpha AI drone data | Automatic navigation application development |
| Edge Intelligent Network | Traffic/Weather Data Collection | 375ai mobile node | Logistics optimization deployment |
Business and government cooperation
- High-level participation : The Machine Economy Day event (Q2 2025) attracted senior UAE government officials.
- Investment Facilitation : Through the MEFZ event, nine startups secured over $1.08 million in committed investment.
- Regulatory Benchmark : Dubai establishes the world's first regulatory framework for machine RWA, providing areference for other jurisdictions.
Community sentiment and market response
Positive community feedback
The community has expressed strong optimism about PEAQ's user growth and its partnership with Dubai:
- Growth Recognition : The community cites the 256.7% user growth as evidence of genuine traction in the DePIN space.
- Regulatory Breakthrough : The partnership with VARA is seen as a "stamp for machines to enter the economy," lowering the entry barrier for DePIN projects.
- Ecosystem Value : Users share positive experiences of turning idle hardware into income streams through the PEAQ network.
Key opinion leader perspectives
| Analyst | Viewpoint | reason |
|---|---|---|
| @CryptoMichNL | Optimistic about long-term accumulation | Highly aligned with emerging robotics technology trends |
| @TedPillows | Industrial-grade scalability | On-chain activity proves network security and usability |
| @greenfield_cap | Core of Dedicated Chain Development | DePIN focuses on superiority over general blockchains. |
Technical Analysis and Price Performance
Price trend analysis
The PEAQ token experienced a typical "pump-and-dump" cycle after its mainnet launch in November 2024:
| Time Node | Price level | Key Events |
|---|---|---|
| November 2024 | $0.52 | Mainnet launched, exchanges listed |
| January 2025 | $0.15-$0.20 | Early network growth, price stability |
| End of March 2025 | $0.12 | Q1 ended, 77% pullback |
| Current (October 2025) | $0.095 | Technical indicators are turning positive. |
Current technological status
Short-term technical indicators :
- RSI : 1-hour 70.5 (overbought), 4-hour 65.6 (bullish), daily 52.7 (neutral)
- MACD : All timeframes show a bullish trend, with the 1-day moving average recovering from its historical negative value.
- Support/Resistance : Key support at $0.12, resistance at $0.30
Despite the price correction, technical indicators show that short-term momentum is improving, and the rising OBV suggests that a accumulating pattern is forming.
DePIN Industry Development Prospects
Market size and growth potential
The DePIN industry, in which PEAQ operates, demonstrates tremendous growth potential.
- Current Market : The DePIN sector is projected to return 135.4% in 2024, with a market capitalization exceeding $50 billion.
- Future forecasts : The market size is expected to reach $3.5 trillion by 2028.
- Technology-driven : Rapid growth in AI integration, computing and storage networks, and sensor networks.
PEAQ Ecosystem Advantages
- Technical foundation : Based on Substrate's Layer-1 architecture, supporting 10,000 TPS (tested at 67,000).
- Complete ecosystem : 53 DePIN projects, 6 million+ connected devices, total value of $3 billion.
- Compliance Leadership : The world's first regulatory framework for the machine economy, reducing project risks.
Future Development Outlook
Driven by a surge in users and partnerships with Dubai, PEAQ is building a compliant and sustainable machine economy ecosystem. Key development directions include:
- Regulatory Compliance : Providing compliance templates for global DePIN projects through MEFZ
- Technical upgrade : Plans are in place to optimize block time to below 0.4 seconds by the third quarter of 2025.
- Ecosystem Expansion : More DePIN projects are expected to be deployed in the UAE by the end of 2025.
- Market Positioning : As a DePIN infrastructure layer, it is expected to capture a significant share of the $3.5 trillion market.
Through quantified user growth data and a concrete regulatory cooperation framework, PEAQ is transforming the DePIN concept from theory into practical application, laying a solid foundation for the large-scale adoption of the machine economy.