Peaq (peaq) to Launch 'Machine Economy' in Q1 2025 – Messari Analysis

# Blockchain Platform Peaq ($PEAQ) Demonstrates Early Ecosystem Growth in Q1 2025: Messari Report Messari, a blockchain market analytics firm, has reported that the blockchain platform Peaq ($PEAQ), operating on a Decentralized Physical Infrastructure Network (DePIN), has shown promising early signs of ecosystem growth in Q1 2025. Following its mainnet launch, Peaq's machine-oriented network usage significantly increased, indicating the potential feasibility of a Machine Economy. ## On-Chain Activity and Revenue Increase in Q1 2025 Peaq's on-chain activity in Q1 2025 provided strong numerical evidence of a growing machine-centric ecosystem. The platform saw an average of 22,738 daily active addresses, a remarkable 256.7% increase from the prior quarter. Daily new addresses surged by 624.4%, with human-controlled addresses up by 450.3% and machine addresses rising by 789.4%. Transaction volume followed this trend, with average daily transactions increasing 32.5% quarter-over-quarter to 77,386. The growing user-machine interactions highlight the ecosystem's dynamic nature. Revenue also saw a substantial rise. Peaq’s total protocol revenue reached $44,334 in Q1, a 350.2% increase from the previous quarter. Daily revenue more than doubled, rising from an average of $288.81 at the start of the quarter to $712.29 by the end—a 146.6% increase. Most of this revenue stemmed from microtransactions with a fee of about $0.00025 per transaction. By the end of Q1, 49 DePIN-based projects across 21 industries were part of the Peaq ecosystem, spanning sectors like water quality, air quality, and mobility. New entrants such as AquaSave, BigWater, and WAGOI further enriched the ecosystem. ## Investment Inflows Drive Growth Investment inflows into the Peaq ecosystem further bolstered its growth. Collectively, Peaq ecosystem projects secured over $4 million in external funding during Q1. Noteworthy projects included Teneo, which raised $3 million in a seed round; XMAQUINA, which raised $900,000 through community funding; and Combinder, which secured a $500,000 pre-seed investment. These funds are earmarked for device expansion, SDK development, and infrastructure operation. ## Real-World Adoption and Token Ecosystem Expansion Peaq's Q1 momentum was largely due to the proliferation of real-world devices and the activation of its token-based reward system. The browser-based DePIN initiative Teneo ($TEN) onboarded 1.36 million new devices using bandwidth-sharing mechanisms through social media. Similarly, Silencio ($SLC) added 707,000 new addresses via its noise-measurement mobile app. Other projects, like MapMetrics, Dats, Farmsent, and Combinder, contributed by connecting real-world datasets to the blockchain, enhancing the ecosystem. The Get Real Campaign Beta, launched in February, incentivized user participation across more than 15 DePINs, leveraging rewards, quests, and staking incentives. The activation of Peaq's token economy was also crucial for its growth. Liquidity was expanded in January through listings on exchanges such as Bithumb and Bitpanda. Silencio launched its native token, SLC, to reward users, while Bistroo, a food marketplace, transferred 25% of its Ethereum (ETH)-based BIST tokens to Peaq, showcasing commercial adaptability. ## Roadmap Highlights: Machine DeFi Enhancements and Native Stablecoin Introduction Peaq aims to transition its Machine Economy ecosystem from an expansion phase to a maturity phase by mid-2025. Key focus areas include refining Machine DeFi functionalities, enhancing DePIN onboarding structures, performance improvements, and increasing developer accessibility. In Q2, Peaq plans to unveil its Machine DeFi Suite v1, introduce the world’s first decentralized exchange (DEX) for the Machine Economy, and launch a native DePIN launchpad integrating infrastructure components such as bridges, wallets, and aggregators. The "Get Real Campaign" will also officially launch, unifying the ecosystem’s reward structure. Technical upgrades are on the agenda, aiming for 65,000 transactions per second (TPS) and a block generation time of under 0.4 seconds in its testnet. Developer tools, including SDK updates for JavaScript and Python, will be enhanced, and major exchange listings are targeted for Q2. By Q3, Peaq will release Machine DeFi Suite v2, integrate machine-driven real-world assets (RWAs), launch a native stablecoin, and establish a machine-focused money market. Mainnet upgrades will aim to enhance TPS and latency, upgrade the fee market, and refine developer ecosystems. To conclude Q3, Peaq plans to publish a comprehensive "Purple Paper" detailing the ecosystem’s technology, vision, and roadmap. ## Future Prospects Having showcased its potential for real-world expansion in Q1, Peaq is well-positioned to realize an economy where machines operate as autonomous economic agents. With a solid roadmap and growth momentum, Peaq is setting the stage for a machine-centric blockchain infrastructure that balances technological sophistication with accessibility.