
peaq, a blockchain platform focused on the Machine Economy, reported significant growth in its first full quarter post-mainnet launch in Q1 2025. The network saw a 789.4% increase in average daily new machine addresses, reaching a total of 4 million machines. Additionally, average daily active addresses rose by 256.7%, and average daily transactions increased by 32.5%. The network now has 1.75 billion $PEAQ staked, representing 41.2% of the total issuance. The ecosystem expanded with the addition of 49 Decentralized Physical Infrastructure Networks (DePINs) across 21 sectors, with three new DePINs joining in Q1: AquaSave, BigWater, and WAGOI. These projects utilize peaq's infrastructure for various applications, including water conservation, air purification, and connected mobility. By the end of Q1, the number of DePINs had grown to 52. peaq's financial performance showed a 350.2% quarter-over-quarter increase in protocol revenue, totaling $44,300 for the quarter. The network also facilitated over $4 million in ecosystem fundraising across three projects: XMAQUINA, Teneo, and Combinder, indicating growing investor interest in the Machine Economy. Additionally, the launch of USDT on peaq via Stargate's Hydra integration provided a stable medium of exchange. Silencio launched its token SLC, and Bistroo migrated a portion of its BIST token supply to peaq.







A LOT happened in April https://t.co/Qk1z52KfIo
🌼 May is packed with opportunities to connect with the Inovia team across the tech ecosystem! Here's where you can find us this month: https://t.co/KOj37Li34N https://t.co/zlJNDwDDQa
This April, we kept busy connecting with the Web3 community, with our team attending major industry events around the world. Let’s take a moment to recap the highlights and preview what’s ahead. 🧵👇 https://t.co/VW0SzWrTFY