Investor interest in robot-focused tokens was featured in September, making analysts increasingly heavy. Peaq, which leads Surge, the sector’s outstanding altcoin, has jumped nearly 90% since the beginning of the month.
PEAQ’s market capitalization and trading volume remain small compared to major cryptocurrencies, but the powerful rally shows a growing interest in robotics and related technologies.
What drives PEAQ prices in September?
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PEAQ is a Layer-1 blockchain specifically designed to support the machine economy, with decentralized physical infrastructure networks (depin) and robots playing a central role.
By the third quarter, the project reported 2.1 million users and nearly 3 million machines to its ecosystem. The Human and Machine Growth Chart reveals rapid adoption since the beginning of the year.
Initially, the project was recognized as a candidate for the Depin and RWA sectors. However, CoinMarketCap and Coingecko have placed it in a new category called “Robotics” due to their own application focus, alongside several similar projects.
A recent Beincrypto report highlighted the robotics token as one of three stories that could shine during the acceleration of the Altcoin season.
“PEAQ leads the trends in robotics and depin. Depin offers devices and machines online, offering goods and services, building the supply side of the machine economy. Robots become the main physical actors and leverage the goods and services that drive depin. Peaq is running with infrastructure depin and robots.
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Positive news has fueled this expansion. For example, PEAQ partnered with the Pulsar Group to launch a sandbox in Dubai, testing the integration of robots and AI into a decentralized economy.
The rising trading volume and the hope of a Binance list
In addition to ecosystem growth, market data shows an increasing interest in investors in this Layer-1 altcoin. Beincrypto data shows PEAQ reached a 90-day high at $0.11. Since early September, its prices have skyrocketed by around 90%.
Technical analysts claim that they created a potential condition for a record-highest return above $0.7 when above the $0.1 level. The trading volume also increased sharply. Daily activities jumped beyond $40 million from under $10 million in August, according to Coinmarketcap.
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Two months ago, Peaq appeared on the Binance Alpha list. This encouraged speculation that a complete Binance list could soon follow.
However, Peaq still ranks as a slower Altcoin, with a market capitalization of less than $150 million. Only 15.5% of the 4.2 billion token supply is in circulation.
Unlocking the schedule revealed that over 3 million PEAQs will enter the market every day. Strong and sustainable demand must remain to absorb this supply and support further price growth.
Experts predict that the market capitalization of a robotics token could reach $10 billion
Peaq’s breakout not only energized its own market, but also attracted attention for other robot tokens.
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Over the past week, multiple robotic projects have made great profits. Coingecko’s data shows that most tokens in this sector provided positive performance, rising between 70% and 300%. Nevertheless, the overall market capitalization of the sector remains below $400 million.
Industry experts look forward to continuing expansion.
“Overall market capitalization is still just $344 million. We expect this trend to continue as long as it’s at least below $1 billion,” predicted Simon Dedic, founder of MoonRock Capital.
Vaderresearch added that robotics is projected to be one of the fastest growing industries in the next five years. As a result, related cryptographic projects could attract long-term attention.
Reflecting this view, renowned analyst S4MMY predicts exponential growth for projects that combine robotics and physics AI.
