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peaq network price

peaq network pricePEAQ

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peaq network (PEAQ) has been listed in the Innovation and DePIN Zone, you can quickly sell or buy PEAQ. Spot Trading Link: PEAQ/USDT.

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Note: This information is for reference only.

Price of peaq network today

The live price of peaq network is $0.4293 per (PEAQ / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. PEAQ to USD price is updated in real time. peaq network is 0.61% in the last 24 hours. It has a circulating supply of -- .

What is the highest price of PEAQ?

PEAQ has an all-time high (ATH) of $0.6200, recorded on .

What is the lowest price of PEAQ?

PEAQ has an all-time low (ATL) of $0.003000, recorded on .
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peaq network price prediction

What will the price of PEAQ be in 2025?

Based on PEAQ's historical price performance prediction model, the price of PEAQ is projected to reach $0.00 in 2025.

What will the price of PEAQ be in 2030?

In 2030, the PEAQ price is expected to change by +36.00%. By the end of 2030, the PEAQ price is projected to reach $0.00, with a cumulative ROI of -100.00%.

peaq network price history (USD)

The price of peaq network is +14110.00% over the last year. The highest price of PEAQ in USD in the last year was $0.6200 and the lowest price of PEAQ in USD in the last year was $0.003000.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.61%$0.4237$0.4294
7d-9.26%$0.3746$0.4949
30d+13.74%$0.3500$0.4949
90d+14110.00%$0.003000$0.6200
1y+14110.00%$0.003000$0.6200
All-time+14110.00%$0.003000(--, Today )$0.6200(--, Today )

peaq network market information

Market cap
--
+0.61%
Fully diluted market cap
--
+0.61%
Volume (24h)
--
--
Market rankings
Circulation rate
0.00%
24h volume / market cap
0.00%
Circulating supply
-- PEAQ
Total supply / Max supply
-- PEAQ
-- PEAQ
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peaq network ratings

Average ratings from the community
4.5
105 ratings
This content is for informational purposes only.

About peaq network (PEAQ)

What Is Peaq Network?

Peaq Network is a Layer 1 blockchain specifically developed to support decentralized applications (dApps) and Decentralized Physical Infrastructure Networks (DePINs), with a focus on the Economy of Things (EoT). Built using the Substrate framework, Peaq Network integrates with the Polkadot ecosystem, providing a secure and scalable foundation. The platform is designed to enable devices, machines, and physical assets to operate and communicate within decentralized networks, supporting applications in real-world sectors like the Internet of Things (IoT) and machine-to-machine (M2M) interactions.

Peaq Network is built to process transactions at high speeds, initially supporting 10,000 transactions per second (TPS) and potentially scaling to 500,000 TPS. Transaction costs are designed to remain low, with Peaq’s energy-efficient infrastructure relying on Polkadot’s decentralized security framework. These features position Peaq for use cases requiring both high transaction throughput and real-time data, such as autonomous vehicles and connected devices.

How Peaq Network Works

Peaq Network operates through various modular components that facilitate decentralized interactions and transactions between machines and devices:

  1. Modular DePIN Functions: Peaq offers a range of pre-configured functions that developers can use to build DePIN applications. These functions include peaqIDs (unique machine identities), role-based access control, data verification, and machine payment processing. The modular approach allows developers to create applications for sectors like logistics, autonomous services, and IoT-enabled devices.

  2. Smart Contract Compatibility: Peaq supports Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contracts, enabling developers to build with Solidity or Rust. This compatibility allows Peaq to interact with other blockchain networks, including Ethereum, Cosmos, Solana, and Binance, enhancing its interoperability.

  3. Data Verification: Peaq implements a multi-tier data verification process to authenticate information originating from devices or sensors. This includes three tiers of verification, ranging from direct device-originated data to oracle-backed validation, ensuring data integrity and security within applications.

  4. AI Integration: Peaq integrates with Fetch.ai, allowing the deployment of autonomous AI agents, known as Microagents, to automate and optimize processes. This is particularly useful in scenarios like autonomous parking or logistics management, where connected devices require coordination.

  5. Environmental Efficiency: Unlike traditional proof-of-work blockchains, Peaq Network minimizes energy usage by relying on validators rather than miners. This validator-based design leverages Polkadot’s Layer 0 framework, allowing Peaq to maintain low energy consumption while achieving scalability and decentralization.

What Is the PEAQ Token Used For?

The PEAQ token is the native cryptocurrency of Peaq Network and has several core functions within the ecosystem. With an initial supply of 4.2 billion tokens, PEAQ operates under an inflation model that decreases annually, incentivizing early adopters and contributors. Key uses of the PEAQ token include:

  1. Transaction Fees: Like many blockchain platforms, Peaq Network requires PEAQ tokens to pay transaction fees. This fee structure ensures that each interaction on the network is processed and helps support network security.

  2. Staking and Rewards: PEAQ tokens can be staked within Peaq’s validator and delegator framework. Validators secure the network and propose new blocks, while delegators stake their tokens in support of chosen validators. Both validators and delegators receive staking rewards in PEAQ tokens, encouraging active participation in network security.

  3. On-Chain Governance: PEAQ token holders participate in governance decisions, including protocol upgrades and resource allocation. Through this model, Peaq Network incorporates community input into the development and future direction of the platform.

  4. Treasury and Subsidies: Peaq allocates PEAQ tokens to treasury pools that fund ecosystem development, machine onboarding, and network security. The token allocation supports ongoing network improvements and incentivizes the integration of new devices and services.

  5. Support for DePIN and EoT Applications: The PEAQ token facilitates Peaq’s mission in the decentralized Economy of Things, where devices and networks engage in automated transactions. PEAQ tokens serve as a medium of exchange in applications like autonomous car-sharing, IoT-based logistics, and other M2M transactions.

Conclusion

Peaq Network is a Layer 1 blockchain with a focus on supporting decentralized infrastructure and applications for machine and device interactions. By combining high scalability, EVM compatibility, and a suite of modular tools, Peaq Network aims to provide a blockchain solution for sectors that require high transaction speeds and secure data handling. With PEAQ tokens facilitating transaction fees, staking, governance, and ecosystem incentives, Peaq Network provides a platform designed for decentralized physical networks and the evolving Economy of Things.

How to buy peaq network(PEAQ)

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Buy peaq network (PEAQ)

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Use a variety of payment options to buy peaq network on Bitget. We'll show you how.

Trade PEAQ perpetual futures

After having successfully signed up on Bitget and purchased USDT or PEAQ tokens, you can start trading derivatives, including PEAQ futures and margin trading to increase your income.

The current price of PEAQ is $0.4293, with a 24h price change of +0.61%. Traders can profit by either going long or short onPEAQ futures.

PEAQ futures trading guide

Join PEAQ copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or PEAQ tokens, you can also start copy trading by following elite traders.

peaq network news

What’s New in DePin? OpenLedger and io.net AI Research, Harvard Teaches Helium, Peaq Ecosystem Report
What’s New in DePin? OpenLedger and io.net AI Research, Harvard Teaches Helium, Peaq Ecosystem Report

DePin networks are making strides with OpenLedger researching AI, Harvard Business School offering a Helium case, and Peaq expanding its ecosystem after a strong November.

BeInCrypto2024-12-02 22:00
Win your PEAQ and DOGE airdrops! Share a $10,000 prize pool!
Win your PEAQ and DOGE airdrops! Share a $10,000 prize pool!

We’re excited to launch a limited-time promotion with Waqar Zaka, where you can earn rewards just by completing simple tasks! Whether you're making your first deposit or trading, there’s a chance to win PEAQ and DOGE. Act fast—prizes are limited and will be given out on a first-come, first-served b

Bitget Announcement2024-11-20 09:41
New spot margin trading pair — PEAQ/USDT!
New spot margin trading pair — PEAQ/USDT!

We are thrilled to announce that Bitget has launched isolated spot margin trading for PEAQ/USDT. New listing perk: To celebrate the listing of new coins, Bitget will distribute spot leverage cut-rate coupons or trading bonuses to users' accounts at random. These coupons can be used to leverage at l

Bitget Announcement2024-11-20 03:20
More peaq network updates

FAQ

What is the current price of peaq network?

The live price of peaq network is $0.43 per (PEAQ/USD) with a current market cap of -- USD. peaq network's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. peaq network's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of peaq network?

Over the last 24 hours, the trading volume of peaq network is --.

What is the all-time high of peaq network?

The all-time high of peaq network is $0.6200. This all-time high is highest price for peaq network since it was launched.

Can I buy peaq network on Bitget?

Yes, peaq network is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy peaq network guide.

Can I get a steady income from investing in peaq network?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy peaq network with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy peaq network (PEAQ)?

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PEAQ
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1 PEAQ = 0.4293 USD
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