Investor interest in robotics-focused tokens has picked up in September, with analysts increasingly weighing in. Leading the surge, PEAQ, a standout altcoin in the sector, has jumped nearly 90% since the start of the month.
Although PEAQ’s market capitalization and trading volume remain small compared to major cryptocurrencies, the strong rally signals rising interest in robotics and related technologies.
What Drives PEAQ’s Price in September?
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PEAQ is a layer-1 blockchain designed specifically to support the Machine Economy, where decentralized physical infrastructure networks (DePIN) and robots play a central role.
By Q3, the project reported 2.1 million users and nearly 3 million machines in its ecosystem. Growth charts for humans and machines reveal rapid adoption since the beginning of the year.
Initially, the project gained recognition as a contender in the DePIN and RWA sectors. However, due to its unique application focus, CoinMarketCap and CoinGecko placed it in a new category called “robotics,” alongside a handful of similar projects.
A recent BeInCrypto report highlighted robotics tokens as one of three narratives with potential to shine during the accelerating altcoin season.
“PEAQ is leading the trend in Robotics and DePIN. DePIN brings devices and machines online, offering goods and services, building the supply side of the Machine Economy. Robots are becoming the main physical actors, tapping into goods and services powered by DePINs. peaq is the infrastructure DePINs and Robots run on. peaq is the backbone of the Machine Economy,” Leo, one of the project’s builders, said on X.
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Positive news has fueled this expansion. For example, Peaq partnered with Pulsar Group to launch a sandbox in Dubai, testing the integration of robots and AI into the decentralized economy.
Rising Trading Volume And Binance Listing Hopes
Alongside ecosystem growth, market data shows investors’ increasing interest in this layer-1 altcoin. BeInCrypto data indicates PEAQ has hit a 90-day high at $0.11. Since early September, its price has surged about 90%.
Technical analysts argue that surpassing the $0.1 level created the conditions for a potential return to its all-time high above $0.7. Trading volume also spiked. Daily activity jumped from under $10 million in August to over $40 million, according to CoinMarketCap.
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Two months ago, PEAQ appeared on Binance Alpha listings. This fueled speculation that a full Binance listing may follow soon.
However, PEAQ still ranks as a low-cap altcoin, with a market cap under $150 million. Only 15.5% of its 4.2 billion token supply is circulating.
Unlock schedules reveal that more than 3 million PEAQ enter the market daily. Strong, sustained demand must remain to absorb this supply and support further price growth.
Experts predict the robotics token market cap could reach $10 billion
PEAQ’s breakout has not only energized its own market but also drawn attention to other robotics tokens.
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Over the past week, multiple robotics projects posted strong gains. CoinGecko data shows most tokens in this sector delivered positive performance, rising between 70% and 300%. Despite this, the entire sector’s market cap remains under $400 million.
Industry experts expect continued expansion.
“The entire market cap is still only $344 million. I expect this trend to continue, at least as long as we are below $10B,” Simon Dedic, founder of Moonrock Capital, predicted.
VaderResearch added that robotics is projected to become one of the fastest-growing industries in the next five years. As a result, related crypto projects are likely to attract long-term attention.
Echoing this view, well-known analyst s4mmy forecasts exponential growth for projects combining Robotics and Physical AI.
Source: https://beincrypto.com/peaq-price-rally-drives-robotics-tokens/