Wormhole Labs’ Sunrise gateway has listed the PEAQ token on Solana with canonical status, coinciding with the launch of peaq’s Economics 2.0 on September 7, 2026. Approximately 3.3 million machines are now set to bond PEAQ tokens to activate on the network, tying token demand to real-world device activity rather than trader sentiment. Under this new model, operators lock up PEAQ tokens as collateral for each machine, with activations priced in USD but settled in the native token, and half of bonded tokens are permanently burned when a machine exits the network. The peaq network already spans more than 60 DePIN projects covering connected devices ranging from energy meters to mobility hardware, with a target of 1 million machine activations in the first week alone.
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