PEAQ fluctuates 52.9% in 24 hours: Driven by Polkadot 2026 upgrade expectations and surge in trading volume
Bitget Pulse2026/03/17 22:03Volatility Brief
In the past 24 hours, PEAQ price rebounded from a low of $0.0138 to a high of $0.0211 and is currently at $0.0171, with a price swing of 52.9% and intraday volatility reaching up to 64.8%. Trading volume increased significantly, hitting $12.32 million according to CoinGecko data. Bitget platform spot trading volume surged by 117% compared to the previous period, with total 24-hour volume across all platforms reaching as high as $18.67 million, a day-over-day increase of 1006.70%.
Brief Analysis of Abnormal Movement Reasons
• Polkadot’s March tokenomics reset (capped supply of 2.1 billion DOT, emission rate lowered by 53.6%) led to an 11% DOT price increase and a 300% surge in trading volume, directly spurring a rebound in DePIN ecosystem parachains such as PEAQ.
• Market expectations around Polkadot’s 2026 JAM (Join-Accumulate Machine) upgrade, which aims to transform the platform into a generic decentralized computing system enhancing scalability and cross-chain interoperability (Agile Coretime, XCM v4), benefit the application rollout of DePIN projects like PEAQ.
Market Views & Outlook
Overall market sentiment remains cautiously optimistic. Technical analysis on X platform indicates a short-term bearish pattern on the 1H chart but with rebound potential near support at approximately $0.0128. The community is closely watching the real-world impact of Polkadot’s upgrades; analysts highlight the risks of high volatility, advise caution regarding sell pressure above $0.021, while remaining optimistic about DePIN’s long-term prospects.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for information reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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