1. the launch of new trading pairs, like peaq/usdt on various exchanges, increased visibility and trading activity.
2. the bitget launchpool with a total prize pool of 12,125,000 peaq attracted significant investments, with over 49 million usdt staked just hours after launch.
3. collaborations with major entities like lufthansa and deutsche telekom helped improve credibility and boosted adoption of the peaq network, connecting over 1,250,000 devices.
4. major investments in depin sector projects, including a $100m depin fund, supported peaq's price growth. depin market projected to reach $3.5 trillion by 2028.
5. high yields in the launchpool (535% apr) and airdrop activities generated substantial interest and participation, driving price up after launch.
6. rapid developments after the token launch, including staking and trading features, attracted more participants and increased trading volume.
7. peaq's focus on bridging the gap between blockchain technology and real-world applications catered to growing demand for decentralized infrastructure and integration with machine real-world assets (rwas).
8. overall, the combination of strategic partnerships, high staking yields, and increasing applications and usage of the peaq network led to a robust surge in peaq's price after its launch.