Cryptocurrency
peaq and Pulsar launch Machine Economy Free Zone for the United Arab Emirates

[PRESS RELEASE – Abu Dhabi, UAE, June 11th, 2025]
The far-reaching initiative aims to set the foundations for the Machine Economy in the United Arab Emirates (UAE) and will center on advancing regulation and investment frameworks, deploying robots (Physical AI) and physical infrastructure (DePINs), and driving relevant innovation in the region.
peaq, the Machine Economy computer, and Pulsar Group, a leading Emirati venture studio and consultancy focused on tech and blockchain, unveil the world’s first Machine Economy Free Zone, to be launched in Abu Dhabi and Dubai.
The Machine Economy Free Zone (MEFZ) is a sandbox environment for a human-centric Machine Economy as envisioned by peaq — a society in which humans and machines co-exist, co-create value, and thrive together in the Age of Abundance.
The MEFZ includes multiple facets, focusing on four core pillars:
- Regulation: As part of the MEFZ, peaq is working on the development and testing of a range of regulatory initiatives and sandboxes, such as compliant tokenization and investment into autonomous machines and robots.
- Deployment: peaq is working with Emirati partners to set up physical and virtual sandboxes where founders can experiment with new business models and deploy apps, devices and technologies aimed at powering more advanced smart cities.
- Investment: peaq is connecting top apps (DePINs) on peaq with the most visionary investment bodies and institutional partners in the region, enabling them to scale and deploy at lightning speed.
- Innovation Hub: peaq is establishing a regional innovation hub focused on supporting DePIN (Decentralized Physical Infrastructure) apps in research and development, deployment, and connection with “demand side” organizations.
Among the first initiatives to be tested in the MEFZ is a framework for Machine Tokenization, which aims to lower the barrier to entry for individuals to invest in more expensive robots and machines. A key element in peaq’s “Machine DeFi” vision for a decentralized financial system for robots, vehicles, and machines.
The MEFZ will also include the world’s first pilot of “Universal Basic Ownership (UBO)” – an income stream directly tied to machine-generated profits, with no intermediaries. The goal of the UBO pilot will be to use the MEFZ to test how abundance generated by robots can be directly distributed to individuals and communities affected by job automation. peaq will also make the Emirates the center of its operations, setting up its new headquarters there.
The Machine Economy Free Zone sets the foundation for a Machine Economy in the United Arab Emirates, boosting the nation’s smart city and blockchain innovation through community-powered apps, networks, and machines, and paves the way to wider global adoption of this vision at a nation-state level.
The Machine Economy is on the proverbial doorstep, driven by the rise of AI and robotics, also known as Physical AI. A world where machines create value autonomously with little to no human interference no longer seems like a utopian dream. Without Web3, though, this transformation can worsen the existing economic situation, with innovation and its benefits concentrated in the hands of a few companies. With peaq, these are the early days of a future where communities co-own, earn from, and govern the machinery the world runs on.
These initiatives are the first on a long list that will create the environment for founders to build, deploy, create revenue, network, raise funds, go to market, and scale fast and with full regulatory compliance.
The announcement follows the Machine Economy Days in Abu Dhabi and Dubai, which peaq and Pulsar organized earlier in the year. The successful events saw several apps (DePINs) building on peaq showcase their applications in action and make the case for Web3 as a vital part of smart cities before a distinguished audience of government officials and business decision-makers. The attendee list included His Highness Sheikh Zayed bin Suroor Al Nahyan as well as representatives of the Ministry of Economy, Abu Dhabi Department of Municipalities, Careem, Microsoft, and other top companies and government bodies.
“We’re honored to be part of peaq’s transformative journey. peaq is redefining what’s possible for the future of the Machine Economy. By boldly bridging the physical and digital worlds through a decentralized, scalable, and sustainable Layer-1 blockchain, peaq is laying the foundation for a new era of real-world connectivity and autonomy. This is more than technology—it’s a movement, and we’re proud to help shape what comes next.” – Alyazi Al Khattal, CEO of Pulsar.
“The Machine Economy is no longer a far-fetched dream, it is a reality quickly shaping up before our very eyes,” says Till Wendler, co-founder of peaq. “peaq makes this transformation work for everyone — and the Emirates, as one of the most innovative nations in the world, is the perfect place to pilot this vision, setting a template and example for the rest of the world.”
About peaq
peaq is the computer and operating system powering the global, human-centric Machine Economy. peaq empowers people to own and earn from the devices, robots, vehicles, and infrastructure they use. The peaq network is designed to be the go-to backbone for the Machine Economy, and is already home to more than 60 applications in 20+ industries and to millions of devices and machines that run on them. peaq serves as the permissionless, borderless infrastructure and financial system for increasingly intelligent machines to serve all of humanity as AI-driven job automation increases. An open economy that anyone can opt-in into and share in the Age of Abundance.
For more information, users can visit peaq or follow peaq on Twitter/X for updates.
About Pulsar
Pulsar is a pioneering venture studio and consultancy based in Abu Dhabi, specializing in helping technology disruptors navigate complex regulatory environments, build strategic partnerships, and accelerate market expansion. Pulsar partners with bold tech disruptors and leaders of the digital economy. By leveraging their expertise in developing strategic frameworks and fostering collaboration with regional partners, Pulsar facilitates their partners’ market adoption and growth in the UAE and the region.
For more information, users can visit Pulsar.
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Cryptocurrency
Ethereum Price Analysis: Is ETH Gearing Up for a Surge to $4K?

Ethereum continues to show strong momentum as the price hovers just under a key level, supported by sustained bullish structure and growing market interest. With spot prices holding above major moving averages and an aggressive rally from June lows, all eyes are on whether ETH can break above the $4,107 level.
Technical Analysis
By ShayanMarkets
The Daily Chart
On the daily chart, Ethereum is respecting its bullish structure, having flipped the $3,300 zone from resistance into support. The 100-day and 200-day have also created a bullish crossover, providing additional confirmation of the trend.
Moreover, the RSI, which recently entered overbought territory, has slightly cooled down but remains elevated, suggesting that momentum might be overheated. Yet, the clean sweep and reclaim of prior highs around $3,300 reflect strength and commitment from buyers, and as long as this level holds, the bulls are in control.
This structure is a classic sign of trend continuation, especially when supported by strong volume and momentum indicators. If the price begins to expand again from this consolidation range, the next upside target would likely be the $4,400 region, where Ethereum topped during previous cycles.
Conversely, a break below $3,300 would raise concerns of a deeper retracement, but for now, that scenario seems less likely unless broader market weakness emerges.
The 4-Hour Chart
The 4H chart further supports the bullish case with a clearly defined ascending trendline holding the price. The asset continues to respect the trendline, and each dip has been met with strong buying interest, signaling that bulls are still active and defending the uptrend.
However, some caution is warranted in the short term, mainly due to the overbought conditions on the daily chart. If ETH fails to hold above the $3,700 zone or loses the ascending trendline, a short-term correction toward $3,500 would be a healthy reset. This level also aligns with the daily support block, making it a logical area for buyers to step in again if tested.
On-Chain Analysis
Ethereum Open Interest
On the sentiment side, Ethereum’s open interest across all exchanges has surged to over $27 billion, marking its highest point in years. This indicates a massive influx of leveraged positions and reflects growing speculative appetite in the market. Historically, rising open interest in tandem with rising price signals confidence and trend strength, but it also increases the risk of a long squeeze if the market turns.
What’s notable, however, is that despite the elevated OI, funding rates remain at relatively moderate levels. This suggests that the majority of traders are not excessively over-leveraged, and we are not yet seeing the kind of euphoria typically associated with major tops.
It gives Ethereum more room to push higher without the immediate threat of a sharp deleveraging event. For now, positioning remains optimistic but not overheated, keeping the path open for a potential breakout above $4,100.
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Cryptocurrency charts by TradingView.
Cryptocurrency
Trump’s EU Trade Deal Sparks Crypto Surge: BTC Nears $120K, BNB Breaks ATH

Just a few weeks after announcing new 30% tariffs against the European Union and Mexico, US President Donald Trump sat down with the former’s leader to discuss deal terms.
The meeting between Ursula von der Leyen and Trump in Turnberry, Scotland, appeared to be productive, as both parties said they reached a framework for a trade deal.
According to details shared by CNN, the EU has agreed to purchase $750 billion worth of energy from the US, as well as invest an additional $600 billion.
The initial 30% tariffs on almost all goods, aside from steel and aluminum, which will be set at 50%, were announced two weeks ago and were supposed to be enforced starting on August 1.
Although the EU will invest the aforementioned billions in different US-related initiatives, Trump said he could not lower the tariffs any further than a 15% across-the-board taxation.
Tariff news typically impacts the cryptocurrency market, although the effects have diminished in recent months. Back in April, the entire market tumbled as Trump announced tariffs against essentially all other countries.
Now, though, any new threats or announcements lead to less volatility. Still, a few digital assets began to chart gains after the news of the new deal was released.
BNB is among the top performers in the past few hours, which resulted in a price pump to a new all-time high of over $825 minutes ago. BNB has reclaimed its spot as the fifth-largest cryptocurrency from SOL.
BTC has also risen slightly and now trades above $119,000. ETH is up by over 3% on a daily scale and sits close to $3,850.
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Cryptocurrency
Here’s Why Base Is Crushing Other Ethereum Layer 2s in Revenue

Base, the Coinbase-incubated Ethereum Layer 2 network, has emerged as the most profitable rollup in the ecosystem, as it generated an average of $185,291 in daily revenue over the past six months.
With the latest figure, Base has far outpaced Arbitrum’s $55,025 and the combined $46,742 of 14 other top Layer 2s.
Base Captures Majority of L2 Market Share
In its latest analysis, Galaxy Digital explained that Base’s lead is supported by its EIP-1559-inspired fee model, which enables “dynamic” auction-based priority fee collection rather than strict first-come-first-served (FCFS) ordering.
The sequencer prioritizes transactions based on the highest priority fee per unit of gas and allows users to pay premiums for urgent execution. This enables Base to monetize block space demand efficiently.
Ethereum’s Pectra upgrade, which reduced Layer 1 posting costs via blob-enabled data submission, has further improved Base’s efficiency in monetizing block space while maintaining low transaction fees.
While Arbitrum introduced Timeboost in April 2025 to enable slot-bidding for express execution, it remains a predictive, fixed-rate system that is less reactive than Base’s per-transaction bidding. This makes the former less effective at capturing sudden spikes in user demand.
Over the past six months, priority fees alone have averaged $156,138 per day for Base. The chain accounted for about 86% of its daily revenue. Transactions occupying the top slot of each block contributed 30%-45% of daily revenue year-to-date in 2025, while the top 10 slots have accounted for between 50%-80% of daily revenue over the same period.
Meanwhile, “Flashblocks,” which was implemented on the Layer 2 network on July 16, introduced sub-block confirmations that allow high-priority transactions to land in lower slots while still receiving near-instant execution. This has resulted in a more even distribution of priority fees across block slots without reducing overall fee generation. Such a system in place has helped Base maintain strong revenue capture despite changes in slot allocation.
Base’s Revenue Engine
It is important to note that Base’s dominance in decentralized exchange (DEX) activity has been a major driver of its revenue. The network has consistently captured 50%-65% of Layer 2 DEX volume and holds the highest DEX TVL among Layer 2s, excluding perpetual DEX platforms.
Historically, priority fees tied to DEX swaps contributed 50%-70% of daily fees paid to Base. However, this share has declined to around 34% in recent weeks and reflects increased base fees and growing non-DEX competition for block space across the network. Despite this dip, DEX swaps have been observed to be a primary contributor to Base’s fee generation, especially in time-sensitive trades and maximum extractable value (MEV) strategies.
Data also indicates that a small cohort of users dominates priority fee payments, with 250 addresses accounting for nearly 65% of all priority fees paid over the past year.
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