Along the x-axis, the progress of the reaction is observed, while along the y-axis, the potential energy of the reactants/products are observed. They keep rising until they attain the required activation energy for breaking of older bonds, and formation of new ones. But what exactly is this activation energy? Is it a form of potential energy (stored within the chemical bonds), or is it a form of kinetic energy (vibrations of the particles)? I don't really understand why, if the activation energy is just potential energy, it results in collisions (without any motion) and thus forms new compounds, given that, we all know, potential energy is the energy of a body at rest.
If it is not so, then what is the role of chemical potential energy into all of this, at all?
I am still a student, stuck within concepts, so please, keep the answer as brief as possible...