Kaiko Blockchain Ecosystem Ranking Q2 2025 Report
Kaiko’s Blockchain Ecosystem Ranking evaluates 15 major networks through a proprietary framework that blends both quantitative metrics and qualitative assessments. The methodology incorporates data sources such as on-chain activity, developer contributions, DeFi usage, regulatory disclosures, institutional involvement, and measures of network security. The goal is to provide a comprehensive view of blockchain ecosystems for diverse applications—ranging from the creation of financial products to the development of decentralized applications—helping stakeholders make more informed choices.
Within this analysis, Ethereum emerges as the leading blockchain ecosystem, earning the top AA rating. It scored a flawless 100 in Integration and the highest Liquidity Score at 91. Ethereum’s ecosystem continues to distinguish itself with advanced developer infrastructure, deep DeFi penetration, and strong institutional adoption—cementing its role as the benchmark for blockchain networks.
