# Kaiko Ranks Ethereum #1 Blockchain

*Ethereum ranks #1 across governance, integrations, liquidity, operational efficiency, and security.*

By [ETH Daily](https://ethdaily.io) · 2025-08-26

news, 2025, august2025

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Quick Take
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*   Ethereum ranks #1 on Kaiko’s rankings.
    
*   The productive treasury report.
    
*   Chainlink partners with SBI Group.
    
*   BitMine buys an additional 190k ETH.
    

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Kaiko Ranks Ethereum #1 Blockchain
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Listen to this episode from ETH Daily - Ethereum News on Spotify. Ethereum ranks #1 on Kaiko's blockchain rankings. The Liquid Collective releases the productive treasury report. Chainlink partners with SBI Group. And BitMine buys an additional 190k ETH. Read more: https://ethdaily.io/769 Disclaimer: Content is for informational purposes only, not endorsement or investment advice.

https://spotify.com

![](https://storage.googleapis.com/papyrus_images/462f2d52384b5b58583a395257e0b2e3.jpg)

](https://open.spotify.com/episode/3VIc0tLdQEND9gKgCnB6NZ)

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Ethereum Leads Kaiko Q2 Rankings
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Kaiko [released](https://marketing.kaiko.com/hubfs/Marketing%20Reports/Kaiko%20Blockchain%20Ecosystem%20Ranking%20Report%20-%20Q2%202025.pdf) its Blockchain Ecosystem Ranking report for Q2 2025, ranking Ethereum as the top blockchain ecosystem. Ethereum excelled across governance, integrations, liquidity, operational efficiency, and security, supported by $7B in RWA TVL, broad DeFi integration, and strong institutional adoption. The price of ETH has outperformed BTC since early July. The report also ranked Arbitrum in second place, highlighting its outstanding operational efficiency and robust integrations.

The Productive Treasury Report
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EigenLayer and the Liquid Collective [released](https://liquidcollective.io/corporate-treasury-staking/) “The Productive Treasury”, a guide for digital asset treasury companies to strategically make their reserves productive. The report notes that traditional treasury allocations such as cash and money market funds are struggling to preserve purchasing power amid persistent inflation. The report reinforces ETH staking as the Internet Bond, a protocol-native, sustainable yield independent of traditional credit markets. Liquid Staking Tokens provide treasuries with institutional-grade access to staking, offering liquidity, compliance, and reduced risk. The report positions ETH as a future-ready reserve asset.

Chainlink Partners With SBI Group
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Chainlink [partnered](https://www.prnewswire.com/news-releases/sbi-group-and-chainlink-announce-strategic-partnership-to-accelerate-institutional-digital-asset-adoption-in-key-global-markets-302537166.html) with SBI Group, one of Japan’s largest financial conglomerates with over $200 billion in assets, to accelerate the adoption of tokenized digital assets. SBI will leverage Chainlink’s CCIP for cross-chain tokenized Real-World Assets (RWAs), SmartData to improve liquidity and efficiency for tokenized funds, and Proof of Reserve to ensure transparency for regulated stablecoins. According to an SBI Digital Asset Holdings survey, 76% of financial institutions plan to invest in tokenized securities.

BitMine Holds 1.7 Million ETH
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BitMine Immersion Technologies Inc. [purchased](https://www.prnewswire.com/news-releases/bitmine-immersion-bmnr-reigns-as-the-1-eth-treasury-in-the-world-2nd-largest-crypto-treasury-globally-and-the-20th-most-liquid-us-stock-trading-2-8-billion-per-day-on-average-302537388.html) an additional 190,500 ETH, bringing its treasury to 1.71 million ETH worth over $7.5 billion. With its ambitious goal of owning 5% of the ETH supply, BitMine is on track to overtake MicroStrategy as the world’s largest digital asset treasury company. BMNR stock is also among the top 20 most liquid U.S. stocks, averaging $2.8 billion in daily trading volume.

Other News
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*   Privacy on [Ethereum #8](https://paragraph.com/@privacyonethereum/8)
    
*   Giveth [announces](https://x.com/Giveth/status/1960002401387037054) Causes QF round
    
*   ETH Strategy [partners](https://x.com/eth_strategy/status/1959980521649279079) with Renzo
    
*   EFP [bug bounty](https://x.com/BrantlyMillegan/status/1960080819663606120)
    
*   Ronin rev share [program](https://blog.roninchain.com/p/builder-revenue-share-program)
    
*   Fidelity [report](https://x.com/CryptoGucci/status/1960048538747904388) on Ethereum
    
*   ETHZilla [buys](https://x.com/ETHZilla_ETHZ/status/1959958445269934529) 7.6k ETH
    
*   BasisOS [integrates](https://x.com/chainlink/status/1960009347523543415) Chainlink
    
*   ECH [interview](https://x.com/poojaranjan19/status/1960000925487043049) with Privacy Pools
    
*   EigenLabs [seeks](https://x.com/eigen_labs/status/1960065355105382784) Senior Engineer
    
*   Ondo [tokenized](https://x.com/OndoFinance/status/1959034309391577229) stocks on 3rd Sept.
    
*   Uniswap [hits](https://x.com/Uniswap/status/1959250084123619493) 200k Uni.eth names
    

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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.

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*Originally published on [ETH Daily](https://ethdaily.io/769)*
