- ChainLink has emerged as the most actively developed project within the blockchain ecosystem, reflecting its growing influence.
- Behind the development activities are Ethereum, Starknet, and Eigenlayer, each playing a unique role in the blockchain ecosystem.
Santiment, a market intelligence platform known for tracking on-chain and social data with over 3,800 cryptocurrencies, recently shared a list of top Ethereum-based projects ranked by development activities on the official X account.
There are cryptographic top coins that are partially or fully associated with the Ethereum-based ecosystem through development activities. The directional indicators represent the ranking positioning of each project since last month.
➡➡§1) @ChainLink $ link🥇
➡➡️2) @StarkNet $STRK🥈
➡➡§3)…pic.twitter.com/mluitoiolg
– santiment (@santimentfeed) July 7, 2025
ChainLink (Link) is currently leading the pack, highlighting how important it will be within the Ethereum ecosystem. Ethereum (ETH) lays the foundation for building distributed apps (DAPPS) with smart contracts, but these contracts cannot do much without real data.
As a decentralized Oracle network, ChainLink acts as Ethereum’s eyes and ears, safely bringing reliable information from the outside world so that smart contracts can function as intended.
For example, Defi apps built on Ethereum may rely on ChainLink for real-time price feeds such as ETH/USD. A weather-based insurance policy may depend on it for validated rainfall data. Sports betting platforms may require accurate match results delivered directly to the blockchain.
Just behind ChainLink is StarkNet (STRK). This is an Ethereum Layer 2 solution that uses zero knowledge rollups to speed up transaction and reduce costs. StarkNet allows developers to build faster, cheaper daps while pinning security into Ethereum’s combat-tested base layer.
Ethereum ranks among the top projects in active development. As a largely basic smart contract platform for Web3, Ethereum continues to grow.
CNF reports on the May Pectra upgrade, with validators able to wager 2,048 ETHs, a significant increase from the allowed 32 ETHs. It also enables highly efficient smart contracts after migrating to EVM object format (EOF).
Also, Eigenlayer (Eigen) was in the top four. By enabling “redevelopment”, Eigenlayer allows ETH holders to use staked tokens to support other networks and services. This effectively recycles security and liquidity in ways that benefit the entire Ethereum ecosystem.
Ranking Overview
These projects continue to gain traction, but some have experienced a decline in development activity. Once the forefront of the metaverse space, Decentraland (MANA) could drop in rankings and show a change in focus or a decrease in momentum for virtual world development.
Axelar (Axl), known for enabling cross-chain communications, has also experienced DIP, possibly due to changing project priorities or competition with other interoperability solutions. Mobile-first DAPP and messaging platform Status (SNT) follows similar trends, suggesting slower updates or a change in strategic focus.
DEFI, SUSD, Synthetix (SNX) and Liquid Protocol (LQTY) all fell in the rankings. These declines could reflect a decline in development activity in the Stablecoin and Synthetic Asset sectors, or a wider reorganization as new Defi protocols enter the space.
Demand for the Ethereum Network appears to be on the rise. Recent accessibility boosts, like the BBVA’s move to enable Spanish retail customers to purchase, sell and store both Bitcoin and Ethereum directly through the mobile app, have made it easier than ever for everyday users to get involved in crypto.
Ethereum is over 4% in Binance’s reservation. This is the number that has sparked community debate over whether there are signs of sales pressure and quiet buildup by large players. To date, ETH is trading at $2,556, earning a solid 4.02% profit over the past week.
