- Chainlink’s development activity surged as it surpassed $100B in DeFi TVL and secured approval for an RWA pilot with DigiFT and UBS Tokenize.
- ICP leads with direct Bitcoin integration, enabling smart contracts (canisters) to generate BTC addresses, check balances, and execute transactions.
Development activity across some of the top blockchain platforms has been heating up recently! As per blockchain analytics platform Santiment, ICP, Chainlink, and Hedera are leading the charts this time over the past month.
Data from Santiment shows that Internet Computer Protocol (ICP) leads the development activity with a score of 423.1. Oracle’s services provider Chainlink (LINK) ranks second with a score of 317.37, while Hedera ranks third with a score of 246.

Santiment noted that development activity often serves as a forward-looking indicator, typically preceding price recoveries and supporting long-term adoption. Despite ongoing pressure across many DeFi tokens, the consistent flow of GitHub commits underscores continued confidence in project roadmaps. Let’s take a look at the top three protocols currently under consideration.
1. Internet Computer Protocol (ICP)
Internet Computer Protocol (ICP) has been surprisingly topping the chart in terms of development activity over the past month. In the latest development, ICP has achieved direct integration with Bitcoin at the networking level, eliminating the need for centralized intermediaries.
Through this upgrade, ICP smart contracts, known as canisters, can now generate and manage Bitcoin addresses, check balances, and execute transactions. Moreover, these cannisters function as programmable wallets, offering broad use cases and advancing the vision of true decentralization.
2. Chainlink Hits New Milestones
Oracle services provider and blockchain network Chainlink (LINK) has hit a new milestone while making key progress in decentralized finance (DeFi) and real-world assets (RWAs) tokenization.
Chainlink continues to lead Santiment’s Real-World Asset (RWA) rankings, maintaining its dominance in the sector. The project’s latest collaboration with DigiFT and UBS Tokenize has secured approval under Hong Kong’s Cyberport Blockchain and Digital Asset Pilot Subsidy Scheme. Under the initiative, Chainlink’s infrastructure will facilitate transaction flows through its Digital Transfer Agent (DTA) smart contracts.
On the other hand, the Chainlink network has also reached a major milestone as its decentralized finance (DeFi) total value locked (TVL) surpassed $100 billion for the first time.
3. Hedera Comes into the Limelight Amid ETF Development
Hedera has recently been popular through its contributions in real-world asset tokenization and developments surrounding the HBAR exchange-traded fund (ETF). Last week, crypto asset manager Grayscale filed to convert its Hedera trust into a spot HBAR ETF, as reported by CNF.
Hedera’s native crypto HBAR has been in the limelight recently and ranks among the top-20 digital assets by market cap. Over the past year, the HBAR price has increased by a massive 375%, making it one of the top-performing digital assets currently on the market.

