Kraken has ascended to the second spot in Kaiko's Q2 2025 Global Exchange Rankings, driven by its strong market quality, regulatory compliance, liquidity, and transparency. This achievement coincides with a surge in altcoin interest as Bitcoin nears $120,000 and Ethereum rises over 17% this week, approaching $3,000. The exchange has recently added tokens such as $HBAR, $TANSSI, and $EPT, reflecting trends in AI, Layer 2 solutions, and real-world asset integration. Kraken's platform enhancements, including tokenized equities through xStocks, offer users diverse trading options and instant token purchases with multiple payment methods, further solidifying its market position.