On-chain analysis indicates significant accumulation of Toncoin (TON), Arbitrum (ARB), Sui (SUI), Near Protocol (NEAR), Injective (INJ), and Aptos (APT) by whale investors. This trend suggests early speculation driven by growth in developer activity and ecosystem expansion, which are key drivers of long-term value for layer-1 and layer-2 networks. Institutional investors are increasingly focusing on scalability and use cases rather than short-term price movements. TON and Arbitrum are experiencing expanding network activity, with TON's integration into messaging platforms boosting transaction volumes and wallet growth. Arbitrum continues to attract developers, supporting decentralized finance platforms with regular liquidity. Meanwhile, SUI and NEAR are gaining traction through increased developer activity and infrastructure development, enhancing their appeal. INJ and APT are reflecting rising institutional interest, with Injective's focus on decentralized derivatives and Aptos' emphasis on performance and security attracting partnerships and steady accumulation.