Each project is staking out a lane.

$BTC => Digital Money

$ETH => World Computer

$BNB => Exchange Ecosystem

$XRP => Global Payments

$SOL => High Performance Blockchain

$HYPE => 24/7 Onchain Trading

$DOGE => Internet Money

$LINK => Tokenization & Oracles

$ADA => Research Driven Blockchain

$XLM => Cross Border Payments

$BCH => Peer to Peer Cash

$NEAR => Chain Abstraction

$UNI => Decentralized Exchange

$LTC => Digital Silver

$AVAX=> Mass Customization

$CRO => Exchange Utility

$MNT => Modular Ethereum Scaling

$DOT => Multi Chain Network

$ICP => Onchain Cloud

$ETC => Original Ethereum

$POL => Polygon Ecosystem

$ATOM => Interchain Connectivity

$APT=> Move Powered Scalability

Buyers pay for projects with a role they cant ignore. Everything else competes on hype.