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I have summarized the roles of each coin.
1. Bitcoin
Digital Gold / Store of Value
Used like money without a central authority
Limited supply (21 million)
Serves as an inflation-protective asset
(A coin for value storage, akin to gold)
2. Ethereum
Smart Contract Platform
Capable of executing coins + programs
Enabling NFT, DeFi, and app development
(An app store on the blockchain)
3. Ripple
Specialized in remittances (Banking network)
Fast international remittances with low fees
Purpose of an interbank payment system
(A coin for overseas remittances)
4. Solana
Ultra-fast blockchain
Fast transaction speeds (faster than Ethereum)
Very low fees
(A fast and cheap competitor to Ethereum)
5. Altcoins
Payment type → Litecoin, etc.
Gaming type → Game items/NFTs
DeFi → Loans, interest, financial services
Memecoins → Doge, Shiva (Community Center)
(Experimental/service coins with different functions)