$BTC $ETH $XRP

As of May 22, 2025, the total market capitalization of cryptocurrencies (excluding Bitcoin and Ethereum) is estimated at approximately $962.78 billion. This figure is known in the markets as the "TOTAL3" index, which is used to measure the performance of alternative coins without the influence of the main currencies.

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Market Overview:

Total market capitalization of cryptocurrencies: approximately $3.28 trillion.

Bitcoin's share: approximately $2.05 trillion (about 62.44% of the market).

Ethereum's share: approximately $281.88 billion.

CoinCodex

Thus, alternative coins (Altcoins) make up nearly 29% of the total market, demonstrating a significant diversity in digital assets outside of the main currencies.

Prominent alternative coins:

BNB (Binance Coin): $97.15 billion.

XRP: $138.36 billion.

Solana (SOL): $88.37 billion.

USD Coin (USDC): $60.69 billion.

Dogecoin (DOGE): $31.13 billion.

Cardano (ADA): $27.56 billion.

TRON (TRX): $24.97 billion.

CoinCodex

Additional notes:

Stablecoins such as USDT and USDC constitute a large part of the market, primarily used to facilitate trades and reduce volatility.

The TOTAL3 index is used to track the performance of alternative coins without the influence of Bitcoin and Ethereum, helping investors to assess the market more accurately.