The top eight cryptocurrencies by market capitalization are:

1. Bitcoin (BTC): The pioneering cryptocurrency, maintaining its position as the largest by market cap.

2. Ethereum (ETH): Known for its smart contract functionality and decentralized applications.

3. Tether (USDT): A stablecoin pegged to the U.S. dollar, widely used for trading and as a store of value.

4. BNB (BNB): The native token of the Binance exchange, used for transaction fees and other utilities within the Binance ecosystem.

5. Solana (SOL): Recognized for its high-speed transactions and scalability, making it a competitor to Ethereum.

6. XRP (XRP): Developed by Ripple Labs, designed for fast and low-cost cross-border payments.

7. USD Coin (USDC): Another stablecoin pegged to the U.S. dollar, known for its transparency and full backing by dollar reserves.

8. Cardano (ADA): A blockchain platform focused on security and sustainability, offering smart contract capabilities.

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