Coinfairvalue tries something like that, but has some pretty strange valuations ...
That site lost my interest instantly the moment I saw BCash's "fair" value is $900 instead of the current $500.
I don't think the page creator is a BCash fan. I guess he's still struggling with the algorithm. In an earlier version, for example, Bitcoin had a much higher valuation and BCash a lower one, but Stellar (if I remember right) had an almost as high "fair market cap" as Bitcoin

.
I still haven't totally grasped part of his mechanism, in particular the "basket" concept. I will look into it deeper when I've time.
It's way more useful to put coins aiming to operate within the same industry each in their own dominance list, which would significantly change things, but since this is a mere noob metric we probably don't need to take it that seriously.
Agree. I would begin strictly separating "coins" and "tokens", as they have often a totally different usage scenario. And I would like if these sites again allowed to filter pre-mined currencies, like CMC did some years ago.
But would there be no effect on Bitcoin's re-growing dominance if there was enough altcoin "straight to fiat" liquidity? Because most of the altcoins do not have fiat markets, only Bitcoin markets.
I guess the "dominance-boosting" effect would be even stronger - altcoiners (or better: "shitcoiners", as not all altcoins are shit) would directly cash out to fiat and the altcoin price would go even faster near zero, without touching Bitcoin (Bitcoin also can be driven down by altcoin sellers cashing out via Bitcoin).
How many more banks use Ripple?
Don't know. On their website they list four "testimonials", some of bigger banks like Santander (the German bank I mentioned isn't among them).