Ethereum has a future if they can keep with the times and focus on innovation, why was ethereum going for 1400 at the peak times instead of 8 bucks like it started the year? Because, it was capable of creating a reason of purchasing, you bought eth to buy crypto kittens, you bought eth to fund ICO's which was billions of dollars in funding, you bought eth to build on blockchain app for it.
Basically, there was a lot of reasons to buy etheruem, right now there looks to be none, if ethereum team can create a reason once again so will the people follow and buy ethereum however if they fail to innovate and create new stuff than eventually they will be out of business and ethereum will go low while some other coin go up. I am not saying it will be zero but look at litecoin, at one time litecoin was the second biggest coin, silver to bitcoins gold, now its out of fashion, same could happen to ethereum.
exactly...
as much as i would like ethereum to rise again.
the competition doesnt sleep.
it could very well be another crypto that gets some major attention.
especially if these other platforms are quicker and have more to offer.
but if you talk about ATHs then you always have to consider the whole crypto market cap.
currently its $260,347,609,542
back in jan 2018 it was almost $800,000,000,000
as long as we wont reach this number again, no coin will explode.