Without a doubt, ETH needs changes and improvements. Now many people say that it has competitors, but I think that it is difficult for someone to overtake ETH. And I believe that the price will increase.
A lots of ICOs used ethereum to take money and network ethereum so slow to have a transitions i think the ethereum price can hit $1000 when ethereum update.
I agree with what you said.Most ico now use eth to participate.This shows that it is very valuable.But now because all cryptocurrencies are falling, eth is no exception.No one knows when it will reach $1,000.