The Ethereum project has not been very good recently. The demand for smart contracts has been sharply reduced and prices are very unstable.
Many people just forget that ethereum is not money. It's a fuel. Fuel for smart contracts. If there is no demand for smart contracts this fuel is worthless. Moreover, there is much cheaper fuel for smart contracts if you ever need fuel for your smart contract - ethereum classic!
Ethereum is the most popular fuel for smart contracts, and
it is used to raise funds during ico. Also eth is very strong project with great support from community.
The problem is that a lot of ICOs are created by scammers and many are shitty projects, which means that people are going to move away from ICOs and there will be few ICOs and ETH will be forced to share the cake with other projects and governments will be strict
about ICOs.