yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.
But those who have supported Ethereum because of its support to token based erc20. But they are the ones who's destroying Ethereum as well because they keep on dumping it causing the price to lose almost 90% now. As for the news regarding fourth wave of grants, it might push Ethereum price again but its going to be a long walk towards another all-time-high.