Ethereum has already gained its popularity. It is difficult to move him from second place. I think that more than one year must pass in order for the Waves to dislodge it. All the rest is PR, no more.
Because ETH has a lot of supporters, it has already fall in terms of price but it still stands in the number 2 spot.
Well, I am expecting it will also be in the no. 1 although that seems very impossible right now, but who knows the future.