I guess ETH is back to its pavilion now, nearly it has pumped upto $50 from last week and slowly rocking, Yes it was really struggling this entire last quarter due to continuous price fluctuations. I hope it will regain its position as king of Alts.
I'm not totally confident it will. ICO's have first caused ETH's mooning, but then collapsing prices of most of the tokens issued on Ethereum has caused a sell-off of ETH as well. Trauma is big and it'll take time for the market to recover confidence.
Today, a lot of users of cryptocurrencies accuse a fraudster in the ico market of companies for falling prices on ethereum. First of all, I would like to note that these are all general trends in the cryptocurrency market, when all coins fall in price. But nevertheless, the percentage of successful ico companies is still quite large and the erc20 platform leads among all.