I think that ethereum is in second place. This cryptocurrency is still popular and everyone continues to follow the course regularly. Also, many projects pay in ETH currency. So it's worth waiting for growth
We need to see the ICO grow as well, it's one of the factor that will help the growth of ETH, with its demand in the ICO market, the value will rise.
For now, ICO is really not looking good, a lot of project but only few are legit, that affects it's reputation and resulted negatively to ETH.
ICO can not grow against the background of such a weak market, everything in the crypto currency is very closely connected, or the entire sphere is experiencing a rapid growth or a drop in activity, prices and stagnation