For those who are complaining that altcoins is not surging well you guys overlook the fact that ETH should be on your watch
ETH owns erc20 all almost all altcoins still runs on erc20 ,what you don't remember is last bullrun when ETH hits 1000$plus that's when all altcoins surge is price , ETH is at 260$ now so don't expect any surge soon and pray that ETH returns to its glory day value and we will all smile.
My perspective on this price surge issue is that if a coin will go up in price, the coin itself must make some progress on its own even when the FOMO period is not at hand. Although during bullrun, some shit coins also surge in price in a very drastic manner. Therefore I don't really see Ethereum as the key to the price surge of the coins on ethereum network but the price surge will be on the development and progress of the coin itself.