it's still low compared with actual value consider about with the increase of the circulating supply of ethereum and the demands are getting decrease a lot. Majority of the new platforms have been using ethereum as the parent platform and that's correct. They require gas but it's not so much but remembers those icos will be dumping their ether to the market again to get the money. It's quite safe.
It looks like you just understand how the platform works a little bit.
This helped a lot.
So the gas is ending back up in the market, so the supply is ever increasing. Is there a total amount of ETH that can be created?
So essentially if I have this correct, the way the ETH price goes up is when the tokens on top of the ETH platform are being utilized so heavily that the demand is high, while the supply appears low. However wouldn't that mean that the platform would be getting bogged down with transactions creating a freeze? Which would then drop the demand severely since the platform won't be functioning properly. Thus keeping price low.