Ethereum has remain very strong as the second token on most websites and blogs with list of active cryptocurrencies on the exchanges. it stands the second token behind bitcoin and the top most altcoin with the second highest market cap. recently, transaction prices keep increasing and most developers are leaving the ethereum platform,
does this means that Ethereum Network is Over used and require more development to substain transactions on the platform OR there is Nothing that can be down to settle the payment issues that cause high price during transaction.
To answer your question is very easy, just compare the all time high price of ethereum that occured 2 years back with current price and what will come to your mind? Easily you will get the answer that eth is undervalued. After 2 years of rapid development and improvement i think next peak will be much bigger than what we saw at the start of 2018.