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.
You gave the answer yourself, the transaction charges keeps on increasing and some are expecting the upgrade to ETH 2.0 and not sure how successful it can be unless it is rolled out and i am not sure why the developers are leaving, is it because of low pay or they know that it is going to doom as the business end will not sustain for a longer period of time.
I consider ETH as overvalued.