when we talk about only Ethereum as a coin it is not dying, it is following Bitcoin .Now it is trading above 600$ and moving towards about its ATH. yes if we talk about Ethereum network it is paining us with its Gas fee, slow transaction ,transaction failure.If eth overcome all these things then it is always number 2.
IMO ETH 2.0 will overcome all of that problem, but maybe the price will drop after that. Because so many eth staked and Nobody want to make the price higher since no miner reward, dont know, just my opinions
The developers have promised that the upcoming ETH 2.0 will definitely overcome all of the problems and issues to its network, such as high gas fees. Also, Ethereum is one of the top coins in the crypto market next to bitcoin; that is why Ethereum will not die because many projects are using its platform to run and create decentralized applications and enable smart contracts.