I think ethereum took a bad hit from this situation. Ethereum loses a lot of value compared to Bitcoin. How long this situation will continue is very important. Or is ethereum going out of date?
Ethereum isn't going out of date it's just like the forces of supply and demand forced it's price to dump, personally I had anticipated a pump in it price just like in those days of crypto Forks, however on a long term perspective I think it price will pump massively after the successful merging of Pow to Pos, reduction in transaction gas is a welcome development invariably the high cost of transaction of it network especially ERC based projects using it network which had formally been a big issue I believed it had been addressed, I am looking forward to a high market price of ethereum in no distant future,