Ethereum is a blockchain platform that allows developers to build decentralized applications (dapps) and smart contracts. It is the second-largest cryptocurrency by market capitalization after Bitcoin, and has a large developer community and ecosystem of decentralized finance (DeFi) applications built on top of it.
Ethereum is consistently evolving and we can see it first hand. The current price isnt evem half of its ATH, plus a lot of projects still intact with ethereum and thats something we should been considered. In terms of usage, I think eth has been used more than bitcoin since there are many dapps working with ethereum network and even on L2 or any sidechain. Ethereum will really do a good working environment in the future and has potential to grow more.