Ethereum is the king of altcoins as none other altcoins have been able to capture the market like it has been from 2011. Today the price of Ethereum rose to $2900 which is incredible as Bitcoin has been trading side ways for sometime now. The Ethereum ecosystem is bigger than Ethereum itself and that is why it listed as the second coin on CMC. For every transaction on its ecosystem every user needs Ethereum as without it user cannot make any transaction that is another reason why it has the second biggest marketcap after Bitcoin. A large number of financial institution in the US have applied for Ethereum spot ETF. If it gets approved by the SEC then its price might go beyond the $3500 mark in the future.
to discuss the issue of ethereum, we can no longer doubt this coin because ethereum can always follow the flow of bitcoin, and its value is greater than other altcoins so we can say it is the king of all altcoins, and in the future if it is approved by the SEC then the value of ethereum will reach ATH is new and this will definitely happen in the future, if you really have large capital then investing in ethereum is the right decision.