When Ethereum was created, it revolutionised the crypto industry with smart contracts. Many projects that would never have received the funding managed to get access to funds because of ICOs that were taking place directly as a result of Ethereum. The most successful and famous had to be Binance.
The ICO era is over and it seems with other platforms available that have replicated what Ethereum currently offers, the space is getting congested and ETH will struggle to maintain a hold as the second largest crypto.
Ethereum is going to get replaced. There are plenty of projects that do everything ethereum does.... but faster, with more features, and lower fees. Ethereum was good for its time, but there are way better projects now
I didn't know Binance was an ICO. I see was in 2017 and with BNB tokens sold at $0.15 each. I entered some ICOs that year and I missed the jackpot.