Well ofc it is 2nd most popular crypto coin by market cap. HOWEVER, there are some conspiracies surrounding devs, like they promised that the eth will always be ASIC resistant, so regular people can mine it. BUT recently they started to not give a shit about that and there have popped up asics and there is some evidence (don't quote me on that, research if you are interested) that some devs work/have relationship with big asic miners, and they are paying eth devs to not ban asics.