I agree @louisthomas.
Way too early to stick a fork in anything in the cryptocurrency world outside the scams and garbage projects that were deemed to fail from the beginning.
ETH is not my favorite token although I do hold some. There is upside in it because, as you said, the development is just starting. People need to give it some time.
ETH will be one of the main public blockchains going forward. The leading blockchains will have the development.....and ETH will have that.