yes, that's why ethereum is a valuable asset that we must have. ethereum has a lot of support from the company, various erc20 tokens and also great developers who make ethreum always innovate and evolve into pioneers as the best platfrom provider.
But those who have supported Ethereum because of its support to token based erc20. But they are the ones who's destroying Ethereum as well because they keep on dumping it causing the price to lose almost 90% now. As for the news regarding fourth wave of grants, it might push Ethereum price again but its going to be a long walk towards another all-time-high.
The erc20 is still created everyday, can you predict their future?
The future of ERC20 depends on the trend of crypto. when crypto gets a little traction due to the bullish trend and there will be more demand in the ico because we have known that the majority of new altcoin that will be listed on the exchange site will give the early investors instant profit Zil, Ontology, ADA, EOS, ETHOS and more altcoin.
You should check the icostat site and it will tell you a lot about what condition of ico right now.
It's so cheap to create a smartcontract and i hope that vitalik will be thinking to create such the more requirements to generate the asset that called ERC20 token.