True, pretty prevalent now is Filecoin.io too. That shouldn't cause complete disregard for the fact that Ethereum increased in value over 1000% over the course of only 2 months and now seems to be in a correction phase. Because of the large developer community behind Ether though, it's unlikely to be tied directly to the fluctuations of the Bitcoin market for much longer.
RE: Ethereum briefly crashes 20% to 7-week low amid worries about rival bitcoin's future