It's evident that alternative store-of-value is >90% of the demand driver for the crypto industry, and arguably the only demand driver for its dominant asset - BTC. 

Yet, it seems there's very little investment in improving this dominant usecase and biggest success story. BTC remains a ticking time bomb, and aside from BTC & ETH, most crypto assets are high inflation dumpsters (literally, for VCs).

Very much a winner-take-most market dynamic here though right? As you say, and I would agree, that ETH is the only other major crypto-asset that has good SoV properties, but look at how the market rejects it as a SoV

Basically only the ETH maxis are saying "ETH is money" (and have notably stopped saying "ETH is ultrasound money"), while everyone else scoffs at the idea entirely

I guess you could say, "well moneyness != SoV", and yes, sure, but I hope you see my point, the market seems to only want one SoV and is quite content (at least for the moment) with that only being BTC