ETH will get to 5k soon. But will it solve issue with fees, no idea.
LOL, why cheaper transaction fees can help Ethereum moves to $5k. There are many altcoins with cheap transaction fees and their prices are not at $5k. I won't surprise if Etherum get a price at $5k in FOMO but if you say it is because of cheaper transaction fee, it could be wrong.
Ethereum has been known to be a space for scam ERC20 projects and recent weeks, Polkadot has become the biggest competitor for Ethereum. It is a young altcoin but create a hype with a new altcoin is easier than with a long and bad reputation as Ethereum.
I hope so because paying 2% to send 100 usd, is kind of expensive.
The smaller the amount you make for your transactions, the higher percent of it will be used for transaction fee. It is true for bank transfer as well.