I think that Ethereum's performance is much, much better than many other projects.
However, the main problem in my opinion is scalability. Look at the performance of half a cadot, doesn't it look like anything?
ETH is good in many aspects. The only problem is the high gas fees. That fee's will actually drain your earnings.
There have been talks of improving the blockchain through gradual progression to POS. But the ultimate putdown on Ethereum more than the speed is fees, specially when you are interacting with a token. Like Tron energy, Ethereum needs to address this probem by implementing some ways to make tokens transaction gas free. Till than, new projects and people would keep on moving to competitive platform while Ethereum remains a manipulative coin.
you'll need to wait until about 2024 before they can address the fee issue (Phase 2 ETH2). the only ETH competitor that matters is BSC, and it's a huge problem for them
You don't have to wait until 2024. The problem of high transaction fees on the ethereum network should be resolved in a few months, namely in July. In addition, the Ethereum 2.0 improvements have been calculated to be implemented over a two-year period. However, Buterin recently announced that the overall renewal period for the ethereum network is shortening. So the update should end next year.
However, there is a problem with high fees and it is because of this that the growth of the ethereum price is still relatively slow. I hope the situation will improve a lot by the fall.