Honestly, $2 in one transaction we can say is still a bit expensive if we compare it to Binance Smart Chain,
but at least Ethereum transaction fees are going down little by little and hopefully that will continue,
We'll see what happens and I hope it's cheaper
That is exactly the reason why we are not seeing anything suddenly dropping like crazy in the BSC world, binance is still holding strong and pancake is still getting a ton of volume, why? Because ethereum is still quite expensive compared to bsc, however that is still a fine deal.
I personally like bsc a ton more and I will keep using it even if the prices were equal (gas fee) because for some reason that looks a lot better polished and ready whereas erc20 ones are rarely any good, that is probably because all the talented ones started a project in BSC during this past 6-8 months because eth gas fee was high and now that it is a bit lower maybe there will be some good new ones there but for the time being there weren't all that plenty starting as erc20 tokens because it was such an expensive one. Let's hope that we will end up with more competition soon.