I think only BSC, TRON, SOL, etc are lower transaction fee over ETH. It was long time that the transaction fee of Ethereum is the problem of investors because the gas fee is so unfriendly. More people thought that the update in London could solve the problem. But it didn't happen. The transaction fee is still expensive.
The transaction fees is hurting the investors and the projects who are using their platform and the project developers need to find alternatives especially NFT projects so that the end user is happy with the way things are. The promise of a lower fees after the upgrade is just a promise and unless we see any gradual change in the network fees, there is no point in holding the coin even as an asset.
Of course, you can think what you want, even though you will never upgrade to ETH 2. However, Vitalik Buterin has been developing this project for many years and has not made a mistake so far. The only thing he did not anticipate was that Ethereum would become so popular in such a short time. However, he is still working on improving this situation and in my opinion there is no reason not to trust him.