One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high
this might be among the reasons why this project was born but if you think about it, it all about competition which is needed as a business to allow the devs to be creative and deliver the best possible services and equally prevent eth being a monopolized project in its niche all together.
and this force some projects to switch to BSC
lower costs on the part of the customers means high demand for their crypto token and sticking to one project which passes on the high transaction fees onto the user means less demand for such a token , so the solution to this is to move to a blockchain like BSC with low fees for the end user.
but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
it will remain as a competitive space for the two biggest projects in this niche and both will coexist.