I believe because most 'Investors' in the space that have just arrived from Wall Street or Sherwood Forest are buying and selling nominal Ethereum on the Exchanges without ever performing an onchain action. Ethereum is utterly broken and 2.0 may never come.
Do you think this is a fair appraisal?
IMO, I believe that when time Ethereum fees began to skyrocket and persist for a long time, Its fairness has already gone too, how come those rockstar founders have not done any remedy to make the gas fees more affordable when they create Ethereum they said that they created it to empower the people now how could you empower the people with that very expensive transaction fees. Im sorry to say this but your EIP-1559 is a dud and useless it never made the transaction fees stable.