Most people now use something that many people already know and use, as well as ETH which is too big and will never lose its relevance.
Even though its competitors are much more efficient, it is still the pioneer who is most in demand.
I do agree with this statement, veryone just seeks something that they already used to and that is eth, doesn't matter if the other party got some massive ultra scalability everyone just sticks with ethereum at this point.
heck even if you see the uniswap smart contract, see how active it is, spending millions of dollars just for fee alone in a day and that's only one contract, the other aren't that far off from what uniswap is having.
honestly I doubt if there is any coin out there that eventually gonna overtake ethereum it's just already too big of an altcoin, it's like the giant of altcoin much like having similar bitcoin domination but in altcoin category.
even right now like some people have said, coins like polygon, solana, have been losing their userbase each and every day. I wonder what's gonna be happening next few years into the future with these coin in general.