No, it won't as we have seen such amount of congestion in the past.
In the past, it was temporary I guess although I had no idea about the fee market before 2019. I heard that there was a spike in the fee back in 2017. But this time, you know what's causing it & we are likely to see the spike every now & then. That's not something good I guess. That's going to create more problems in the coming days.
If you want to know more then search Google by typing Bitcoin lightning network as it is the only solution to these high transaction fees.
True indeed but that's not an on-chain solution. Something must be done on-chain to solve the issue.