While all this is happening bitcoin fees reached historic lows, which is a sign that there's very little demand to actually transact bitcoin. BTC/USD is near ATH levels and yet we're still here, many people want to trade BTC than ever but almost no one wants to transact with it. We spent so much time talking about lightning and layer two solutions while on-chain transactions can now even be send with a cost of close to nothing and decently fast confirmation.
BTC does not have to be transacted a lot the real concern should be they don't want to contribute to the network, even as validators, as I learned from being a validator, we don't need expensive machines. It will contribute to the decentralization of BTC network too. I remember when BTC was just touching $90k and people who held their coins in non-custodial wallets moved them to exchanges and the transaction fee was again skyrocketing as I also had to move my funds from the wallet to the exchange.
So people are still making transactions and speaking of El Salvador, they had no other option but to accept their policies to take loans. And yeah we are going to see QCs issue too in near future.