For daily transactions, I don’t think we would have gotten this far adoption if that’s what most of the people owing bitcoin are using it for. Most of them are using it for investment purpose only, as a store of value and not for transaction sake as an alternative to fiat currency.
In that case we're still far from the widespread adoption we're hoping for. And IMO, if Bitcoin can't realistically compete with fiat transactions in terms of speed and cost, we'll need solutions like the Lightning Network to bridge the gap. But even Lightning Network adoption hasn't gained significant traction yet.
This makes me question whether our expectations will actually materialize. Bitcoin may never reach its full potential if it continues to be viewed primarily as an investment rather than a practical currency for everyday use.