Why is eth the 2nd biggest crypto when it's functions are so outdated and costly?

To start with, I'm not saying this to bash eth. I guess it has some OG status similar to bitcoin as one of the first cryptos to do what it does and have widespread usage.

That said, I find it infuriating too. To transfer stuff with ETH you sometimes could end up spending $20-$40 just for moving some ETH around.

What influenced this thread- I sold 60 bucks worth of Moons and after the whole process moving the eth from 1 layer to another, then waiting a week to withdraw, it wasn't enough for me to buy enough money in eth gas fees to move it out of Arbitrum Nova. ????

Oh yeah and the week before that I also tested selling a small amount of Moons and when I sent the ETH, the stupid site didn't warn me that I need to convert the ETH to the other layer level in order to recieve it in my account so that was money down the drain. ????‍????

All this to say- the experience with ETH has left me feel disillusioned about it.

Now imagine all this with your average person that doesn't know how to follow crypto guides to even attempt this stuff.

Maybe it's time to knock ETH out of the 2nd biggest crypto spot? What do you think?