The name brand is meaningless when Ethereum gets totally jammed up. It makes no sense to build a social media platform where a single transaction costs $100. Doesn't work. Would you like to pay $100 to vote on a post or to transfer a tip worth $1?

The move from Ethereum to other DeFi platforms with much cheaper transactions is already happening. Protocols on Binance Smart Chain such as PancakeSwap are all the rage now. That's because it is IMPOSSIBLE to do low-value transactions on Ethereum right now no matter how much you loved the Ethereum brand. Here's the token price history of the CAKE token:

The price has gone up more than 20x in a month! That's because of massive adoption. People have no choice but to go elsewhere when Ethereum block space becomes too expensive for their transactions.

By the way, I never said Ethereum would be replaced. This space does not work that way. I said Ethereum will remain as the place to go to for high-value transactions.