The only conclusion I draw from this is people ain't interested in transacting on this ledger. Storing, sure. Regularly transacting, nope. A damn shame. https://m.primal.net/MYOk.png
It will come.
Bitcoin L1 will only ever be a store of value at best at this stage, thanks to the direction it has taken. That's the direction everyone has pushed it in, and well, this is the result. Couple hundred here, couple hundred there. I guess VISA will worry about the TPS. "Thanks, Saylor."