It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.
The current Ethereum network still has quite high transaction costs and the cost of creating new tokens is quite expensive. Therefore, Ethereum is used for those who have well-developed products that will be valuable. Meanwhile, when new projects enter the Solana network, many of them end up being scams because on the Solana network the transaction fees are all very cheap.
Check Ethereum transaction fees - https://etherscan.io/gastracker
I think with the current gwei it's still quite cheap compared to the previous high.
Remember that Solana is not an Ethereum killer by any means, they may say Solana has a cheap network but behind it all are a lot of scammers making token plans that will rugpull later which in the end becomes a scam.
But ETH will not be able to be overtaken because MC is too big and far different from Solana.
That's right, as you said, Ethereum fees are currently quite cheap and we can take advantage of these cheap Ethereum fees to carry out transactions on Ethereum. It is normal that when token creation and transaction costs are quite cheap, scammers will take advantage of it.