Is it time to increase the blocksize cap?

The current fee structure, while stable, is anticipated to rise alongside increasing demands for block space. This prediction stems from observing trends within similar blockchain environments, where demands have typically shown to be volatile and often short-lived. Given this pattern, it's argued that projecting a long-term sustainability for such demand on Bitcoin might be overly optimistic. This viewpoint challenges the notion that the present state of affairs, in terms of transaction fees and block space usage, can be confidently expected to remain unchanged or grow without encountering significant fluctuations.