I fully expect that new layers will someday allow us to facilitate higher transaction volumes, though I'm concerned about the current state of the network and the fact that there are no concrete timelines for the rollout of aforementioned high volume networks.
As for reasoning behind why users will still need to settle on-chain even with the existence of high volume networks, see these posts:
Point being, the scalability proposals that are currently being developed are not magic bullets and still require the occasional on-chain settlement. Larger blocks will be necessary with or without the actual scalability enhancements.
- Jameson