Sad but true... Especially so if you are in Europe it seems.
I've been playing on and off since 2017 but it's never been this bad.

Yes it is a very good game but the servers are also very bad and I don't think they will make a correction. Leaving would be the best solution, but after putting in so much effort, it doesn't seem easy to leave. So, we will have to accept this fate, even if it's forced.

Lags had become a problem in NA as well, hope they do something about it, it is still playable and there are lots of players in SkyHold area to keep the game going. It is the area where players should go now, new or old.
There are level 20(MAX) guilds asking players to join too from time to time.