In all of Christianity though, there is an understanding that our sin is a failure to live up to God's holiness and standards, and that in Protestantism one of the pillars (5 solas) is that it is only through his grace, mercy, and love for us that Jesus came to die, and that our salvation is due to his grace alone and not something individually inherent in ourselves that makes us worthy.
I'm hedging all of that with the fact that there's a lot of religions/denominations/cults that call themselves "Christian", and many believe very different things.
Some non-reformed baptists and non-denominationals are memorialist, but historically most protestant churches do consider it a sacrament.
[1] https://www.blueletterbible.org/study/ccc/westminster/of_the... [2] https://en.wikipedia.org/wiki/Eucharist_in_Lutheranism [3] https://en.wikipedia.org/wiki/Anglican_eucharistic_theology [4] https://en.wikipedia.org/wiki/Eucharistic_theology#Methodist...
My confusion was that I was equating transubstantiation with it being a sacrament...so to my knowledge only Anglicans have preserved full transubstantiation (with others having some mixture of Christ being present)
[1] https://www.arbca.com/1689-chapter30 [2] https://bfm.sbc.net/bfm2000/#vii
I think it's safe to say that in almost all protestant denominations, the Eucharist is not a means of salvation though. I would hope that all would say salvation is through grace alone through faith alone. Let me know if you disagree though, I'd be curious of exceptions.
Definitely agree that most every Protestant church would agree that it's not a means of salvation, but I do think most would call it a means of grace though.
I've never been to a protestant church where they believe you receive a sort of saving grace from consuming the host - though there is agreement it is pleasing to God to do it.
In the Catholic church they definitely believe you receive some sort of grace. What "kind" of grace is something I still haven't wrapped my head around.