I recently had to use a low-spec computer (Celeron 6305, 4GB Ram, Windows 11), and Firefox just did not run well on it. I switched over to Edge and it loaded webpages much faster, and used much less RAM and CPU while doing it.
The problem was I also had to go into the setting and turn at least 10 different things off. Shopping assistants, copilot, sidebars, etc. The average user is not going to know or feel comfortable turning all of these "features" off, leaving them a browser constantly showing them adware and sending tons of data off to Microsoft.
TLDR: On low-end computers Edge runs great, but Microsoft has also injected it with a bunch of crap.