I'm really not sure about that. There is a recent "renovation" of a pumped storage site in Germany for more than 300EUR per kWh of storage capacity. Unfortunately I cannot find the original "Bürgerinformationen"-slides again. And it is a local, probably heavily politics-influenced provider, so maybe a lot of that is political landscaping. But I haven't been able to find a lot of anything with respect to storage prices beyond batteries. And I was really surprised that this renovation is the same order of magnitude than a battery installation.
You are still correct in the sense that storage is still incredibly expensive per hour of demand stored, but batteries may very well already be the cheapest option out there