For some young people, yes.
There are reddit detransition forums with 40,000 subscribers. Many tell the same story of peer pressure, social identity and of course the ease of obtaining medical intervention.
The general rate of detransition is accepted to be between 2% and 8% but among certain demographics - for example teenage girls - it is much higher.
let's also not forget that detransiton and regret are similar but different. A number may regret transition but are unable or unwilling to do anything about it.