I switched to the free Simplenote in April of 2021, will overlap my Evernote account for a while but so far Simplenote is exactly what the name says, it does not support formatting like Evernote does although it does support "Markdown formatting" but markdown is currently more of a "geek tool" as it just confuses my wife. My 4,355 record Evernote file imported into Simplenote just fine (minus the formatting, some formatting imported as markdown which is similar to HTML).
Simplenote is meeting my requirements for basic text notes while supporting my Android, Windows, and IOS devices, both my wife & I are satisfied so far.