Consider
$$n \rightarrow ... \rightarrow an+b$$
to be a sequence of natural numbers to which we apply $3n+1$ or $\frac{n}{2}$ operations.
This sequence is called a cycle, if and only if $an+b=2n$.
(one can define it as $an+b=\frac{n-1}{3}$ as well, but it is the same thing, just shifted to other place)
If we use operations above and rewrite the necessary condition of a cycle, we get its general form
$$ \frac{3^k}{2^l}n+\frac{3^{k-1}}{2^{l_1}}+\frac{3^{k-2}}{2^{l_2}}+...+\frac{1}{2^{l_k}}=2n, $$ where $l \geq l_1 \geq l_2 \geq ... \geq l_k \geq 0$ are natural numbers, including $k$.
Let's define $m=2 \cdot 2^l$ and $m_k=2 \cdot 2^{l_k}$, so we get the final form:
$$ \frac{3^k}{2^m}n+\frac{3^{k-1}}{2^{m_1}}+\frac{3^{k-2}}{2^{m_2}}+...+\frac{1}{2^{m_k}}=n $$
and $\frac{3^k}{2^m} \in (0; 1)$.
$\mathbf Question:$ Is there any progress on solving such exponential diophantine equations?
From the first look it feels like a solid approach to the cycle problem, but perhaps it's way more difficult complication than it seems.
By intuition, can you think of a reason why only $n=1;2$ would be the solutions to this problem? Why $n=3$ has no solution?
$\mathbf Edit:$ To make things more clear, $n \rightarrow ... \rightarrow an+b$ sequence precisely follows the Collatz Conjecture and its procedure (when and which operation to apply). Also the question is mainly aimed at the constructed diophantine equation and its behaviour.
If we allow ourselves to apply $n_{i+1} = 3n_i + 1$ even when $2 \mid n_i$, then we can find other cycles, for instance:
$$4 \xrightarrow{*} 13 \rightarrow 40 \rightarrow 20 \rightarrow 10 \rightarrow 5 \rightarrow 16 \rightarrow 8$$
However, there is no solution to $3m+1 = 2^j \cdot 3k$ in the integers. That means there's no way to get to $6$ except from $12$, and no way to get there but from $24$, etc. Similarly, you can only get to $9$ from $18$, etc. So no $2^j \cdot 3k$ can never be a solution to this cycle.
I'm not sure anything other than multiples of $3$ are excluded from this "wonky" Collatz cycle, though cycles will get big. If we start with $5 \xrightarrow{*} 16 \xrightarrow{*} 49$, after another $20$ or so (standard) steps, we get to $10$.
But this only answers your final question; I know of no progress on that sort of Diophantine equation.