I see it the other way around: tracing is essentially logging with hierarchy. If you can keep the context of a "parent" span around, then you can log all of the entries out and build up the entire trace from spans, although you can get pretty confused if you don't write them out in the correct order.

However, if you don't have context, then the log entry is the atomic unit -- metrics are log entries with numbers that can be aggregated, spans are log entries with a trace id and a parent span, and "events" in Honeycomb terminology are logs with attributes covering an entire business operation / HTTP request.