Why is EOS not popular anymore?

Why has the popularity of EOS seemingly waned in recent times? Once a prominent player in the blockchain and cryptocurrency landscape, EOS seemed poised for dominance. However, it seems to have lost its footing. Could it be due to the emergence of newer, more innovative platforms? Or perhaps EOS failed to capitalize on its early lead, allowing competitors to catch up and surpass it? Furthermore, has the market's overall sentiment towards cryptocurrencies shifted, affecting EOS's popularity? As a former darling of the crypto world, what could have caused EOS's star to fade?