What replaced the bounce rate?

Excuse me, could you please elaborate on what metric or measure has taken the place of the bounce rate in the world of web analytics and digital marketing? I understand that bounce rate used to be a key indicator of user engagement and website performance, but I'm curious to know what has emerged as its successor or alternative, and why this change has occurred. Additionally, I'd like to understand how this new metric differs from the bounce rate and what benefits it brings to the table.