My 2c: I think svelte is overhyped and a poor solution to the problem it's trying to solve.
First of all, I am tired of ridiculous metrics like how small svelte is when it's a really small example, and it's one or two lines of initial boilerplate.
The thing that really set svelte apart was it's better syntax and experience when it first came out. I think that was when react class components, and vue 2 was still prominent. Look at the react and vue 3 examples now. They're really close. Vue 3 in particular looks a lot like svelte with vue's sfc.
I don't even think the dissapearing part about svelte is that important. That kind of performance is rarely going to matter before other bottlenecks. And if it really is that crucial, there's nothing stopping either react or vue 3 from doing something very similar. Vue 3 already has sfc that go through a "compile" process, and it uses getter/setters to make targetted changes.
There's also some considerable challenges to svelte: it's brining in custom syntax to really tackle the problems with reactivity. That's honestly really good if we could get one unifying system. It would be wonderful. But that's a tall order. Given how much traction these other tools already have, I don't see svelte ever fully dominating. Which makes it's extra magic and custom language features even more of a burden. People already complain about vue's few dsl's in the template or react's hooks.
Finally the eco-system for the other tools have come so far. Given how much the gap has closed, and how much farther the other tools are, the better ecosystems make them much better choices. Also as much as I respect Rich Harris, it's a tough sell against people the momentum of something like Facebook or even Evan You with vue and related tools like vite. I know he's working full-time on svelte now at vercel, but the corporate side of this as well as maintaining a community around this is another hurdle. Say wha t you will about react, nobody got fired for choosing it. On the other hand, it's a punch in the gut to jump on something like sapper and then have it be oddly deprecated/rolled into sveltekit.