Clojure is not dead, the core language is still very strong, but the dev experience has been degrading IME. This is due to a lack of heavy corporate backing and investment, probably by choice. Taking a PL to the mainstream is very expensive. You cannot compare Clojure and Rust in any way as they're completely different design philosophies.
Do you have examples of the dev experience degrading? My experiences is that the tools and libraries only continue to mature (as does the Clojure language itself). Do you just mean that things are improving less quickly than they are for, e.g., Typescript?
I think it's a "death by a 1000 cuts"/"broken windows" that is may be happening when the ecosystem lacks funding to take care of the boring maintenancey stuff. If I remember well, this is a conscious choice by Rich Hickey, a choice that one should respect, but will prevent Clojure from ever getting to the next level IMO.