iTerm has support for tiling terminal panes within a single window. You can drag any tab to subdivide a pane as much as you like.
It's handy for keeping "tail" or "watch" commands or similar visible — the same reasons people use tmux, tiling window managers, so on.
The UX isn't perfect, but it's useful enough that I've stuck with iTerm despite the lower performance (and bugs — it's pretty buggy, and the main author rarely seems to address Gitlab issues).
iTerm has other nice features. It can run without a title bar (saves space), it does cmd-click-to-open-file, and it has a lot of customization options. I don't really use most of the features; the tiling aspect is the main feature I rely on.