First, I think anyone using React solely because of the virtual DOM implementation is largely missing the point. IMHO, the real win of React is the functional and composable way components can be designed and implemented.

Second, no disrespect to Svelte, but I think there's a huge trade-off between the React approach and the Svelte approach that developers should be aware of. React is a pretty unopinionated library, all things considered. The only compilation step necessary is JSX to Javascript. JSX maps pretty directly to React's API. This means compilation is pretty simple. So much so that you can do it by hand really easily if you really wanted to. Svelte, on the other hand, is pretty compilation-heavy. There's a lot of what I'd consider to be non-trivial transformation going on between the code you pass to the Svelte compiler and what comes out of it and runs in the browser. Personally, I'm less comfortable with that compared to React's runtime library approach. But if you are comfortable with that trade-off, that's perfectly fine. It is worth being aware of it, though.