To be fair, Elm is also very stable and has not seen any new release since 2019. Not for lack of maintenance but simple because the author does not consider any of those bugs to be of need for immediate fixes. Plus communication has been, that Elm will probably stay mostly the same for a long time.
It just doesn't have the churn that plagues the rest of JS-world.
Elm is an absolute dictatorship but that is hardly that unique in the programming language world. There is also Gren https://gren-lang.org/ if you want to have a (probably?) more open fork.
But, yes Elm is a language build for very specific purposes with very strong opinions about how it should be used. If you have a project that fits the use case it will be awesome otherwise just don't.