I think the point is not that there aren't alternatives—there were plenty of jQuery alternatives—but that React is the dominant force, and this too shall pass.
You want to topple react, you need to solve a problem that’s as big as state management used to be in a way that react can’t also just copy/absorb, and you have to do it so well that developers will push to use it at work. You need to have a ux as clean as what React offers to its devs, and you probably need to come close enough in benchmarks to not get instantly shot down.