JPEG XL is the first image format in a long while that's been actually designed for images and brings a substantial improvement to quality while also covering a wide range of uses and preserving features that video codecs don't have. It supports progressive decoding, seamless very large image sizes, potentially large amount of channels, is reasonably resilient against generation loss, and more. The fact that it has no major drawbacks alone gives it much more merit than WebP has ever had. Lossless recompression is in addition to all of that.
The difference is that this time around, Google has single-handedly held back the adoption of JPEG XL, while a number of other parties have expressed interest.