What is ETH’s value-prop that other/newer L1 networks haven’t got?

I'm genuinely curious what are ETH's value propositions (in today's world) that other/newer L1 networks haven't got too?

Like I get why ETH was so valuable/transformative a few years back, but from what I can tell now they're still "working" on the same improvements & value-add tech/dapps that many other networks have since managed to create/solve for..

What am I missing?