Rust's reason to exist has not gone away. Rust will continue to slowly replace C and C++ in systems programming where it makes sense.
In other areas where it seems more like people are creating yet another version of a classic utility but in Rust, the answer is, "yes I sure hope so."
The problem with all modern programming languages now comes down to supply chain risk. Even the simplest utilities depend on dozens of crates to be pulled into my computer from who knows where. Go, Dart, Python, Node.js, all have this problem. I just installed a cool utility (written in Rust of course) that pulled in 50 dependencies. I am to trust that they are all good of course. Still it seems a little excessive for a utility that does graphical browsing of disk usage (darya). But hey it's a modern utility.
Maybe it will settle into just being a useful tool, like it was intended.