What are the odds that Rust is going to have a real competitor?

By "Real Competitor" I mean: A language just like Rust with similar goals, but one that people actually prefer to Rust. So it would be a fast, low-level memory safe language with great tooling, great type system and other benefits that Rust offers. But it would need to be better than Rust to actually catch on

This language needs to offer real advantages over Rust to be considered. Of course since Rust has a huge ecosystem that is growing rapidly, it may take a long time. But I am talking on a timescale of 25+ years.

Creating a new programming language to compete with Rust would be a massive undertaking and there would have to be some real reason to do it. Rust may be missing some features like higher-kinded types, named function arguments and such but to really catch on the language would need to offer some extremely important feature that Rust doesn't have, as well as offering all of Rust's benefits at the same time.

Is there any such language currently in early development? Or perhaps, what would such a language have to look like?