That was true for jQuery as well; and yet, it is clearly no longer the right thing (tm) to choose for a project. Not because it's no longer cool; but because the underlying technology — the web browser — has gotten so much better it is no longer relevant.
Same fate may await React. At least, with jQuery it's pretty straightforward to gradually wean oneself off of it. I don't know how firmly we are going to be stuck with React when its time comes.