What are your thoughts on the future of Wayland compared to X11 for Linux users?

As the Linux desktop environment evolves, Wayland is increasingly becoming the standard display server protocol, aiming to replace the long-standing X11. I'm curious about the community's perspective on this transition. What advantages or challenges do you see with Wayland? Personally, I've noticed improvements in performance and security with Wayland, but some applications still seem to perform better on X11.

How has your experience been with the shift?
Are there specific applications or workflows where you feel Wayland excels or falls short?