It hasn't felt t like there's been much significant performance increases or development in RAM in the last.. decade?
In memory? There's been a ton of improvement, even if most of the coolest stuff isn't making it into DIMMs that are installed in user laptops/desktops.
Advanced packaging technology has allowed chip manufacturers to put different silicon dies together with increasingly high performance (high bandwidth, low latency) connections in the same package, including with some three dimensional stacking. That way they can mix and match different silicon dies for greater cost effectiveness, yield, performance, etc.
This also means that in-package memory is now the standard in certain chips. Apple's M-series silicon has its memory packaged right into the CPU/GPU package, as a system-in-a-package, so that the connection between the logic and memory is comparatively much higher performance, several times higher bandwidth than desktops or laptops that don't follow that kind of architecture.
Similarly, in data centers, the AI boom has caused all the memory manufacturers to switch their production lines to high bandwidth memory, where they vertically stack a bunch of DRAM chips on each other, with ultra-fast, high bandwidth connections, so that they can shove terabytes of memory into these data center servers. These recent generations have been improving speed and bandwidth in ways that make consumer level DDR5 RAM look like child's play.
So they're improving things. Just not in ways that really show up in DIMM sticks.
The USB 3.0 standard was finalized and published in 2008. USB 3.1 specification superseded it in 2013, and then USB 3.2 superseded that in 2017. Each version is fully backward compatible with every standard version from before, so there's nothing stopping people from releasing a 3.0 controller and certifying it works in the 3.2 mode that is a drop in replacement for 3.0.