Let’s try and school you on this outside of the realm of cards.
Let’s use a Mercedes C class car. Next year they make a new c class and it is faster, accelerated faster, handles faster and brakes faster than the previous year’s E class. Naturally it costs a lot more also.
Does that make it a replacement for the E class? No, it doesn’t, it is just a better c class, because the e class also improved by the same margins.
In the same way, the cards, which all fall into the same product stack at the same places as the previous year only replace their own model. Price and performance have nothing to do with it. We expect them to always improve.