Sabrent's current TLC 4.0 drive has 5000 MB/s read and 4400 MB/s write for reference.
Just because we have access to higher bandwidth doesn't mean the hardware we use is immediately going to double or triple in performance, it'll take time for things to build up.
I remember reading about some 4.0 drives throttling due to heat for example, there's definitely some hurdles to get over.