It's versatile enough that it can be used for application and systems programming. It has the best tooling of any language I've seen. It has a fairly pleasant type system. And I think most importantly it does a great job in bringing higher level language features into an environment without a garbage collector. Rust has arguably set the bar for "fast languages that are also decently expressive".
"We're basically turning history into habitat, and as far as we know, no-one has attempted anything quite like this before."
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However, every now and again, there are moments such as the Friday Night Live! card at Southwell last week which lift the mood completely, and offer hope that a 250-year-old sport has plenty of running left to give.