The Wine moment was actually the Proton moment when Valve needed games to work outside the impending Microsoft stranglehold.

Because of Proton, Microsoft gave up its effort to block Steam and move all Steam games to the Microsoft Store.

In theory, Waydroid exist.

In practice, I've failed to ever get it running on several attempts so far.

How so? To make it work on Librem 5 I had to fix some issues in Waydroid's gralloc and hwcomposer implementations, but that was back in 2022. It has just worked out-of-box ever since.

Very similar to how wine used to be.