The big impediment left has been Facebook's function as a social space to share photos with all and sundry. If not for it being the place to post photos of kids, weddings, vacations, etc. I don't think people would be spending much time on it. Seeing pictures of their nephews, nieces, kids, and grandkids on there is definitely what keeps the old people plugged in.
There really isn't another service that fills the niche either. Instagram is geared towards individual photos rather than albums or chronicles of events. Flickr kind of did, but it's basically dead now and its narrow focus on photography alone wound up gearing it towards pro or hobbyist photographers and didn't get much buy in from everyday users.
Facebook also seems to be something of a default space to host a bulletin board or community forum. Next-door has been trying to muscle in on that territory but it's been plagued by problems with racist usage patterns. Those would probably go away if it was more common, but it's created some real issues with optics. Also, I have no idea what their security practices are like so who knows if it's an improvement.
I've managed to get my friends and family over to other channel so we are now almost 100% Facebook free except for a few log in with Facebook and the occasional Instagram (also declining I think).
(Disclaimer: I trust WhatsApps crypto since a number of cryptographers have audited it but I still do not want them to have my metadata. I mean, seriously: the crypto can be unbreakable but why do we think Facebook bought WhatsApp and made it free?)