Those of us that are part of the Java world since the early days, have been through this multiple times.
Just like C on UNIX, JavaScript on the browser, ....
The hype curve is definitely in the past, but Groovy is living on quite well as a small but viable option in the plateau of productivity. In some ways that is more important because while in the hype phase it is really hard to judge the true value of a technology. The true value emerges when the hype is over.
The problem is, there isn't really a better scripting option for the JVM. While in theory lots of JVM languages (JRuby, Jython ... etc) could fill that gap, they all have ugly impedance mismatches which Groovy doesn't, so companies continue to deploy it as a scripting and DSL implementation still. I tried to substitute Kotlin for a bit and went back to Groovy because Kotlin still lacks standard scripting constructs such map and list literals etc.
Right, history repeats itself all the time ... until it doesn't. 10 years ago is not now, Kotlin is not Groovy ...
It's being maintained. A new version (3 iirc) is about to come out. But it's not a hot bed of innovation.
I think Kotlin now already has a lot more mindshare and corporate interest behind it than Groovy ever did.