That URL is utterly indecipherable by 99.99% of Internet users, so displaying it in full does absolutely nothing to protect users.

The onus to protect against a website takeover is on the domain/server owner, certainly not on the browser vendor although they try to mitigate simple attack vectors.

edit: added a few 9s

Well, it switches that 99.99% to 100% now, so a step backwards.

They already used colors to de-emphasize other components, this doesn't look like anything else than pushing people to rely more on google search.

> Well, it switches that 99.99% to 100% now, so a step backwards.

Refraining from collecting malicious links happens before you click, by the time it's in the URL bar it's already pretty late to mitigate against attacks.