I used to be really excited about GraalVM but this, together with limitations in what Java code can run (reflection must be whitelisted - i.e. pain) made me run away from it. I do use Go, but my favourite substitute for Java is actually Dart. It can run as a script, compile to a binary or to a multiplatform "fast" format (a bit like a jar), and performance wise it's par on par with Java! It's faster on some things, a bit slower on other... but in general, compiling to exe makes it extremely fast to start, like Go. I think it even shares some Go binary creation tooling since both are made by Google and I remember when they were implementing the native compiler, they mentioned something about that.

But you only need to do that before a release. You can just develop with the normal JVM with ultra fast incremental builds and hot reload.