WPA3 is the first major security standards update for Wi-FI networks in over a decade - and in particular it includes some important improvements for security on open public networks.
WPA3 will eventually be as prevalent as WPA2 is today.
But it will take a LONG time before WPA3 is prevalent. The standard has only been finalized as of mid-2018, and it will be many years before WPA3 becomes widely supported in routers, operating systems, and devices.