It looks like you're new here. If you want to get involved, click one of these buttons!
In fact I would say Chuck Berry, Hank Marvin, Eric Clapton, Jimi Hendrix and EVH are the only guitarists that really changed the game for everyone and influenced just about everyone with a guitar. Yes Page, Beck and countless others were probably better but none had the impact.
IIRC Dave Edmunds said electric guitar playing stopped evolving with the invention of the fuzz pedal. Van Halen was pretty much the end of a period when clever electric guitar playing was a big wow for anyone other than guitarists. The band weren't even really very big in the UK at the time. Plenty of guitarists since who have done technical things that weren't happening in 1978 (Malmsteen, Vai, etc) in rock plus clever things in other genres (Frank Gambale rewriting the sweep picking rule book for starters). Van Halen was, arguably, the end game for guitarists in the blues rock tradition (he was heavily influenced by Clapton). But we had guitarists (like John McGeoch)trying to reinvent the electric guitar outside of that tradition. It may not have been technically complex but it was moving the language on. Johnny Marr, lots of Afro beat stuff, loads of others in the 80s and 90s and beyond bringing new flavours into guitar playing. The technicalities of playing were increasingly codifed so you arrive at guitarists like Guthrie Govan who can play anything. The problem is more that the songs haven't caught up - there isn't that much use for that kind of playing in anything other than quite specialist listening.I've watched a bunch of Paul Gilbert videos recently. He was a post Malmsteen shredder and a very versatile and technical guitarist. But his thing now is pretty much saying that stuff doesn't ROCK: it doesn't reach many people on a gut level. He's become more interested in blues and melody and extracting dynamics and feel out of the guitar. Maybe it's more that guitar still technically progressed but Van Halen was as high a level of progression that most people can find palatable.
The 70’s gave us Allan Holdsworth, John McLaughlin, Al DiMeola, Eddie Van Halen, so no it hasn’t really progressed but has had a process of refinement
The short answer to the question posed by the OP is no. And it hasn’t changed for piano players, drummers, uileann pipes players, brass players etc either.