Europa is always an exciting competition because of how diverse the teams are in this competition. The clubs who struggle to make the top four in their respective leagues are seen as bad and then they go ahead to play in the Europa and then they do wonders! Atalanta last season was taken the least seriously and they beat everyone to take the trophy. I don't think Liverpool or Leverkusen in their worst nightmares expected Atalanta to be such a force. This is the beauty of football, the unpredictability, and the unseen legwork players and managers put in to do insane work is beyond the beauty of the game. Europa is as exciting as any other European competition, and we all are here for it.
I do agree because the gap here is a lot bigger. In the UCL you can see a few great clubs and one of them wins every year, there isn't really anything unexpected at all and only boring results. However, at Europa and nowadays with Conference league joining them, these two competitions have a vast level of teams, and sometimes there are shocking results as well. So, these two are more entertaining because we are seeing things that are a lot more fun and could be considered a lot more detailed.
We should consider how to go about with our deal on the long term, and we could probably end up with getting better results as well. So this should be something that will take a while, and we could probably see it change with time as well.
What has changed? Because anyway, the Champions League will certainly remain the more interesting one even though indeed, only Real Madrid has great dominance there, but that does not mean the competition has become uninteresting. Because of course, I personally still believe that all tournaments have their own charm, so even though the Champions League is only dominated by one team, in reality the Champions League is still a very popular match every season.
Although indeed, in the Europa League any result can happen, because the non-seeded team also managed to win the trophy. But still, big teams or even any team is very eager to get the Champion League trophy. Therefore, any team that wins the Europa League trophy will automatically get a Champion League ticket even though for example they finish in the middle of the standings in the domestic league and that happened to Sevilla too before.