What if apples tasted like oranges?
You can't have any kind of token creation inside Bitcoin protocol at all. That's simply because Bitcoin protocol does not have that capability and for good reasons. Bitcoin is a payment system not a token creation platform.
When you see some people on the internet refer to some garbage as "token on bitcoin blockchain" is a scam. None of them are real tokens, they are arbitrary messages injected into bitcoin's blockchain to scam people with.
Similarly you can't really call platforms like Ethereum, Solana, etc. payment systems because they are designed to be token creation platforms and their protocol is specifically designed to do that. This is why for example ether is called "fuel for smart contracts" instead of being a currency.
You're literally saying Bitcoin L1 doesn't welcome innovations. Well, blockchain exist for this same reason - innovation. If you've been attentive enough, there's a major shift ongoing behind the scenes already on making Bitcoin L1 programmable with the likes of Arch network and OpnetBTC. Arch network uses a VM based on Solana's eBPF tech to execute defi on Bitcoin L1.
Also, ordinals were meant to be token standards on Bitcoin L1 using the BRC model but sadly, that has not gone as planned.
I know a lot of maxis might not wanna hear this but it's a possibility that might soon become our reality. I'm not certain about but when it does happen, there will be a major shift in the ecosytem.