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Bitcoin market cap: $1.41 trillion. Monero market cap: $6.31 billion Bitcoin 24h volume: $12.78 billion. Monero: $92 million Your own source says XMR drawdown: -95.54%. Volatility: nearly double Bitcoin’s. Volume: 150x smaller. That’s not outperformance. That’s a smaller, riskier asset that had a good year.
Bitcoin had a first mover advantage of course, so when compared to Monero, it's going to have more market recognition. It also doesn't help the fact Monero has been delisted on most if not all exchanges but despite this fact it's used more, or just as much as Bitcoin in every Multi-coin market that accepts both. As an assets/investment, yes Monero is underperforming Bitcoin but as a peer to peer digital cash, I'd say Monero is doing quite well in comparison. Most of Monero's volatility comes from major hacks, or delistings usually, outside of that Monero is much more reliable, and predictable with a steady price growth over time. Monero is serving its purpose as a private steady appreciating monetary system quite fine.