PNG has been updated for the first time in 22 years — new spec supports HDR and animation
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AVIF is generally smaller in size than both WebP and PNG. AVIF supports animation while PNG does not.
The lossless mode in AVIF is so bad that a BMP in a ZIP file produces smaller results.
Which makes sense, as it doesn't actually have a dedicated lossless mode (like WebP does), the encoder is just to not quantise the video data it produces.