And regularly releasing new x server versions. It seems like there's a new release every couple of months.
For example, in January this year, xrandr got code to allow for multiple virtual monitors on a physical display. In April, there were 2 bugfix releases.
If they were all-in on Wayland, they wouldn't be making regular xorg-server releases, and definitely wouldn't be adding new features to xorg components. (Because, yanno, they wouldn't have any staff available to do those things.)
X.org the foundation is electing a board of directors. They're also all-in on Wayland.