You seem to be quite technical, have you looked at their stuff (docs.pears.com holepunch building blocks like hypercore)?

Do you think this has potential to be used for P2P apps and if not why?

I'm not very familiar with javascript and nodejs thus unable to fully grasp how it works but I get the underlying principle and it sounds like it should work and be a great addition to other aproaches like nostr 🤔

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I haven't looked deeply at it but my take from skimming (which has been confirmed by several other engineers that have played with it more deeply) is that it's way too complex to ever actually get much use from the community. Because of this, it's very likely that it'll remain a niche tool only used by a handful of people.