Svelte is a good example. But you don't have to go that far; Solid and Preact have signals with auto-tracked dependencies.

As another commenter mentioned, yes it's less low level than managing your own dependencies, but then again, most React apps are already wrapped in layers and layers of abstractions/context providers/selectors and use Jest as their test runner (which injects the global namespace with functions) and does other black magic and weird metaprogramming, so I think most React devs are already OK with less lower level stuff.

I'm a bit surprised the poster was asking for something more magic not less.

I mean, I am OK with magic, but it has to remain magical to me. The moment I have to deal with the magic, I don't want it anymore.