According to the RIAA, It doesn't look good for physical media

This statement is misleading.
The statistic of dollar amount of LP’s exceeding CD can be explained by higher pricing of LP’s per unit. Vinyl can be more than 2x the price of a CD.

How is it misleading? I just stated what each format shipped in units and dollars.

It is inevitable that units of LP will overtake CD.

Yes it is, maybe by the end of this year. But that percentage change year over year for vinyl units shipped isn’t too far from going negative.

Amount of CDs sold most likely doesn’t include used CDs sale.

No, it doesn’t. Nor does the LP number. These are units shipped by the record labels during the first half of 2020.

My Discogs collection value is going up faster than my 401k.

Might be a good time to sell if you want that money. I think there will be more collections going up for sale as more boomers depart. In the last 20 years I've watched bubbles inflate and burst in baseball cards, tech stocks and real estate. I'm sure there have been many others.

My 53 still sealed dbx discs I paid $2 each for in 1990 are up to over $200 now.

I inherited 4000 LPs from my folks, 1/2 still sealed. None of my older brothers and sisters wanted them. Until now. Nope! Not getting them!

My mother worked at Columbia Records 1955-1967. 4000 pristine copies, all labels. Columbia was the largest presser in the world then.

One thing with new vinyl is usually there is also a hi-rez digital download included. Pretty much all I “buy” these days is vinyl. Old and new. I use my NAS, Spotify, Pandora, and Amazon Music for various other reasons. I rarely listen to anything streaming “critically”. Normally, any of the above are played when doing things around the house, in the car, or at the office. Vinyl is pretty much my “thing” these days.Occasionally, I play a CD, but since most of them are on my NAS as hi-rez files, I usually just play that instead.

@wolfie62 Wow! Lucky.

One thing with new vinyl is usually there is also a hi-rez digital download included.

I don't recall ever getting anything but MP3 download cards in the new vinyl I buy.  I rarely ever use them.  MP3 is not what you're calling "hi-rez" is it?

New vinyl often sucks.  Warped, noisy, poor sound quality... there are some releases that sound fantastic, but for the most part I've started to avoid new releases or current pressings of old releases and do research on Steve Hoffman about what some of the best older pressings are.  That can be a rabbit hole.  Like here, there are varying and directly conflicting opinions.  It can also be detrimental to the wallet, especially if a particular pressing has really been talked up and is out of print.  It can also be much more rewarding than listening to a brand new record that sounds like it's been played 50 times on a Fisher-Price turntable.