Instagram Now Supports 60 Sec Reels

Instagram announced today that its Reels function will support 60-second videos just like its rival, TikTok.
Also added was a captions sticker that helps a user transcribe audio to text making the app more user-friendly for the deaf or hard-of-hearing.
Before the update, you could only upload a 30-second video to Reels.
While Reels was adding 30 seconds to their platform, TikTok added two minutes to make it possible for three-minute posts.
Which do you prefer Reels or TikTok?