Microsoft is adding extensive archive format support (using libarchive) to Windows 11. I'd like to thank 7-zip for its service over the decades, though.
If you're talking about the more limited set of options you get when you right click a file in Windows 11, just hold shift while right clicking to get the original options. You've actually been able to hold shift to get additional options going way back, I think to windows XP.
There's a lot of extra useful options in there too like opening command prompts to the current folder and copying file paths to the clipboard.