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Electoral reform won't make blue states more blue. More people turning out doesn't matter if they're already voting for you, so you gain nothing. It would result in minor parties getting elected more often, which would weaken the power of the DNC. Obviously, the DNC doesn't want that.
You are correct, the objective of ranked choice voting is not to empower the two existing parties. It is to create a system that it amenable to having more than two parties so of course the powers that be who benefit from that system don't want that - which is why it needs to be pressed because the two major block parties increasingly obstructionist and diverging will eventually cause a civil war. Smaller parties allow for more nuanced takes requiring cross party concensus and break up the stratification. If the game of democracy ends the Dems will end up with their heads on a plate so whatever kickbacks they receive from the status quo won't be worth jack.
The hypothesis behind ranked choice is that enough people would vote for a third sane option that we don't have only choices between red and blue shitheads.
If you have a lot of people ranking like: Blue -> Red -> Con Man
And "moderates" ranking like: Red -> Con Man -> Blue
Presumably the number of people who prefer basic red over a con man would mean the con man cannot take office. Not even if a large group of Trumpanzees vote: Con Man -> Red -> Blue
Then, given that possibility, the assumption is that we would have viable third party candidates. If people could take third party candidates seriously, they are more likely to be incentivized to vote when they hate the favored top two.
IDK about the presidency because of EC bullshit, but I am pretty certain it would work like that for state and local elections.
You could definitely still use ranked choice voting in conjunction with the electoral college.
I'd still much rather get rid of the electoral college tho
We already functionally have that fight in the primaries (both in the DNC and RNC brackets). And we do have a rump base of Tea Party Republicans who routinely sabotage the Republican majority in the House. We have an even smaller rump base of progressives in the Dem party who mostly just exist to get censured by the Ethics Committee for being too antiwar or pro-Palestinian.
3rd parties have their own primaries and don't effect DNC or RNC primaries
Winning a primary as a member of a caucus in a major party gives you better odds of taking a seat than winning a primary in a 3rd party.
So people tend to endorse internal party caucuses, which then function as de facto third parties.