Want more formatting options in Gutenberg WordPress editor? Well, with TinyMCE advanced plugin you can add a lot of options to both classic block and the paragraph block that come with default block editor.

You can add WordPress tables, add subscript, superscript, change text color, background color, add links, add media, view source code and even search and replace all within the classic block.

Plus it defines an additional Paragraph block that you can make use of. Give it a try!