I duplicated the end result than added motion blur to it and erased the middle part and than lowered the strength of the duplicated layer that's why it look's washed that was my intention so you would have more focus on The logo
You create focus on the focal by using effects that draw your eye to the focal coupled with effective use of concepts based around the rules of thirds.
Nothing's washed up about it. It looks really clean and good in my opinion. I do agree with the texture spam, and also try to make the text expand to fit most of the frame, add some lighting, sparks, etc. Make it more colorful