To learn a broad range of skills, kids need appropriate challenges and these can be found in real life, outside the classroom.

Kids also need "true peers" (academic/intellectual peers) or they sense they are outsiders. While gifted kids can form peer friendships with other gifted kids they may see once a year at a gifted summer camp, they see other children enjoying peer friendships in the daily learning environment.

With effort, your child may develop well without having appropriate challenge and academic/intellectual peers in the classroom,
however the poor educational fit typically takes a toll and keeps a child from flourishing. Parents often engage in advocacy in order to try to achieve a better educational/academic fit.

If your child is happy now, typically this would indicate that no change is needed at this time. This may be a good opportunity to look at resources available and lay some groundwork in preparation for possible future advocacy which you may need to engage in if/when your child exhibits stress, anxiety, regression, school refusal, etc.