On a technical level, it is certainly pushing harder than a number of other games on the Switch. However the thing to remember is that this game is designed specifically for the Switch to begin with. Limitations and workarounds are taken in consideration from the start, leaving you with a much more impressive result than a more demanding game being downscaled as a result. The art direction of the game helps a lot as well.
However I don't think it is a pusher like say Witcher 3 or DOOM Eternal is on a technical level. MH Rise looks and runs great, maybe even looks better than games that are pushing the Switch to its limits. But I think that has more to do with Switch being the primary platform moreover how much it is actually pushing the console.
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