Trolley wheels were developed partly to prevent wear-and-tear on the electrical contract surface as there is only rolling (static friction) contact with the wire
If you look back at pictures, you will see that trolley wheels were among the first items used to pick up power. And, at slow speed, they could bounce over rough spots in the wire. Old hangers (I have some books clearly showing this) were wrapped around the wire, and sometimes soldered onto the wire. In many cases, especially at special work, the turnout casting was simply clamped onto the wire, and the collector had to navigate a sudden 1/4" or bigger blunt end. A large wheel would track nicely; it would DESTROY a slider.
Wheels worked fine until the speed increased, and the power consumption increased. Wheels have a very small area of contact and arcing is a real problem when you are trying to pull big amps. HIgher speed causes the wheels to bounce at every imperfection; and getting them to simply roll that fast can be problemmatic. So, for poles the sliders were invented. Mostly the contact in the shoe is carbon; but some lines used steel and greased the hell out of their wire.
(And, BTW, in answer to the original question: the wire DOES wear down even with carbon inserts. The old South Shore wire is FLAT on the bottom, and in many cases has lost over half its original height.)