Because that would be a silly conclusion to draw.
I have taken part in discussions in the past in which people argue about whether a QM entity is "really" a particle, with some wave behaviour or "really" a wave with some particle behaviour. What nature seems to tell us is that it is neither or both, equally. QM brings the two aspects together in a model that is brilliantly successful. The real learning point, in my opinion, is the same one that Relativity teaches us: nature is not bound to behave according to everyday human concepts.
Regarding "material reality", the empty space in the atom came as a shock to Rutherford and his contemporaries back in 1909, after his famous gold foil experiment disproved the Plum Pudding Model, but ever since then our conception of matter has been one of mass and charge concentrated in subatomic QM wave-particle entities, with the "solidity" of matter being due to the electrostatic forces between them (with the extra constraint of the Pauli Exclusion Principle) that make it hard to deform or compress various states of matter. The fact that matter is "mostly empty space" does not mean it is not "really" there. This is pretty obvious, surely?
By the way I notice you keep referring to "standing waves". A QM entity in a bound state exhibits periodic behaviour, which is reflected in the standing wave idea. Examples are a rotating molecule or an electron in an atom. But an unbound, free entity, e.g an electron in space, is not in a "standing" wave state - the wave is travelling. So standing waves are not fundamental to QM: they arise where there is periodic motion. In such cases you can think of the wave as wrapping around and repeatedly passing over itself. If the phases of the wave in one pass are not aligned with the phases of the previous pass (as in a standing wave), they will progressively interfere destructively and cancel out the amplitude to zero. This is why in bound states the QM entity can only occupy certain states, at discrete energy levels, e.g. the "orbitals" of electrons in atoms or the discrete rotational states of molecules. But an unbound electron can have any energy it likes, because it is not in a bound, "standing wave"-like, state.