is there any point of getting past that point? do i get cooler stuff on higher levels?

Bossing doesn't really start till 140+.
You've just started bearwolves, you haven't even explored ToT or SH.
Also, you start to make a lot more money after 140 and 150.
And the best guilds in most worlds are 150+.
I'd say continue to atleast 160 on one of them. You'll start to enjoy it.
200 is still a rather large feat, even though most say the accomplishment is dry.

160ish shouldn't take too long any more and it gets you a LOT more skillpoints.

200 however is something you should do only if you're really enjoying the grind - in term of total exp 188 is half way lol (if i remember right)

Empress Gear is 140+

Stronghold is really 170+

Chaos Horntail and Zakum are usually at least 140+