Chrome Moly, 4130, is carbon steel + a trace of Chromium and Molybdenum, it has a higher potential tensile strength.
Typically in the Bike Biz, that is taken advantage of by reducing the tube wall thickness with out compromising strength.
1010 is OK, commonly the tube spec lets the wall thickness be a bit thicker , so weighs a bit more , but will still be adequately strong.