Some, maybe many, hope for the decentralised model of the fediverse to “take back the internet”. Each time a commercial platform “enshitifies“, there are then calls for the fediverse to replace it with a federated alternative, in part to take advantage of the moment of user agitation.
But, IMO, resources and financial support are a touchy topic in the fediverse. If such has lead to a mismatch between ambition and opportunity, and, capability, that may be worth addressing.