I figured the game was abandoned, to be honest. Their updates have been unreasonably slow and what little they did release was insultingly barebones. With how much money they made during their unexpected COVID success, you’d think your first order of business would be hiring a top notch PM and experienced devs to keep your development on track.
Edit: I want to add that Enshrouded, in my opinion, seems like what I had hoped Valheim would develop into with more time.