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Well, Threads is at least aiming to do that and integrate with Mastodon, but the group mind has decided that this is bad.
I’m not part of that group mind, but I’m cynical that they will federate. From a business standpoint it doesn’t benefit them, so I’m betting it’s just a buzzword they’re using.
The next month or so will be the true test. Monthly stats up till now look good, but that’s because there was an active push factor (most of the reddit exodus happened in the last month). There will probably be a slow decline over the next month as people who signed up lose interest. The steepness of the decline will determine lemmy’s future.