We will have 2.0.x that will have PHP 7.4 support however 2.1.[x] will not have PHP 7.4 support and that will be the way forward and 2.0.[x] releases will have only security / important updates after 2.0.5 and also 8.x-1.x will retire and not supported going forward.
Is your feature request related to a problem? Please describe. As updated in apigee_edge module https://github.com/apigee/apigee-edge-drupal/issues/796#issuecomment-1438603328
We will have 2.0.x that will have PHP 7.4 support however 2.1.[x] will not have PHP 7.4 support and that will be the way forward and 2.0.[x] releases will have only security / important updates after 2.0.5 and also 8.x-1.x will retire and not supported going forward.