I honestly hope that 7.0s big feature is a rebuild/upgrade of the engine.
They've been saying for years that they're hitting hard limits on things they can add.
We're still technically running on spaghet code leftovers from the 1.0 to 2.0 transition.
PSO2 New Genesis shows how an MMO can do a big engine overhaul and a sequel while retaining access to the original game.
NGS success or failure aside, the concept of having XIV ARR to Endwalker as a separate thing to whatever we get from 7.0 onwards is actually a pretty decent way to do it.
An entirely new story unfettered by what has come before is a prime opportunity to do a massive visual/Engine upgrade.
XIV is 10 years old now including 1.0. Not even counting the years of development work prior to launch using even older technologies.
To want to do another 10 years of XIV, they kind of have to upgrade the core of the game.
Even that other MMO was forced to upgrade it's engine in it's recent history.