The limit is around 1000 items last I checked, which is a fair amount of stuff to be hoarding up. The worst offenders for hogging space now would be cosmetics and deeds. We have added ways players can more quickly salvage their stockpiles of items in recent weeks which can help those who had a big old pile of trash they couldn’t face breaking down.
We don’t have plans to increase the storage capacity of inventories. The difference between V1 where inventories were limitless and V2 where they’re capped is in V1 we used our own backend system, and in V2 we use a third party platform for it where you can’t just add limitless data.
This is a good thing, V1 inventories could get so large that the player could no longer log in.