I don't think frequency is going to be going up unless there is some breakthrough in terms of either transistor heat generated or cooling solutions.
Zen 5 can run up to 5.7GHz on 2 cores and then it ramps down from there as more cores are loaded. The issue isn't so much there are only 2 "good" core that can do the frequency, but the fact that we are trying to dissipate 200+ Watts out of a very small area. Either you spread out the "hot" surface, which is unlikely, decrease the heat generated at high frequencies, which is also very difficult, or increase the heat transfer between the CPU and the cooling solution. Generally that means direct-to-die or sub ambient cooling.
If you look at both ARL and Zen 5, they are both frequency limited by heat, not the process or architecture per se.
Some innovative redesign of the heat spreader/TIM would be a good start on increasing frequencies for higher core counts. We are simply hitting a heat transfer barrier with the enormous heat flux all of these tiny transistors are creating.