Yup, and only less than an eighth of the total IPv6 address space has been allocated [0] [1], so there's still plenty of room to expand, even if we have to throw every current address out and start from scratch.
[0]: https://www.iana.org/assignments/ipv6-address-space/ipv6-add...
[1]: https://datatracker.ietf.org/doc/html/rfc3513#section-4