Which version to upgrade to?

[LN via openssl-users]

Hello,
I'm currently using a pre-release version of openssl 1.1.1 and want to upgrade 
to a release version.
With the release of openssl 3.0 (and now 3.0.1) while 1.1.1 is still ongoing 
development, do you recommed using one version over the other? Is there an 
advantage to use one or the other or just a matter of choice?What is the plan 
for 1.1.1 after the end of LTS period?
Are we going to have a 3.1 release soon?
Sorry for the many questions!
Thank you!