I’d say monthly active looks pretty much stagnant. Of course we would all benefit from greater adoption.
For me it was spezgate that brought me to abandon reddit. Yes, a platform is only as valuable as its userbase. Someone else here boiled it down to “quality over quantity”. I don’t expect this to be the final verdict on the trend.
To me this is a lot like Linux vs Windows market share. Microsoft are currently doing everything in their power to enshittify Windows 11. But the endgame for a community first product like Linux isn’t to promote itself better towards potential switchers. People need to make that switch themselves.
The big tech product will probably always “win” in terms of adoption, even if it is inferior in terms of its own merits. At the end of the day nobody wants to be Microsoft (reddit) in this analogy. And Apple (bsky) isn’t that much better.











I think that every platform will reach sort of an equilibrium during its lifetime. That relative “plateau” may last for months, years or even longer than that, but I think it will always be reached after its peak.
imho the height of that peak and plateau speak to the overall popularity potential of the platform. Which is just that. A potential to attract masses. Whether maximizing this is a core goal is a different question.