Average Lemmy Active Users by Month
https://lemmy.fediverse.observer/stats&months=6
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I dont get the hysteria, personally.
I came here to escape the crowds, not migrate with them.
Once a site gets too popular it gets normified and it just becomes nothing but reposts, in-jokes and low effort crap.
Reddit's appeal was never in the popular subs, but in the long tail. Forget about the dozen subreddits with million+ subscribers, what made it interesting is the thousands of subs with a few hundred active users.
You also have to realize that Reddit would squash popular communities that weren’t as advertiser friendly. Which led to the larger (bad) communities.
What hysteria?