this post was submitted on 13 Jun 2023
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Not entirely sure but I think the influx is happening not because of the API perse but for the direction Reddit took.
I might be terribly wrong!
API discussion was definitely the catalyst. But the doubling down and response of the admins to the community was what finally sealed it. Hopefully the mass exodus of users to federated servers makes the news cycle too. When communities reopen in a few days then I think there will be a lot more awareness raised for them and there'll be another wave. We won't get to Reddit's 15mil or whatever active users in a week but the fact that we could be even 5~10% of that is insane.