Yeah. Agreed. Interestingly, traffic to my personal relay has increased substantially and it does look legit. I'm not sure how Nostr.band stats are calculated. Do they count events written to smaller relays? Otherwise each client that switches to the Outbox model, like Amethyst did recently, will make a dent on nostr.band stats.

PS: Not dismissing the fact that a lot of folks left Nostr and that onboarding new people has been quite difficult.

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Unless an exodus of almost biblical proportions happen I would not attribute this sudden drop to people leaving.