SimilarWeb has just released traffic estimates for June. According to these estimates, Reddit's traffic has seen a 3.36% month-over-month decrease.
For comparison, here's how traffic has changed for other popular social networking websites:
Source: https://www.similarweb.com/website/reddit.com/#overview
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I'm genuinely surprised the Lemmy exodus has been as large as 3%. Reddit will be just fine. This isn't like Digg > Reddit.
I mean, this is actually a lot like Digg > Reddit, the same class of user has migrated. It's just that Reddit has long outgrown that techy/nerdy demographic. I doubt they'll miss us much.
Nor do I want that other 97% to follow us to Lemmy, especially.
For me personally it still needs to be far bigger though. On Reddit literally every bite of news was posted and discussed for many of the hobbies I have, large or niche. Yet on Lemmy some of my interests are barely represented nevermind being a reliable source of information and news.
I can say what's helped me tremendously is finding a niche instance that aligns with your interests instead of the huge generic ones