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Is Bluesky Fading? Once a Twitter Challenger, Now Struggling to Hold Ground
Bluesky, once heralded as the decentralized answer to Twitter's dominance, is hitting turbulence. Following a surge to 30 million users post-2024 U.S. elections, engagement numbers have plummeted to September 2024 levels by early 2026. CEO Jay Graber's recent exit adds to the platform's woes, with issues in content discovery and user retention dragging its potential down. Can Bluesky reclaim its position or will it fade as a fleeting "moonshot" moment?